2023
Exports
$459MWorld Rnk 1 / 119
Flag Rnk 28 / 1133
2023
PRODUCT COMPLEXITY IN Fish oil
-1.52Rnk 946 / 1025
2023
Imports
$342MWorld Rnk 2 / 175
Flag Rnk 49 / 1199
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $459M in Fish oil, making it the 1st largest exporter of Fish oil in the world. At the same year, Fish oil was the 28th most exported product in Chile. The main destination of Fish oil exports from Chile are: Norway ($82.9M), Denmark ($47.5M), Turkey ($44.5M), Japan ($39.5M), and Belgium ($34.7M).

The fastest growing export markets for Fish oil of Chile between 2022 and 2023 were Norway ($46.1M), Japan ($30.9M), and Turkey ($17.7M).

Imports In 2023, Chile imported $342M in Fish oil, becoming the 2nd largest importer of Fish oil in the world. At the same year, Fish oil was the 49th most imported product in Chile. Chile imports Fish oil primarily from: China ($141M), India ($50.1M), Japan ($42.1M), Peru ($25M), and Mexico ($12.6M).

The fastest growing import markets in Fish oil for Chile between 2022 and 2023 were China ($116M), India ($49.6M), and Guinea-Bissau ($9.39M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-15.5M(-66.3%)
IMPORT GROWTH (December 2023 - December 2024)$-11.7M(-69%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$1.78M

This section shows Fish oil'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 Fish oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$459M
IMPORTS (2023)$342M
NET TRADE (2023)$117M

In 2023, Chile exported $459M in Fish oil. The main destinations of Chile exports on Fish oil were Norway ($82.9M), Denmark ($47.5M), Turkey ($44.5M), Japan ($39.5M), and Belgium ($34.7M).

In 2023, Chile imported $342M in Fish oil, mainly from China ($141M), India ($50.1M), Japan ($42.1M), Peru ($25M), and Mexico ($12.6M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Norway$46.1M (125%)
Japan$30.9M (360%)
Turkey$17.7M (66.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Chile WERE (2022 - 2023):
Mexico-$5.68M (-65.4%)
Vietnam-$4.31M (-31.7%)
United States-$3.86M (-29.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Fish oil were:
In 2023, Chile's main importing competitors in Fish oil were:

Explore Visualizations

Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.31M
TOP IMPORT POTENTIALMexico+ $898k

Fish oil’s highest export potential is China. With an export gap of $4.31M.   Fish oil’s highest import potential is Mexico with an import gap of $898k.

See methodology.

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