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2022
Exports $30.8MWorld Rnk 62 / 192
Flag Rnk 135 / 1142
2022
Destination $15.3M France
2021 - 2022
FASTEST GROWING MARKET $15.3MFrance
2022
PRODUCT COMPLEXITY IN Gas Turbines0.71Rnk 270 / 1025
2022
Imports $543MWorld Rnk 36 / 207
Flag Rnk 25 / 1203
2022
Origin $166M United States
2021 - 2022
FASTEST GROWING ORIGIN $166MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $30.8M in Gas Turbines, making it the 62nd largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 135th most exported product in Chile. The main destination of Gas Turbines exports from Chile are: France ($17.7M), United States ($7.1M), Canada ($2.69M), Indonesia ($1.77M), and United Arab Emirates ($754k).

The fastest growing export markets for Gas Turbines of Chile between 2021 and 2022 were France ($15.3M), United States ($6.31M), and Canada ($1.88M).

Imports In 2022, Chile imported $543M in Gas Turbines, becoming the 36th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 25th most imported product in Chile. Chile imports Gas Turbines primarily from: United States ($178M), France ($169M), Singapore ($67.2M), United Arab Emirates ($41.1M), and United Kingdom ($21.8M).

The fastest growing import markets in Gas Turbines for Chile between 2021 and 2022 were United States ($166M), France ($129M), and Singapore ($44.4M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Gas Turbines exports accounted up to $507k and imports accounted up to $1.01M, resulting in a negative trade balance of $505k. Between March 2023 and August 2024 the exports of Chile's   Gas Turbines have decreased by $-14.1M (-96.5%) from $14.7M to $507k, while imports decreased by $-2.08M (-67.3%) from $3.09M to $1.01M.

Destinations In August 2024, Gas Turbines were exported mostly to Canada ($507k), and were imported mostly from United States ($528k), Switzerland ($233k), Indonesia ($93.9k), Uruguay ($74.7k), and Chile ($73.7k).

Growth In August 2024, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Gas Turbines's year-by-year imports was explained primarily by a decrease in imports from United States ($-15.5M or -80.2%), Switzerland ($-163k or -22%), and Belgium ($-45.4k or -97.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - August 2024)$-14.1M(-96.5%)
IMPORT GROWTH (August 2023 - August 2024)$-2.08M(-67.3%)
MAIN EXPORTER (August 2024)Santiago$4.96M
MAIN DESTINATION (August 2024)Canada$507k

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.8M
IMPORTS (2022)$543M
NET TRADE (2022)-$512M

In 2022, Chile exported $30.8M in Gas Turbines. The main destinations of Chile exports on Gas Turbines were France ($17.7M), United States ($7.1M), Canada ($2.69M), Indonesia ($1.77M), and United Arab Emirates ($754k).

In 2022, Chile imported $543M in Gas Turbines, mainly from United States ($178M), France ($169M), Singapore ($67.2M), United Arab Emirates ($41.1M), and United Kingdom ($21.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Chile WERE (2021 - 2022):
France$15.3M (645%)
United States$6.31M (805%)
Canada$1.88M (232%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Chile WERE (2021 - 2022):
Brazil-$3.42M (-87.7%)
United Kingdom-$651k (-97.7%)
Peru-$22.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Gas Turbines were:
United States $32.5B
United Kingdom $29.2B
France $13.6B
In 2022, Chile's main importing competitors in Gas Turbines were:
United States $26.2B
United Kingdom $11.5B
China $9.91B

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.25M
TOP IMPORT POTENTIALUnited Kingdom+ $18.5M

Gas Turbines’s highest export potential is United States. With an export gap of $8.25M.   Gas Turbines’s highest import potential is United Kingdom with an import gap of $18.5M.

See methodology.

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