HS Icon Combustion Engines in  Flag Chile

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Exports | Imports
: $31.5M | $142M, World Rnk 35 / 186
Flag Rnk 121 / 1121 | World Rnk 41 / 217
Flag Rnk 102 / 1204

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.69M | $21.9M, United States |  United States

2019
ECONOMIC COMPLEXITY of Chile
: -0.1, Rnk 77 / 147

2019
PRODUCT COMPLEXITY  IN Combustion Engines
: 1.21, Rnk 102 / 1029

Exports In N/A, Chile exported $31.5M in Combustion Engines, making it the 35th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 121st most exported product in Chile. The main destination of Combustion Engines exports from Chile are: United States ($19.4M), Bolivia ($5.05M), Peru ($2.17M), Spain ($1.55M), and Argentina ($1.18M).

The fastest growing export markets for Combustion Engines of Chile between 2018 and 2019 were United States ($1.69M), Spain ($1.55M), and Ecuador ($596k).

Imports In N/A, Chile imported $142M in Combustion Engines, becoming the 41st largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 102nd most imported product in Chile. Chile imports Combustion Engines primarily from: United States ($97.3M), United Kingdom ($11.6M), Japan ($8.88M), South Korea ($4.43M), and China ($4.34M).

The fastest growing import markets in Combustion Engines for Chile between 2018 and 2019 were United States ($21.9M), Australia ($1.83M), and Japan ($779k).

Tariffs In 2018, the average tariff for Chile in Combustion Engines was 3.55%. The countries with the highest import tariffs for Combustion Engines were Botswana (Most Favoured Nation duty rate treatement, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 6%), Cameroon (Most Favoured Nation duty rate treatement, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 6%), and Cape Verde (Most Favoured Nation duty rate treatement, 6%).

Historical Data

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EXPORTS (2019): $31.5M

IMPORTS (2019): $142M

NET TRADE (2019): -$110M

In 2019, Chile exported $31.5M in Combustion Engines. The main destinations of Chile exports on Combustion Engines were United States ($19.4M), Bolivia ($5.05M), Peru ($2.17M), Spain ($1.55M), and Argentina ($1.18M).

In 2019, Chile imported $142M in Combustion Engines, mainly from United States ($97.3M), United Kingdom ($11.6M), Japan ($8.88M), South Korea ($4.43M), and China ($4.34M).

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Flow

THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Chile WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Chile WERE (2018 - 2019):

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Market Concentration

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In 2019, Chile's main exporting competitors in Combustion Engines were:

In 2019, Chile's main importing competitors in Combustion Engines were:

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Tariffs by Country

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In 2018, the average tariff for Chile in Combustion Engines was 3.55%.

The countries with the highest tariffs for Combustion Engines in Chile were Botswana (Most Favoured Nation duty rate treatement, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 6%), Cameroon (Most Favoured Nation duty rate treatement, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 6%), and Cape Verde (Most Favoured Nation duty rate treatement, 6%).