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2022
Exports $68.7kWorld Rnk 52 / 161
Flag Rnk 891 / 1142
falsefalse Bolivia
2021 - 2022
FASTEST GROWING MARKETfalseBolivia
2022
Imports $1.95MWorld Rnk 35 / 207
Flag Rnk 871 / 1203
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $68.7k in Iron Sewing Needles, making it the 52nd largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 891st most exported product in Chile. The main destination of Iron Sewing Needles exports from Chile are: Bolivia ($43.7k), Indonesia ($6.14k), Colombia ($5.48k), Peru ($2.72k), and Mexico ($2.7k).

The fastest growing export markets for Iron Sewing Needles of Chile between 2021 and 2022 were Bolivia ($31.5k), Indonesia ($6.14k), and Colombia ($5.48k).

Imports In 2022, Chile imported $1.95M in Iron Sewing Needles, becoming the 35th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 871st most imported product in Chile. Chile imports Iron Sewing Needles primarily from: China ($1.46M), United States ($227k), India ($47.8k), Chinese Taipei ($35k), and Japan ($35k).

Latest Trends

April 2024

About

Overview In April 2024 Chile's Iron Sewing Needles exports accounted up to $18 and imports accounted up to $1.12M, resulting in a negative trade balance of $1.12M. Between August 2022 and April 2024 the exports of Chile's   Iron Sewing Needles have decreased by $-805 (-97.8%) from $823 to $18, while imports increased by $667k (148%) from $450k to $1.12M.

Destinations In April 2024, Iron Sewing Needles were exported mostly to , and were imported mostly from Hong Kong ($852k), China ($169k), India ($87k), Peru ($6.19k), and Denmark ($2.14k).

Growth In April 2024, the decrease in Iron Sewing Needles's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Iron Sewing Needles's year-by-year imports was explained primarily by an increase in imports from Japan ($12.5k or 405%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2022 - April 2024)$-805(-97.8%)
IMPORT GROWTH (June 2023 - June 2024)$667k(148%)
MAIN EXPORTER (April 2024)Quilicura$114
MAIN DESTINATION (April 2024)

This section shows Iron Sewing Needles'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 Iron Sewing Needles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$68.7k
IMPORTS (2022)$1.95M
NET TRADE (2022)-$1.88M

In 2022, Chile exported $68.7k in Iron Sewing Needles. The main destinations of Chile exports on Iron Sewing Needles were Bolivia ($43.7k), Indonesia ($6.14k), Colombia ($5.48k), Peru ($2.72k), and Mexico ($2.7k).

In 2022, Chile imported $1.95M in Iron Sewing Needles, mainly from China ($1.46M), United States ($227k), India ($47.8k), Chinese Taipei ($35k), and Japan ($35k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Bolivia$31.5k (258%)
Indonesia$6.14k (1%)
Colombia$5.48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY Chile WERE (2021 - 2022):
Peru-$1.56k (-36.5%)
Ecuador-$424 (-100%)
South Africa-$310 (-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 Iron Sewing Needles were:
China $164M
Japan $21.4M
United States $19.9M
In 2022, Chile's main importing competitors in Iron Sewing Needles were:
United States $49.2M
Indonesia $25.8M
Malaysia $22.4M

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Trade Value of Iron Sewing Needles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $5.49k
TOP IMPORT POTENTIALIndia+ $31.7k

Iron Sewing Needles’s highest export potential is Indonesia. With an export gap of $5.49k.   Iron Sewing Needles’s highest import potential is India with an import gap of $31.7k.

See methodology.

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