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Exports In 2023, Chile exported $13M in Borax, making it the 5th largest exporter of Borax in the world. At the same year, Borax was the 203rd most exported product in Chile. The main destination of Borax exports from Chile are: Brazil ($9.02M), Malaysia ($2.63M), United States ($505k), Ecuador ($161k), and Indonesia ($160k).

The fastest growing export markets for Borax of Chile between 2022 and 2023 were Brazil ($3.35M), Malaysia ($2.23M), and United States ($505k).

Imports In 2023, Chile imported $764k in Borax, becoming the 39th largest importer of Borax in the world. At the same year, Borax was the 946th most imported product in Chile. Chile imports Borax primarily from: Bolivia ($763k), Argentina ($150), and China ($116).

The fastest growing import markets in Borax for Chile between 2022 and 2023 were Argentina ($150) and China ($116).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Borax. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$13M
IMPORTS (2023)$764k
NET TRADE (2023)$12.3M

In 2023, Chile exported $13M in Borax. The main destinations of Chile exports on Borax were Brazil ($9.02M), Malaysia ($2.63M), United States ($505k), Ecuador ($161k), and Indonesia ($160k).

In 2023, Chile imported $764k in Borax, mainly from Bolivia ($763k), Argentina ($150), and China ($116).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Brazil$3.35M (59%)
Malaysia$2.23M (555%)
United States$505k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Chile WERE (2022 - 2023):
Mexico-$864k (-100%)
New Zealand-$534k (-94.6%)
Canada-$105k (-83.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chile's main exporting competitors in Borax were:
In 2023, Chile's main importing competitors in Borax were:
China $94.5M
Brazil $85.9M
India $38.8M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $45.3k
TOP IMPORT POTENTIALBolivia+ $116k

Borax’s highest export potential is Malaysia. With an export gap of $45.3k.   Borax’s highest import potential is Bolivia with an import gap of $116k.

See methodology.

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