Cars in Chile 2021 Exports | Imports : $197M | $4.21B, World Rnk 54 / 218 Rnk 51 / 1125 | World Rnk 29 / 226 Rnk 2 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $49.1M | $883M, Paraguay | China
2021 ECONOMIC COMPLEXITY of Chile: -0.22, Rnk 74 / 131
2021 PRODUCT COMPLEXITY IN Cars: 0.9, Rnk 202 / 1029
Exports In 2021, Chile exported $197M in Cars, making it the 54th largest exporter of Cars in the world. At the same year, Cars was the 51st most exported product in Chile. The main destination of Cars exports from Chile are: Paraguay ($136M), Dominican Republic ($21.7M), Bolivia ($19.9M), Egypt ($5.16M), and United States ($3.55M).
The fastest growing export markets for Cars of Chile between 2020 and 2021 were Paraguay ($49.1M), Dominican Republic ($5.36M), and Egypt ($5.16M).
Imports In 2021, Chile imported $4.21B in Cars, becoming the 29th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Chile. Chile imports Cars primarily from: China ($1.23B), Japan ($631M), South Korea ($410M), India ($366M), and Brazil ($283M).
The fastest growing import markets in Cars for Chile between 2020 and 2021 were China ($883M), Japan ($263M), and South Korea ($236M).
Tariffs In 2018, the average tariff for Chile in Cars was 4.66%. The countries with the highest import tariffs for Cars were Botswana (Most Favoured Nation duty rate treatment, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6%), Cameroon (Most Favoured Nation duty rate treatment, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6%), and Cape Verde (Most Favoured Nation duty rate treatment, 6%).
February 2023
Overview In February 2023 Chile's Cars exports accounted up to $495k and imports accounted up to $2.56M, resulting in a negative trade balance of $2.06M. Between February 2022 and February 2023 the exports of Chile's Cars have decreased by $-150k (-23.3%) from $645k to $495k, while imports decreased by $-15.5M (-85.8%) from $18M to $2.56M.
Destinations In February 2023, Cars were exported mostly to Bolivia ($298k), United States ($102k), Argentina ($36k), Paraguay ($22.8k), and Uruguay ($15.2k), and were imported mostly from Chile ($661k), Argentina ($605k), Brazil ($434k), Canada ($375k), and Japan ($242k).
Growth In February 2023, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to Bolivia ($-194k or -19.8%), Peru ($-45.1k or -36.2%), and Paraguay ($-5.65k or -24.7%). In February 2023, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (February 2022 - February 2023): $-150k, (-23.3%)
IMPORT GROWTH (February 2022 - February 2023): $-15.5M, (-85.8%)
MAIN EXPORTER (February 2023): Arica, $268k
MAIN DESTINATION (February 2023): Bolivia, $298k
This section shows Cars'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 Cars over time.
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EXPORTS (2021): $197M
IMPORTS (2021): $4.21B
NET TRADE (2021): -$4.02B
In 2021, Chile exported $197M in Cars. The main destinations of Chile exports on Cars were Paraguay ($136M), Dominican Republic ($21.7M), Bolivia ($19.9M), Egypt ($5.16M), and United States ($3.55M).
In 2021, Chile imported $4.21B in Cars, mainly from China ($1.23B), Japan ($631M), South Korea ($410M), India ($366M), and Brazil ($283M).
THE FASTEST GROWING Cars EXPORT MARKETS FOR Chile WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Chile WERE (2020 - 2021):
In 2021, Chile's main exporting competitors in Cars were:
In 2021, Chile's main importing competitors in Cars were:
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