Chile / Ecuador

Overview In August 2024, Chile exported $42.4M and imported $8.74M from Ecuador, resulting in a positive trade balance of $33.7M. Between August 2023 and August 2024 the exports of Chile have decreased by $-14.9M (-26%) from $57.3M to $42.4M, while imports decreased by $-5.3M (-37.8%) from $14M to $8.74M.

Trade In August 2024, the top exports of Chile to Ecuador were Hot-Rolled Iron Bars ($4.6M), Commodities not elsewhere specified ($4.14M), Packaged Medicaments ($2.53M), Other Edible Preparations ($2.35M), and Pitted Fruits ($2.04M). In August 2024 the top imports of Chile from Ecuador were Bananas ($4.35M), Crustaceans ($3.03M), Cut Flowers ($860k), Tropical Fruits ($717k), and Hair Products ($487k).

Origins In August 2024 the exports of Chile were mainly from Las Condes ($11.9M), Santiago ($4.29M), Renca ($2.87M), Vitacura ($2.31M), and Providencia ($2.21M), while imports destinations were mainly Santiago ($3.27M), Las Condes ($704k), Peñalolén ($651k), Quilicura ($607k), and Recoleta ($517k).

Growth In August 2024, the decrease in Chile's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Other Edible Preparations ($-4.73M or -66.8%), Mixed Mineral or Chemical Fertilizers ($-4.58M or -99.1%), and Other Iron Products ($-1.54M or -90%). In August 2024, the decrease in Chile's year-by-year imports  from Ecuador was explained primarily by an decrease in product imports  in Crustaceans ($-4M or -56.9%), Processed Fish ($-1.77M or -90.6%), and Cocoa Beans ($-104k or -92%).