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2022
Exports $5.23MWorld Rnk 77 / 219
Flag Rnk 325 / 1142
2022
Destination $770k United States
2021 - 2022
FASTEST GROWING MARKET $770kRomania
2022
PRODUCT COMPLEXITY IN Electrical Control Boards0.56Rnk 343 / 1025
2022
Imports $194MWorld Rnk 50 / 224
Flag Rnk 96 / 1203
2022
Origin $31.7M China
2021 - 2022
FASTEST GROWING ORIGIN $31.7MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $5.23M in Electrical Control Boards, making it the 77th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 325th most exported product in Chile. The main destination of Electrical Control Boards exports from Chile are: United States ($953k), Peru ($824k), Romania ($770k), Bolivia ($437k), and Argentina ($362k).

The fastest growing export markets for Electrical Control Boards of Chile between 2021 and 2022 were Romania ($770k), Nicaragua ($279k), and Mozambique ($173k).

Imports In 2022, Chile imported $194M in Electrical Control Boards, becoming the 50th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 96th most imported product in Chile. Chile imports Electrical Control Boards primarily from: China ($54.2M), United States ($24.5M), Germany ($20.7M), Spain ($14.5M), and Brazil ($12.2M).

The fastest growing import markets in Electrical Control Boards for Chile between 2021 and 2022 were China ($31.7M), Italy ($6.38M), and Switzerland ($4.53M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Electrical Control Boards exports accounted up to $1.08M and imports accounted up to $26.4M, resulting in a negative trade balance of $25.3M. Between June 2023 and June 2024 the exports of Chile's   Electrical Control Boards have increased by $816k (314%) from $260k to $1.08M, while imports decreased by $-514k (-1.91%) from $26.9M to $26.4M.

Destinations In June 2024, Electrical Control Boards were exported mostly to United States ($527k), Peru ($138k), China ($115k), Brazil ($65.8k), and Venezuela ($62.4k), and were imported mostly from United States ($10.5M), Germany ($7.11M), Sweden ($1.22M), Norway ($1.15M), and Panama ($1.11M).

Growth In June 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to Argentina ($191k or 1.14k%), Colombia ($76k or 660%), and Mexico ($22.8k or 76.1%). In June 2024, the decrease in Electrical Control Boards's year-by-year imports was explained primarily by a decrease in imports from Sweden ($-1.49M or -85.5%), Switzerland ($-1.13M or -75.6%), and Italy ($-476k or -76.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$816k(314%)
IMPORT GROWTH (June 2023 - June 2024)$-514k(-1.91%)
MAIN EXPORTER (June 2024)Las Condes$617k
MAIN DESTINATION (June 2024)United States$527k

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.23M
IMPORTS (2022)$194M
NET TRADE (2022)-$188M

In 2022, Chile exported $5.23M in Electrical Control Boards. The main destinations of Chile exports on Electrical Control Boards were United States ($953k), Peru ($824k), Romania ($770k), Bolivia ($437k), and Argentina ($362k).

In 2022, Chile imported $194M in Electrical Control Boards, mainly from China ($54.2M), United States ($24.5M), Germany ($20.7M), Spain ($14.5M), and Brazil ($12.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Romania$770k (1%)
Nicaragua$279k (6.23k%)
Mozambique$173k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Chile WERE (2021 - 2022):
United States-$1.67M (-63.7%)
Italy-$267k (-93.5%)
Peru-$99.3k (-10.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Chile's main importing competitors in Electrical Control Boards were:
United States $16.6B
Germany $8.76B
China $5.33B

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.74M
TOP IMPORT POTENTIALChina+ $15.6M

Electrical Control Boards’s highest export potential is United States. With an export gap of $1.74M.   Electrical Control Boards’s highest import potential is China with an import gap of $15.6M.

See methodology.

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