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2018
Exports $70.9MWorld Rnk 34 / 160
Flag Rnk 87 / 1142
2018
Destination $1.25M United States
2021 - 2022
FASTEST GROWING MARKET $1.25MAustria
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2018
Imports $665MWorld Rnk 24 / 212
Flag Rnk 18 / 1203
2018
Origin $203M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $203MParaguay
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2018, Chile exported $70.9M in Corn, making it the 34th largest exporter of Corn in the world. At the same year, Corn was the 87th most exported product in Chile. The main destination of Corn exports from Chile are: United States ($37.5M), France ($9.08M), Mexico ($4.55M), Germany ($3.88M), and South Africa ($3.78M).

The fastest growing export markets for Corn of Chile between 2021 and 2022 were Austria ($1.25M), Romania ($629k), and Chile ($533k).

Imports In 2022, Chile imported $665M in Corn, becoming the 24th largest importer of Corn in the world. At the same year, Corn was the 18th most imported product in Chile. Chile imports Corn primarily from: Argentina ($424M), Paraguay ($224M), Uruguay ($4.82M), United States ($3.67M), and France ($2.88M).

The fastest growing import markets in Corn for Chile between 2021 and 2022 were Paraguay ($203M), Uruguay ($4.82M), and Austria ($573k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Corn exports accounted up to $2.5M and imports accounted up to $4.93M, resulting in a negative trade balance of $2.43M. Between August 2023 and August 2024 the exports of Chile's   Corn have decreased by $-1.38M (-35.5%) from $3.87M to $2.5M, while imports decreased by $-9.38M (-65.6%) from $14.3M to $4.93M.

Destinations In August 2024, Corn were exported mostly to Germany ($1.07M), Brazil ($657k), South Africa ($485k), Argentina ($259k), and Papua New Guinea ($26.7k), and were imported mostly from United States ($3.99M), Argentina ($396k), Bolivia ($296k), Chile ($184k), and Uruguay ($28.6k).

Growth In August 2024, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to United States ($-2.1M or -92.2%) and Japan ($-706k or -79.1%). In August 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-116k or -19.4%) and Mexico ($-21.6 or -4.46%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-1.38M(-35.5%)
IMPORT GROWTH (August 2023 - August 2024)$-9.38M(-65.6%)
MAIN EXPORTER (August 2024)Providencia$7.58M
MAIN DESTINATION (August 2024)Germany$1.07M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.9M
IMPORTS (2022)$665M
NET TRADE (2022)-$595M

In 2022, Chile exported $70.9M in Corn. The main destinations of Chile exports on Corn were United States ($37.5M), France ($9.08M), Mexico ($4.55M), Germany ($3.88M), and South Africa ($3.78M).

In 2022, Chile imported $665M in Corn, mainly from Argentina ($424M), Paraguay ($224M), Uruguay ($4.82M), United States ($3.67M), and France ($2.88M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Austria$1.25M (821%)
Romania$629k (5.67k%)
Chile$533k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Chile WERE (2021 - 2022):
United States-$13M (-25.8%)
France-$12.6M (-58.1%)
Italy-$3.7M (-74.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Corn were:
United States $19.3B
Brazil $12.4B
Argentina $9.79B
In 2022, Chile's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $4.73M
TOP IMPORT POTENTIALUnited States+ $8.29M

Corn’s highest export potential is Mexico. With an export gap of $4.73M.   Corn’s highest import potential is United States with an import gap of $8.29M.

See methodology.

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