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2022
Exports $731kWorld Rnk 65 / 144
Flag Rnk 599 / 1142
2022
Destination $121k Bolivia
2021 - 2022
FASTEST GROWING MARKET $121kPeru
2022
PRODUCT COMPLEXITY IN Locomotive Parts0.82Rnk 237 / 1025
2022
Imports $23.8MWorld Rnk 46 / 200
Flag Rnk 420 / 1203
2022
Origin $2.73M China
2021 - 2022
FASTEST GROWING ORIGIN $2.73MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $731k in Locomotive Parts, making it the 65th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 599th most exported product in Chile. The main destination of Locomotive Parts exports from Chile are: Bolivia ($320k), Peru ($263k), France ($47.4k), China ($40k), and Canada ($20.5k).

The fastest growing export markets for Locomotive Parts of Chile between 2021 and 2022 were Peru ($121k), Canada ($20.5k), and France ($12.9k).

Imports In 2022, Chile imported $23.8M in Locomotive Parts, becoming the 46th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 420th most imported product in Chile. Chile imports Locomotive Parts primarily from: China ($6.94M), Spain ($4.5M), United States ($3.7M), Brazil ($1.92M), and Germany ($1.12M).

The fastest growing import markets in Locomotive Parts for Chile between 2021 and 2022 were China ($2.73M), Spain ($859k), and Canada ($603k).

Latest Trends

September 2024

About

Overview In September 2024 Chile's Locomotive Parts exports accounted up to $139k and imports accounted up to $651k, resulting in a negative trade balance of $512k. Between June 2023 and September 2024 the exports of Chile's   Locomotive Parts have increased by $100k (259%) from $38.6k to $139k, while imports decreased by $-8.49k (-1.29%) from $659k to $651k.

Destinations In September 2024, Locomotive Parts were exported mostly to , and were imported mostly from Brazil ($270k), United States ($131k), France ($98.4k), United Kingdom ($42.1k), and Germany ($41.2k).

Growth In September 2024, the increase in Locomotive Parts's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Locomotive Parts's year-by-year imports was explained primarily by a decrease in imports from United States ($-521k or -60.4%), Brazil ($-130k or -80.1%), and Argentina ($-10.6k or -68.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - September 2024)$100k(259%)
IMPORT GROWTH (October 2023 - October 2024)$-8.49k(-1.29%)
MAIN EXPORTER (September 2024)San Bernardo$138k
MAIN DESTINATION (September 2024)

This section shows Locomotive Parts'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 Locomotive Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$731k
IMPORTS (2022)$23.8M
NET TRADE (2022)-$23.1M

In 2022, Chile exported $731k in Locomotive Parts. The main destinations of Chile exports on Locomotive Parts were Bolivia ($320k), Peru ($263k), France ($47.4k), China ($40k), and Canada ($20.5k).

In 2022, Chile imported $23.8M in Locomotive Parts, mainly from China ($6.94M), Spain ($4.5M), United States ($3.7M), Brazil ($1.92M), and Germany ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$121k (85.7%)
Canada$20.5k (1%)
France$12.9k (37.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Chile WERE (2021 - 2022):
China-$269k (-87.1%)
Bolivia-$73.8k (-18.7%)
Italy-$63.5k (-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 Locomotive Parts were:
Germany $1.71B
United States $1.59B
China $1.58B
In 2022, Chile's main importing competitors in Locomotive Parts were:
Germany $1.61B
Mexico $1.05B
United States $998M

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $82.5k
TOP IMPORT POTENTIALChina+ $1.38M

Locomotive Parts’s highest export potential is China. With an export gap of $82.5k.   Locomotive Parts’s highest import potential is China with an import gap of $1.38M.

See methodology.

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