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2023
Exports $6.08BWorld Rnk 1 / 160
Flag Rnk 3 / 1133
2023
Destination $46.6M China
2022 - 2023
FASTEST GROWING MARKET $46.6MNetherlands
2023
PRODUCT COMPLEXITY IN Carbonates-0.49Rnk 701 / 1025
2023
Imports $316MWorld Rnk 13 / 217
Flag Rnk 53 / 1199
2023
Origin $84.8M United States
2022 - 2023
FASTEST GROWING ORIGIN $84.8MUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $6.08B in Carbonates, making it the 1st largest exporter of Carbonates in the world. At the same year, Carbonates was the 3rd most exported product in Chile. The main destination of Carbonates exports from Chile are: China ($3.93B), South Korea ($1.09B), Japan ($506M), United States ($154M), and Netherlands ($136M).

The fastest growing export markets for Carbonates of Chile between 2022 and 2023 were Netherlands ($46.6M), United States ($32.8M), and France ($13.2M).

Imports In 2023, Chile imported $316M in Carbonates, becoming the 13th largest importer of Carbonates in the world. At the same year, Carbonates was the 53rd most imported product in Chile. Chile imports Carbonates primarily from: United States ($288M), Turkey ($5.1M), China ($4.12M), France ($3.74M), and Spain ($3.49M).

The fastest growing import markets in Carbonates for Chile between 2022 and 2023 were United States ($84.8M), Turkey ($2.94M), and Greece ($2.2M).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Carbonates exports accounted up to $161M and imports accounted up to $763k, resulting in a positive trade balance of $161M. Between November 2023 and November 2024 the exports of Chile's   Carbonates have decreased by $-206M (-56.1%) from $368M to $161M, while imports increased by $481k (171%) from $282k to $763k.

Destinations In November 2024, Carbonates were exported mostly to China ($131M), South Korea ($21.3M), Japan ($3.47M), United States ($2.88M), and Belgium ($2.72M), and were imported mostly from Switzerland ($553k), Spain ($95.4k), Germany ($56.2k), United States ($46.8k), and Brazil ($11.8k).

Growth In November 2024, the decrease in Carbonates's year-by-year exports was explained primarily by a decrease in exports to United States ($-7.43M or -86.1%). In November 2024, the increase in Carbonates's year-by-year imports was explained primarily by an increase in imports from Argentina ($23.8k or 12.9k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-206M(-56.1%)
IMPORT GROWTH (November 2023 - November 2024)$481k(171%)
MAIN EXPORTER (November 2024)Las Condes$317M
MAIN DESTINATION (November 2024)China$131M

This section shows Carbonates'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 Carbonates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.08B
IMPORTS (2023)$316M
NET TRADE (2023)$5.77B

In 2023, Chile exported $6.08B in Carbonates. The main destinations of Chile exports on Carbonates were China ($3.93B), South Korea ($1.09B), Japan ($506M), United States ($154M), and Netherlands ($136M).

In 2023, Chile imported $316M in Carbonates, mainly from United States ($288M), Turkey ($5.1M), China ($4.12M), France ($3.74M), and Spain ($3.49M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Netherlands$46.6M (52.2%)
United States$32.8M (27%)
France$13.2M (13.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY Chile WERE (2022 - 2023):
China-$2.09B (-34.7%)
South Korea-$195M (-15.2%)
United Kingdom-$31.6M (-26.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Carbonates were:
United States $2.44B
Turkey $1.7B
In 2023, Chile's main importing competitors in Carbonates were:
China $4.64B
South Korea $1.71B
Japan $1.13B

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Trade Value of Carbonates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29M
TOP IMPORT POTENTIALChina+ $5.19M

Carbonates’s highest export potential is United States. With an export gap of $29M.   Carbonates’s highest import potential is China with an import gap of $5.19M.

See methodology.

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