Chile has signed free trade agreements (FTAs) with a whole network of countries, including an FTA with the United States that was signed in 2003 and implemented in January 2004. Internal Government of Chile figures show that even when factoring out inflation and the recent high price of copper, bilateral trade between the U.S. and Chile has grown over 60 percent since then. Chile's total trade with China reached US$8.8 billion in 2006, representing nearly 66 percent of the value of its trade relationship with Asia. Exports to Asia increased from US$15.2 billion in 2005 to US$19.7 billion in 2006, a 29.9 percent increase. Year-on-year growth in imports was especially strong from a number of countries: Ecuador (123.9%), Thailand (72.1%), South Korea (52.6%), and China (36.9%).