Crude Petroleum in Chile

EXPORTS (2017): $3.83k, World Rnk 118 / 122
Flag Rnk 1030 / 1061

TOP DESTINATION (2017): $3.83k, Netherlands

IMPORTS (2018): $3.83B, World Rnk 33 / 148
Flag Rnk 3 / 1192

TOP ORIGIN (2018): $2.07B, Brazil

FASTEST GROWING ORIGIN (2017 - 2018): $412M, Brazil

ECONOMIC COMPLEXITY of Chile (2018): -0.12, Rnk 74 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Overview: This page contains the latest trade data of Crude Petroleum in Chile.

Exports: In 2017, Chile exported $3.83k in Crude Petroleum, making it the 118th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1030th most exported product in Chile. The main destination of Crude Petroleum exports from Chile are: Netherlands ($3.83k).

Imports: In 2018, Chile imported $3.83B in Crude Petroleum, becoming the 33rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in Chile. Chile imports Crude Petroleum primarily from: Brazil ($2.07B), Ecuador ($1.17B), United States ($227M), Peru ($87.6M), and United Kingdom ($67.2M).

The fastest growing import markets in Crude Petroleum for Chile between 2017 and 2018 were Brazil ($412M), United States ($226M), and Ecuador ($108M).

Tariffs: In 2018, the average tariff for Chile in Crude Petroleum was 3.55%. The countries with the highest import tariffs for Crude Petroleum were Botswana (6%), Cote d'Ivoire (6%), Cameroon (6%), Democratic Republic of the Congo (6%), and Cape Verde (6%).

Value

EXPORTS (2017): $3.83k

IMPORTS (2018): $3.83B

NET TRADE (2018): -$3.83B

In 2017, Chile exported $3.83k in Crude Petroleum. The main destinations of Chile exports on Crude Petroleum were Netherlands ($3.83k).

In 2018, Chile imported $3.83B in Crude Petroleum, mainly from Brazil ($2.07B), Ecuador ($1.17B), United States ($227M), Peru ($87.6M), and United Kingdom ($67.2M).

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IN 2017, Chile HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:: Netherlands, $3.83k ($3.83k - $0)

IN 2018, Chile HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Brazil, -$2.07B ($0 - $2.07B)
  • Ecuador, -$1.17B ($0 - $1.17B)
  • United States, -$227M ($0 - $227M)
Flow

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Chile WERE (2016 - 2017):

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Market Concentration

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Flow
Type

In 2018, Chile's main exporting competitors in Crude Petroleum were:

In 2018, Chile's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Chile. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Chile in Crude Petroleum was 3.55%.

The countries with the highest tariffs for Crude Petroleum in Chile were Botswana (6%), Cote d'Ivoire (6%), Cameroon (6%), Democratic Republic of the Congo (6%), and Cape Verde (6%).

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