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Pricing

2022
Exports $11.7MWorld Rnk 35 / 148
Flag Rnk 228 / 1142
2022
Destination $3.22M Mexico
2021 - 2022
FASTEST GROWING MARKET $3.22MMexico
2022
PRODUCT COMPLEXITY IN Butter0.015Rnk 543 / 1025
2022
Imports $22.4MWorld Rnk 60 / 220
Flag Rnk 435 / 1203
2022
Origin $2.22M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $2.22MUruguay
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $11.7M in Butter, making it the 35th largest exporter of Butter in the world. At the same year, Butter was the 228th most exported product in Chile. The main destination of Butter exports from Chile are: Mexico ($6.31M), United States ($4.49M), Dominican Republic ($393k), Germany ($239k), and Peru ($225k).

The fastest growing export markets for Butter of Chile between 2021 and 2022 were Mexico ($3.22M), United States ($2.19M), and Dominican Republic ($393k).

Imports In 2022, Chile imported $22.4M in Butter, becoming the 60th largest importer of Butter in the world. At the same year, Butter was the 435th most imported product in Chile. Chile imports Butter primarily from: New Zealand ($16.4M), Uruguay ($2.78M), Argentina ($935k), Brazil ($906k), and Ireland ($802k).

The fastest growing import markets in Butter for Chile between 2021 and 2022 were Uruguay ($2.22M), Brazil ($119k), and United States ($72.1k).

Latest Trends

October 2024

About

Overview In October 2024 Chile's Butter exports accounted up to $1.69M and imports accounted up to $2.2M, resulting in a negative trade balance of $517k. Between September 2023 and October 2024 the exports of Chile's   Butter have increased by $1.43M (550%) from $259k to $1.69M, while imports increased by $825k (59.8%) from $1.38M to $2.2M.

Destinations In October 2024, Butter were exported mostly to Mexico ($1.01M) and United States ($676k), and were imported mostly from Argentina ($1.56M), United States ($311k), Brazil ($194k), Uruguay ($135k), and France ($1.62k).

Growth In October 2024, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Butter's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - October 2024)$1.43M(550%)
IMPORT GROWTH (October 2023 - October 2024)$825k(59.8%)
MAIN EXPORTER (October 2024)Las Condes$1.01M
MAIN DESTINATION (October 2024)Mexico$1.01M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7M
IMPORTS (2022)$22.4M
NET TRADE (2022)-$10.7M

In 2022, Chile exported $11.7M in Butter. The main destinations of Chile exports on Butter were Mexico ($6.31M), United States ($4.49M), Dominican Republic ($393k), Germany ($239k), and Peru ($225k).

In 2022, Chile imported $22.4M in Butter, mainly from New Zealand ($16.4M), Uruguay ($2.78M), Argentina ($935k), Brazil ($906k), and Ireland ($802k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Mexico$3.22M (104%)
United States$2.19M (95.8%)
Dominican Republic$393k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Chile WERE (2021 - 2022):
Peru-$1.12M (-83.3%)
Germany-$367k (-60.6%)
Panama-$229k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Butter were:
New Zealand $2.78B
Netherlands $2.03B
Ireland $1.46B
In 2022, Chile's main importing competitors in Butter were:
France $1.53B
Netherlands $1.04B
Germany $987M

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALArgentina+ $615k

Butter’s highest export potential is United States. With an export gap of $1.05M.   Butter’s highest import potential is Argentina with an import gap of $615k.

See methodology.

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