Animal Fat in Chile 2020 Exports | Imports : $38.4M | $3.47M, World Rnk 8 / 73 Rnk 102 / 1118 | World Rnk 35 / 152 Rnk 716 / 1205
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $8.59M | $1.46M, China | Germany
2020 ECONOMIC COMPLEXITY of Chile: -0.2, Rnk 70 / 127
2020 PRODUCT COMPLEXITY IN Animal Fat: 0.53, Rnk 346 / 1029
Exports In 2020, Chile exported $38.4M in Animal Fat, making it the 8th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 102nd most exported product in Chile. The main destination of Animal Fat exports from Chile are: China ($21.7M), Brazil ($4.04M), Russia ($2.7M), Japan ($2.67M), and Colombia ($2.05M).
The fastest growing export markets for Animal Fat of Chile between 2019 and 2020 were China ($8.59M), Japan ($1.91M), and Colombia ($930k).
Imports In 2020, Chile imported $3.47M in Animal Fat, becoming the 35th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 716th most imported product in Chile. Chile imports Animal Fat primarily from: Germany ($1.73M), United States ($532k), Spain ($332k), Belgium ($188k), and Denmark ($184k).
The fastest growing import markets in Animal Fat for Chile between 2019 and 2020 were Germany ($1.46M), Denmark ($163k), and Belgium ($78.8k).
Tariffs In 2018, the average tariff for Chile in Animal Fat was 3.55%. The countries with the highest import tariffs for Animal Fat were Botswana (Most Favoured Nation duty rate treatement, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 6%), Cameroon (Most Favoured Nation duty rate treatement, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 6%), and Cape Verde (Most Favoured Nation duty rate treatement, 6%).
Overview In December 2022 Chile's Animal Fat exports accounted up to $2.49M and imports accounted up to $328k, resulting in a positive trade balance of $2.16M. Between December 2021 and December 2022 the exports of Chile's Animal Fat have decreased by $-1.99M (-44.4%) from $4.48M to $2.49M, while imports increased by $297k (952%) from $31.2k to $328k.
Destinations In December 2022, Animal Fat were exported mostly to Mexico ($510k), China ($431k), Brazil ($305k), Japan ($285k), and Colombia ($284k), and were imported mostly from United States ($328k).
Growth In December 2022, the decrease in Animal Fat's year-by-year exports was explained primarily by a decrease in exports to China ($-1.98M or -84.9%) and Russia ($-99.2k or -55.2%). In December 2022, the increase in Animal Fat's year-by-year imports was explained primarily by an increase in imports from .
EXPORT GROWTH (December 2021 - December 2022): $-1.99M, (-44.4%)
IMPORT GROWTH (July 2021 - December 2022): $297k, (952%)
MAIN EXPORTER (December 2022): Rancagua, $1.9M
MAIN DESTINATION (December 2022): Mexico, $510k
This section shows Animal Fat'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 Animal Fat over time.
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EXPORTS (2020): $38.4M
IMPORTS (2020): $3.47M
NET TRADE (2020): $34.9M
In 2020, Chile exported $38.4M in Animal Fat. The main destinations of Chile exports on Animal Fat were China ($21.7M), Brazil ($4.04M), Russia ($2.7M), Japan ($2.67M), and Colombia ($2.05M).
In 2020, Chile imported $3.47M in Animal Fat, mainly from Germany ($1.73M), United States ($532k), Spain ($332k), Belgium ($188k), and Denmark ($184k).
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Chile WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Chile WERE (2019 - 2020):
In 2020, Chile's main exporting competitors in Animal Fat were:
In 2020, Chile's main importing competitors in Animal Fat were:
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