2023
Exports
$2.09MWorld Rnk 66 / 218
Flag Rnk 436 / 1133
2023
PRODUCT COMPLEXITY IN Ball Bearings
1.17Rnk 116 / 1025
2023
Imports
$117MWorld Rnk 42 / 221
Flag Rnk 140 / 1199
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $2.09M in Ball Bearings, making it the 66th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 436th most exported product in Chile. The main destination of Ball Bearings exports from Chile are: Peru ($420k), United States ($330k), Netherlands ($309k), Argentina ($149k), and Brazil ($101k).

The fastest growing export markets for Ball Bearings of Chile between 2022 and 2023 were Netherlands ($262k), China ($62.5k), and Panama ($48.2k).

Imports In 2023, Chile imported $117M in Ball Bearings, becoming the 42nd largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 140th most imported product in Chile. Chile imports Ball Bearings primarily from: United States ($40.4M), China ($17.2M), Germany ($12.9M), Sweden ($11.5M), and Japan ($9.16M).

The fastest growing import markets in Ball Bearings for Chile between 2022 and 2023 were Sweden ($4.17M), Germany ($1.43M), and Canada ($638k).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (1) were at the forefront of shipping Ball Bearings from Chile to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-298k(-76.7%)
IMPORT GROWTH (November 2023 - November 2024)$-14.5M(-28.6%)
MAIN EXPORTER (November 2024)Huechuraba$339k
MAIN DESTINATION (November 2024)Peru$57.5k

This section shows Ball Bearings'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 Ball Bearings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.09M
IMPORTS (2023)$117M
NET TRADE (2023)-$114M

In 2023, Chile exported $2.09M in Ball Bearings. The main destinations of Chile exports on Ball Bearings were Peru ($420k), United States ($330k), Netherlands ($309k), Argentina ($149k), and Brazil ($101k).

In 2023, Chile imported $117M in Ball Bearings, mainly from United States ($40.4M), China ($17.2M), Germany ($12.9M), Sweden ($11.5M), and Japan ($9.16M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Netherlands$262k (553%)
China$62.5k (1.35k%)
Panama$48.2k (2.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Chile WERE (2022 - 2023):
Peru-$247k (-37.1%)
Argentina-$201k (-57.4%)
Canada-$148k (-91.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, Chile's main importing competitors in Ball Bearings were:

Explore Visualizations

Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $646k
TOP IMPORT POTENTIALChina+ $8.67M

Ball Bearings’s highest export potential is United States. With an export gap of $646k.   Ball Bearings’s highest import potential is China with an import gap of $8.67M.

See methodology.

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