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2022
Exports $3.24MWorld Rnk 85 / 226
Flag Rnk 388 / 1142
2022
Destination $627k United States
2021 - 2022
FASTEST GROWING MARKET $627kJapan
2022
PRODUCT COMPLEXITY IN Integrated Circuits1.48Rnk 56 / 1025
2022
Imports $97.1MWorld Rnk 64 / 225
Flag Rnk 177 / 1203
2022
Origin $6.68M United States
2021 - 2022
FASTEST GROWING ORIGIN $6.68MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $3.24M in Integrated Circuits, making it the 85th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 388th most exported product in Chile. The main destination of Integrated Circuits exports from Chile are: United States ($1.16M), Japan ($642k), Peru ($173k), Mexico ($165k), and Canada ($129k).

The fastest growing export markets for Integrated Circuits of Chile between 2021 and 2022 were Japan ($627k), Mexico ($143k), and Canada ($129k).

Imports In 2022, Chile imported $97.1M in Integrated Circuits, becoming the 64th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 177th most imported product in Chile. Chile imports Integrated Circuits primarily from: United States ($27.3M), China ($17.6M), Mexico ($12.9M), Brazil ($11.2M), and Netherlands ($7.53M).

The fastest growing import markets in Integrated Circuits for Chile between 2021 and 2022 were United States ($6.68M), Brazil ($3.56M), and Mexico ($3.41M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Integrated Circuits exports accounted up to $89.6k and imports accounted up to $28.5M, resulting in a negative trade balance of $28.4M. Between August 2023 and August 2024 the exports of Chile's   Integrated Circuits have decreased by $-112k (-55.6%) from $202k to $89.6k, while imports decreased by $-16.7M (-36.9%) from $45.1M to $28.5M.

Destinations In August 2024, Integrated Circuits were exported mostly to United States ($35k), France ($13.9k), Argentina ($9.93k), Germany ($8.15k), and Mexico ($7.52k), and were imported mostly from United States ($24M), Panama ($2.63M), China ($443k), Germany ($377k), and Switzerland ($173k).

Growth In August 2024, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to United States ($-28.1k or -17.7%) and Argentina ($-15.6k or -78.5%). In August 2024, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from China ($-723k or -88.1%), Switzerland ($-292k or -60%), and France ($-74.5k or -53.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-112k(-55.6%)
IMPORT GROWTH (August 2023 - August 2024)$-16.7M(-36.9%)
MAIN EXPORTER (August 2024)Las Condes$291k
MAIN DESTINATION (August 2024)United States$35k

This section shows Integrated Circuits'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 Integrated Circuits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.24M
IMPORTS (2022)$97.1M
NET TRADE (2022)-$93.9M

In 2022, Chile exported $3.24M in Integrated Circuits. The main destinations of Chile exports on Integrated Circuits were United States ($1.16M), Japan ($642k), Peru ($173k), Mexico ($165k), and Canada ($129k).

In 2022, Chile imported $97.1M in Integrated Circuits, mainly from United States ($27.3M), China ($17.6M), Mexico ($12.9M), Brazil ($11.2M), and Netherlands ($7.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Japan$627k (4.28k%)
Mexico$143k (649%)
Canada$129k (226k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Chile WERE (2021 - 2022):
France-$163k (-57.8%)
Hong Kong-$149k (-100%)
Panama-$66.5k (-87%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Integrated Circuits were:
Chinese Taipei $223B
China $212B
South Korea $121B
In 2022, Chile's main importing competitors in Integrated Circuits were:
China $232B
Hong Kong $201B
Chinese Taipei $80.9B

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.75M
TOP IMPORT POTENTIALChina+ $16.5M

Integrated Circuits’s highest export potential is United States. With an export gap of $1.75M.   Integrated Circuits’s highest import potential is China with an import gap of $16.5M.

See methodology.

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