2019 Exports | Imports: $670M | $14.8M, World Rnk 15 / 115
Rnk 17 / 1121 | World Rnk 52 / 130 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%).
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).
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):
In 2018, Chile's main exporting competitors in Iron Ore were:
In 2018, Chile's main importing competitors in Iron Ore were:
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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