Iron Ore in Chile

2019
Exports | Imports
: $670M | $14.8M, World Rnk 15 / 115
Flag Rnk 17 / 1121 | World Rnk 52 / 130
Flag Rnk 471 / 1204

2019
Destination | Origin
: $583M | $8.04M, China | Brazil

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $17.1M | $4.12M, Algeria |  Brazil

2019
ECONOMIC COMPLEXITY of Chile
: -0.079, Rnk 79 / 157

2019
PRODUCT COMPLEXITY  IN Iron Ore
: -1.86, Rnk 999 / 1029

Exports: In 2019, Chile exported $670M in Iron Ore, making it the 15th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 17th most exported product in Chile. The main destination of Iron Ore exports from Chile are: China ($583M), Algeria ($25.5M), Indonesia ($19M), United States ($13.9M), and Argentina ($11.6M).

The fastest growing export markets for Iron Ore of Chile between 2018 and 2019 were Algeria ($17.1M), United States ($5.43M), and South Africa ($3.17M).

Imports: In 2019, Chile imported $14.8M in Iron Ore, becoming the 52nd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 471st most imported product in Chile. Chile imports Iron Ore primarily from: Brazil ($8.04M), India ($5.09M), Argentina ($1.6M), Ukraine ($10.6k), and Peru ($4.34k).

The fastest growing import markets in Iron Ore for Chile between 2018 and 2019 were Brazil ($4.12M), Argentina ($1.6M), and Ukraine ($10.6k).

Tariffs: In 2018, the average tariff for Chile in Iron Ore was 3.5%. The countries with the highest import tariffs for Iron Ore were Botswana (6%), Cote d'Ivoire (6%), Cameroon (6%), Democratic Republic of the Congo (6%), and Cape Verde (6%).

Value

EXPORTS (2019): $670M

IMPORTS (2019): $14.8M

NET TRADE (2019): $655M

In 2019, Chile exported $670M in Iron Ore. The main destinations of Chile exports on Iron Ore were China ($583M), Algeria ($25.5M), Indonesia ($19M), United States ($13.9M), and Argentina ($11.6M).

In 2019, Chile imported $14.8M in Iron Ore, mainly from Brazil ($8.04M), India ($5.09M), Argentina ($1.6M), Ukraine ($10.6k), and Peru ($4.34k).

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IN 2019, Chile HAD A POSITIVE NET TRADE IN Iron Ore WITH:

IN 2019, Chile HAD A NEGATIVE NET TRADE IN Iron Ore WITH:

Flow

THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Chile WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Chile WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Chile's main exporting competitors in Iron Ore were:

In 2018, Chile's main importing competitors in Iron Ore were:

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Tariffs by Country

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In 2018, the average tariff for Chile in Iron Ore was 3.5%.

The countries with the highest tariffs for Iron Ore in Chile were Botswana (6%), Cote d'Ivoire (6%), Cameroon (6%), Democratic Republic of the Congo (6%), and Cape Verde (6%).

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