Forage Crops in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $10.1M in Forage Crops, making it the 21st largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 238th most exported product in Chile. The main destination of Forage Crops exports from Chile are: Spain ($2.54M), Egypt ($1.75M), Italy ($1.63M), Portugal ($910k), and Israel ($605k).

The fastest growing export markets for Forage Crops of Chile between 2021 and 2022 were Spain ($799k), Oman ($312k), and Dominican Republic ($289k).

Imports In 2022, Chile imported $1.96M in Forage Crops, becoming the 48th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 870th most imported product in Chile. Chile imports Forage Crops primarily from: Argentina ($1.78M), United States ($109k), Australia ($68.5k), Vietnam ($2.37k), and Canada ($2.13k).

The fastest growing import markets in Forage Crops for Chile between 2021 and 2022 were Australia ($19.3k), Vietnam ($410), and Colombia ($61).

Latest Trends

February 2024

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Overview In February 2024 Chile's Forage Crops exports accounted up to $681k and imports accounted up to $44.6k, resulting in a positive trade balance of $636k. Between February 2023 and February 2024 the exports of Chile's Forage Crops have decreased by $-293k (-30.1%) from $974k to $681k, while imports increased by $19.2k (75.8%) from $25.4k to $44.6k.

Destinations In February 2024, Forage Crops were exported mostly to Israel ($174k), Portugal ($136k), Spain ($78.9k), Lebanon ($76.3k), and United States ($73.6k), and were imported mostly from Argentina ($44.6k).

Growth In February 2024, the decrease in Forage Crops's year-by-year exports was explained primarily by a decrease in exports to Spain ($-2.21k or -1.87%) and United Arab Emirates ($-2.15k or -11.5%). In February 2024, the increase in Forage Crops's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-293k(-30.1%)

IMPORT GROWTH (December 2022 - February 2024)$19.2k(75.8%)

MAIN EXPORTER (February 2024)Providencia$565k

MAIN DESTINATION (February 2024)Israel$174k

This section shows Forage Crops'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 Forage Crops over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$10.1M

IMPORTS (2022)$1.96M

NET TRADE (2022)$8.13M

In 2022, Chile exported $10.1M in Forage Crops. The main destinations of Chile exports on Forage Crops were Spain ($2.54M), Egypt ($1.75M), Italy ($1.63M), Portugal ($910k), and Israel ($605k).

In 2022, Chile imported $1.96M in Forage Crops, mainly from Argentina ($1.78M), United States ($109k), Australia ($68.5k), Vietnam ($2.37k), and Canada ($2.13k).

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