Bovine Meat in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $6.98M in Bovine Meat, making it the 49th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 291st most exported product in Chile. The main destination of Bovine Meat exports from Chile are: Spain ($4.18M), Paraguay ($1.02M), Netherlands ($525k), United Kingdom ($420k), and Switzerland ($276k).

The fastest growing export markets for Bovine Meat of Chile between 2021 and 2022 were Spain ($1.53M), Paraguay ($349k), and Greece ($100k).

Imports In 2022, Chile imported $1.24B in Bovine Meat, becoming the 8th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 8th most imported product in Chile. Chile imports Bovine Meat primarily from: Paraguay ($660M), Brazil ($298M), Argentina ($172M), Uruguay ($46.7M), and United States ($31.4M).

The fastest growing import markets in Bovine Meat for Chile between 2021 and 2022 were Paraguay ($22.7M), Uruguay ($8.35M), and United Kingdom ($62.8k).

Latest Trends

February 2024

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Overview In February 2024 Chile's Bovine Meat exports accounted up to $413k and imports accounted up to $224M, resulting in a negative trade balance of $224M. Between February 2023 and February 2024 the exports of Chile's Bovine Meat have increased by $53k (14.7%) from $360k to $413k, while imports increased by $88.6M (65.5%) from $135M to $224M.

Destinations In February 2024, Bovine Meat were exported mostly to Spain ($306k), United Kingdom ($65k), Heard Island and McDonald Islands ($18.6k), Switzerland ($13.5k), and France ($9.72k), and were imported mostly from Paraguay ($84.2M), Argentina ($78.5M), Uruguay ($24.8M), Brazil ($18.7M), and United States ($16.6M).

Growth In February 2024, the increase in Bovine Meat's year-by-year exports was explained primarily by an increase in exports to Spain ($43.9k or 41.9%). In February 2024, the increase in Bovine Meat's year-by-year imports was explained primarily by an increase in imports from Argentina ($30.7M or 76.3%), Paraguay ($24.5M or 130%), and United States ($20.8M or 91.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$53k(14.7%)

IMPORT GROWTH (February 2023 - February 2024)$88.6M(65.5%)

MAIN EXPORTER (February 2024)Los Ángeles$284k

MAIN DESTINATION (February 2024)Spain$306k

This section shows Bovine Meat's exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bovine Meat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.98M

IMPORTS (2022)$1.24B

NET TRADE (2022)-$1.23B

In 2022, Chile exported $6.98M in Bovine Meat. The main destinations of Chile exports on Bovine Meat were Spain ($4.18M), Paraguay ($1.02M), Netherlands ($525k), United Kingdom ($420k), and Switzerland ($276k).

In 2022, Chile imported $1.24B in Bovine Meat, mainly from Paraguay ($660M), Brazil ($298M), Argentina ($172M), Uruguay ($46.7M), and United States ($31.4M).

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