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2018
Exports $5.32MWorld Rnk 51 / 195
Flag Rnk 322 / 1142
2018
Destination $222k Peru
2021 - 2022
FASTEST GROWING MARKET $222kColombia
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2018
Imports $77.1MWorld Rnk 38 / 224
Flag Rnk 210 / 1203
2018
Origin $10.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.2MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2018, Chile exported $5.32M in Lubricating Products, making it the 51st largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 322nd most exported product in Chile. The main destination of Lubricating Products exports from Chile are: Peru ($4.45M), Colombia ($318k), Bolivia ($131k), Paraguay ($119k), and Uruguay ($91.6k).

The fastest growing export markets for Lubricating Products of Chile between 2021 and 2022 were Colombia ($222k), Paraguay ($93k), and Bolivia ($69.3k).

Imports In 2022, Chile imported $77.1M in Lubricating Products, becoming the 38th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 210th most imported product in Chile. Chile imports Lubricating Products primarily from: United States ($44.1M), France ($9.29M), Germany ($6.47M), Brazil ($3.81M), and Belgium ($2.65M).

The fastest growing import markets in Lubricating Products for Chile between 2021 and 2022 were United States ($10.2M), France ($3.04M), and Belgium ($1.12M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Lubricating Products exports accounted up to $148k and imports accounted up to $3.5M, resulting in a negative trade balance of $3.35M. Between June 2023 and June 2024 the exports of Chile's   Lubricating Products have increased by $63.9k (75.7%) from $84.4k to $148k, while imports decreased by $-2.34M (-40.1%) from $5.84M to $3.5M.

Destinations In June 2024, Lubricating Products were exported mostly to Argentina ($89.3k), China ($18.2k), India ($13.4k), Peru ($9.03k), and Colombia ($8.15k), and were imported mostly from Germany ($828k), Liechtenstein ($693k), United States ($555k), Ireland ($387k), and Hong Kong ($380k).

Growth In June 2024, the increase in Lubricating Products's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Lubricating Products's year-by-year imports was explained primarily by a decrease in imports from Ireland ($-282k or -97.6%), United States ($-180k or -11.8%), and Belgium ($-167k or -62.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$63.9k(75.7%)
IMPORT GROWTH (June 2023 - June 2024)$-2.34M(-40.1%)
MAIN EXPORTER (June 2024)Las Condes$121k
MAIN DESTINATION (June 2024)Argentina$89.3k

This section shows Lubricating Products'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 Lubricating Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.32M
IMPORTS (2022)$77.1M
NET TRADE (2022)-$71.7M

In 2022, Chile exported $5.32M in Lubricating Products. The main destinations of Chile exports on Lubricating Products were Peru ($4.45M), Colombia ($318k), Bolivia ($131k), Paraguay ($119k), and Uruguay ($91.6k).

In 2022, Chile imported $77.1M in Lubricating Products, mainly from United States ($44.1M), France ($9.29M), Germany ($6.47M), Brazil ($3.81M), and Belgium ($2.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Colombia$222k (230%)
Paraguay$93k (352%)
Bolivia$69.3k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Chile WERE (2021 - 2022):
Peru-$978k (-18%)
Argentina-$39.8k (-57%)
Ecuador-$36.6k (-55.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Chile's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $161k
TOP IMPORT POTENTIALGermany+ $2.49M

Lubricating Products’s highest export potential is Mexico. With an export gap of $161k.   Lubricating Products’s highest import potential is Germany with an import gap of $2.49M.

See methodology.

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