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2022
Exports $110MWorld Rnk 36 / 169
Flag Rnk 71 / 1142
2022
Destination $7.37M China
2021 - 2022
FASTEST GROWING MARKET $7.37MUnited States
2022
PRODUCT COMPLEXITY IN Crustaceans-1.97Rnk 999 / 1025
2022
Imports $53.2MWorld Rnk 40 / 217
Flag Rnk 284 / 1203
2022
Origin $117k Ecuador
2021 - 2022
FASTEST GROWING ORIGIN $117kPeru
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $110M in Crustaceans, making it the 36th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 71st most exported product in Chile. The main destination of Crustaceans exports from Chile are: China ($56M), United States ($30.6M), Australia ($4.14M), Chinese Taipei ($4.04M), and Belgium ($2.15M).

The fastest growing export markets for Crustaceans of Chile between 2021 and 2022 were United States ($7.37M), China ($5.36M), and Australia ($1.75M).

Imports In 2022, Chile imported $53.2M in Crustaceans, becoming the 40th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 284th most imported product in Chile. Chile imports Crustaceans primarily from: Ecuador ($30.3M), China ($20.4M), Canada ($1.1M), Argentina ($503k), and Thailand ($449k).

The fastest growing import markets in Crustaceans for Chile between 2021 and 2022 were Peru ($117k), United States ($57.5k), and Australia ($22.7k).

Latest Trends

July 2024

About

Overview In July 2024 Chile's Crustaceans exports accounted up to $2.92M and imports accounted up to $4.98M, resulting in a negative trade balance of $2.07M. Between July 2023 and July 2024 the exports of Chile's   Crustaceans have increased by $235k (8.77%) from $2.68M to $2.92M, while imports decreased by $-2.2M (-30.7%) from $7.19M to $4.98M.

Destinations In July 2024, Crustaceans were exported mostly to United States ($1.47M), China ($1.05M), Indonesia ($209k), Malaysia ($101k), and Dominican Republic ($61.8k), and were imported mostly from Ecuador ($3.25M), Hong Kong ($1.48M), United States ($172k), and Argentina ($80.8k).

Growth In July 2024, the increase in Crustaceans's year-by-year exports was explained primarily by an increase in exports to China ($2.37M or 72.2%). In July 2024, the decrease in Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Ecuador ($-4M or -56.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$235k(8.77%)
IMPORT GROWTH (July 2023 - July 2024)$-2.2M(-30.7%)
MAIN EXPORTER (July 2024)Las Condes$3.36M
MAIN DESTINATION (July 2024)United States$1.47M

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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Historical Data

Trade Balance

Color
EXPORTS (2022)$110M
IMPORTS (2022)$53.2M
NET TRADE (2022)$56.7M

In 2022, Chile exported $110M in Crustaceans. The main destinations of Chile exports on Crustaceans were China ($56M), United States ($30.6M), Australia ($4.14M), Chinese Taipei ($4.04M), and Belgium ($2.15M).

In 2022, Chile imported $53.2M in Crustaceans, mainly from Ecuador ($30.3M), China ($20.4M), Canada ($1.1M), Argentina ($503k), and Thailand ($449k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United States$7.37M (31.6%)
China$5.36M (10.6%)
Australia$1.75M (73.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Chile WERE (2021 - 2022):
Guatemala-$1.24M (-100%)
Thailand-$1.1M (-38.2%)
France-$549k (-65.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Chile's main importing competitors in Crustaceans were:
United States $9.1B
China $8.72B
Japan $2.16B

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.4M
TOP IMPORT POTENTIALEcuador+ $6M

Crustaceans’s highest export potential is United States. With an export gap of $17.4M.   Crustaceans’s highest import potential is Ecuador with an import gap of $6M.

See methodology.

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