Malt Extract in Chile | The Observatory of Economic Complexity

About

Exports In 2022, Chile exported $133M in Malt Extract, making it the 31st largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 62nd most exported product in Chile. The main destination of Malt Extract exports from Chile are: United Arab Emirates ($58M), Canada ($8.53M), Colombia ($7.72M), United States ($7.7M), and Guatemala ($5.4M).

The fastest growing export markets for Malt Extract of Chile between 2021 and 2022 were Canada ($1.82M), Honduras ($1.35M), and Nicaragua ($1.02M).

Imports In 2022, Chile imported $80M in Malt Extract, becoming the 67th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 202nd most imported product in Chile. Chile imports Malt Extract primarily from: Mexico ($20.1M), Argentina ($8.27M), Poland ($7.33M), Lithuania ($6.25M), and Canada ($5.67M).

The fastest growing import markets in Malt Extract for Chile between 2021 and 2022 were Mexico ($7.6M), Brazil ($1.08M), and Belgium ($832k).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Malt Extract exports accounted up to $9.69M and imports accounted up to $785k, resulting in a positive trade balance of $8.91M. Between February 2023 and February 2024 the exports of Chile's Malt Extract have decreased by $-2.62M (-21.3%) from $12.3M to $9.69M, while imports decreased by $-154k (-16.4%) from $940k to $785k.

Destinations In February 2024, Malt Extract were exported mostly to United Arab Emirates ($4.88M), United States ($856k), Guatemala ($545k), Panama ($446k), and Nicaragua ($421k), and were imported mostly from Argentina ($360k), Uruguay ($143k), Brazil ($95k), United States ($70.3k), and Ecuador ($43.9k).

Growth In February 2024, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to Bangladesh ($-643k or -86.1%), Guatemala ($-418k or -64.6%), and Peru ($-47.6k or -13.2%). In February 2024, the decrease in Malt Extract's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-403k or -67.4%), Mexico ($-317k or -99.7%), and United States ($-116k or -18.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-2.62M(-21.3%)

IMPORT GROWTH (February 2023 - February 2024)$-154k(-16.4%)

MAIN EXPORTER (February 2024)Las Condes$11.8M

MAIN DESTINATION (February 2024)United Arab Emirates$4.88M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$133M

IMPORTS (2022)$80M

NET TRADE (2022)$52.6M

In 2022, Chile exported $133M in Malt Extract. The main destinations of Chile exports on Malt Extract were United Arab Emirates ($58M), Canada ($8.53M), Colombia ($7.72M), United States ($7.7M), and Guatemala ($5.4M).

In 2022, Chile imported $80M in Malt Extract, mainly from Mexico ($20.1M), Argentina ($8.27M), Poland ($7.33M), Lithuania ($6.25M), and Canada ($5.67M).

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