Rubber Tires in Chile | The Observatory of Economic Complexity

About

Exports In 2022, Chile exported $406M in Rubber Tires, making it the 35th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 34th most exported product in Chile. The main destination of Rubber Tires exports from Chile are: United States ($354M), Bolivia ($30.9M), Argentina ($4.47M), Canada ($4.15M), and Brazil ($2.85M).

The fastest growing export markets for Rubber Tires of Chile between 2021 and 2022 were Bolivia ($6.46M), Argentina ($3.04M), and Mexico ($1.35M).

Imports In 2022, Chile imported $822M in Rubber Tires, becoming the 28th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 11th most imported product in Chile. Chile imports Rubber Tires primarily from: China ($297M), United States ($203M), Japan ($171M), Brazil ($49.9M), and Spain ($21.6M).

The fastest growing import markets in Rubber Tires for Chile between 2021 and 2022 were United States ($44.6M), Japan ($12.7M), and Brazil ($10.5M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (2.44k) and CMPC USA, INC. (12) were at the forefront of shipping Rubber Tires from Chile to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Chile's Rubber Tires exports accounted up to $33.3M and imports accounted up to $33.4M, resulting in a negative trade balance of $97.9k. Between January 2023 and January 2024 the exports of Chile's Rubber Tires have increased by $4.7M (16.4%) from $28.6M to $33.3M, while imports decreased by $-5.17M (-13.4%) from $38.6M to $33.4M.

Destinations In January 2024, Rubber Tires were exported mostly to United States ($31.3M), Colombia ($1.31M), Mexico ($363k), Bolivia ($238k), and Brazil ($48k), and were imported mostly from China ($28.5M), Mexico ($2.56M), Heard Island and McDonald Islands ($729k), Chile ($722k), and United States ($347k).

Growth In January 2024, the increase in Rubber Tires's year-by-year exports was explained primarily by an increase in exports to Bolivia ($363k or 116%) and Peru ($36.4k or 81.6k%). In January 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from China ($-18.2M or -44.8%), United States ($-1.95M or -59.8%), and South Korea ($-1.44M or -75.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$4.7M(16.4%)

IMPORT GROWTH (January 2023 - January 2024)$-5.17M(-13.4%)

MAIN EXPORTER (January 2024)Maipú$31.9M

MAIN DESTINATION (January 2024)United States$31.3M

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$406M

IMPORTS (2022)$822M

NET TRADE (2022)-$416M

In 2022, Chile exported $406M in Rubber Tires. The main destinations of Chile exports on Rubber Tires were United States ($354M), Bolivia ($30.9M), Argentina ($4.47M), Canada ($4.15M), and Brazil ($2.85M).

In 2022, Chile imported $822M in Rubber Tires, mainly from China ($297M), United States ($203M), Japan ($171M), Brazil ($49.9M), and Spain ($21.6M).

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