UPDATE 1-Chile Q2 trade surplus down 42 pct from yr ago

* Exports up 22.5 percent on dynamic mining sector

* Imports surge 44.3 percent on higher auto costs

SANTIAGO, Aug 23 (BestGrowthStock) – Chile posted a $1.88 billion
trade surplus in the second quarter of 2010, the central bank
said on Monday, down 42 percent from a $3.25 billion surplus
during the same period last year.

Exports were about up 22.5 percent from a year earlier at
$15.82 billion and imports were up 44.3 percent at about $13.94
billion.

The growth in exports was led by dynamism in the mining
sector, followed by the agricultural and industrial sectors,
the central bank said in a statement. Exports of copper
cathodes to the United States carried the most weight in the
mining sector, it added.

Imports were led by a 54.8 percent growth in the industrial
sector.

The central bank report cited the greater cost of importing
automobiles, as well as higher diesel fuel costs, as the
driving forces behind the increase.
(Reporting by Santiago Newsroom, Editing by W Simon )

UPDATE 1-Chile Q2 trade surplus down 42 pct from yr ago