Crustaceans in Chile 2021 Exports | Imports : $91M | $75.7M, World Rnk 40 / 169 Rnk 74 / 1125 | World Rnk 31 / 216 Rnk 217 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $15.2M | $19.1M, China | Ecuador
2021 ECONOMIC COMPLEXITY of Chile: -0.22, Rnk 74 / 131
2021 PRODUCT COMPLEXITY IN Crustaceans: -2.01, Rnk 1003 / 1029
Exports In 2021, Chile exported $91M in Crustaceans, making it the 40th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 74th most exported product in Chile. The main destination of Crustaceans exports from Chile are: China ($50.6M), United States ($23.3M), Chinese Taipei ($3.55M), Thailand ($2.88M), and Australia ($2.39M).
The fastest growing export markets for Crustaceans of Chile between 2020 and 2021 were China ($15.2M), United States ($14.3M), and Thailand ($2.19M).
Imports In 2021, Chile imported $75.7M in Crustaceans, becoming the 31st largest importer of Crustaceans in the world. At the same year, Crustaceans was the 217th most imported product in Chile. Chile imports Crustaceans primarily from: Ecuador ($38.3M), China ($32.8M), Canada ($1.73M), Vietnam ($1.05M), and Argentina ($802k).
The fastest growing import markets in Crustaceans for Chile between 2020 and 2021 were Ecuador ($19.1M), China ($18.1M), and Canada ($1.67M).
Tariffs In 2018, the average tariff for Chile in Crustaceans was 3.53%. The countries with the highest import tariffs for Crustaceans 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%).
Overview In January 2023 Chile's Crustaceans exports accounted up to $9.65M and imports accounted up to $3.03M, resulting in a positive trade balance of $6.61M. Between January 2022 and January 2023 the exports of Chile's Crustaceans have decreased by $-1.05M (-9.81%) from $10.7M to $9.65M, while imports decreased by $-11.2M (-78.6%) from $14.2M to $3.03M.
Destinations In January 2023, Crustaceans were exported mostly to China ($5.65M), United States ($955k), Australia ($677k), Dominican Republic ($653k), and Denmark ($526k), and were imported mostly from Ecuador ($3.03M).
Growth In January 2023, the decrease in Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-609k or -67.4%) and Brazil ($-98.3k or -38.1%). In January 2023, the decrease in Crustaceans's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (January 2022 - January 2023): $-1.05M, (-9.81%)
IMPORT GROWTH (January 2022 - January 2023): $-11.2M, (-78.6%)
MAIN EXPORTER (January 2023): Santiago, $3.33M
MAIN DESTINATION (January 2023): China, $5.65M
This section shows Crustaceans'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 Crustaceans over time.
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EXPORTS (2021): $91M
IMPORTS (2021): $75.7M
NET TRADE (2021): $15.2M
In 2021, Chile exported $91M in Crustaceans. The main destinations of Chile exports on Crustaceans were China ($50.6M), United States ($23.3M), Chinese Taipei ($3.55M), Thailand ($2.88M), and Australia ($2.39M).
In 2021, Chile imported $75.7M in Crustaceans, mainly from Ecuador ($38.3M), China ($32.8M), Canada ($1.73M), Vietnam ($1.05M), and Argentina ($802k).
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Chile WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Chile WERE (2020 - 2021):
In 2021, Chile's main exporting competitors in Crustaceans were:
In 2021, Chile's main importing competitors in Crustaceans were:
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