2023
Exports
$1.56BWorld Rnk 89 / 219
Flag Rnk 10 / 96
2023
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.38Rnk 423 / 1025
2023
Imports
$17BWorld Rnk 31 / 226
Flag Rnk 1 / 96
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $1.56B in Mineral fuels, mineral oils and products of their distillation, making it the 89th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 10th most exported product in Chile. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Chile are: Bolivia ($791M), United States ($495M), Peru ($65.4M), Panama ($60.3M), and India ($19.1M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Chile between 2022 and 2023 were Bolivia ($407M), United States ($317M), and India ($18.5M).

Imports In 2023, Chile imported $17B in Mineral fuels, mineral oils and products of their distillation, becoming the 31st largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Chile. Chile imports Mineral fuels, mineral oils and products of their distillation primarily from: United States ($7.84B), Brazil ($3.62B), Argentina ($1.89B), Ecuador ($755M), and Japan ($663M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Chile between 2022 and 2023 were Argentina ($609M), Trinidad and Tobago ($135M), and China ($76.4M).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (1) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Chile to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-11.5M(-12.1%)
IMPORT GROWTH (November 2023 - November 2024)$5.24M(44.9%)
MAIN EXPORTER (November 2024)Las Condes$62.5M
MAIN DESTINATION (November 2024)United States$28.4M

This section shows Mineral fuels, mineral oils and products of their distillation'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 Mineral fuels, mineral oils and products of their distillation over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.56B
IMPORTS (2023)$17B
NET TRADE (2023)-$15.5B

In 2023, Chile exported $1.56B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Chile exports on Mineral fuels, mineral oils and products of their distillation were Bolivia ($791M), United States ($495M), Peru ($65.4M), Panama ($60.3M), and India ($19.1M).

In 2023, Chile imported $17B in Mineral fuels, mineral oils and products of their distillation, mainly from United States ($7.84B), Brazil ($3.62B), Argentina ($1.89B), Ecuador ($755M), and Japan ($663M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Bolivia$407M (106%)
United States$317M (178%)
India$18.5M (3.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Chile WERE (2022 - 2023):
United Kingdom-$129M (-99.9%)
Chinese Taipei-$85.8M (-100%)
Singapore-$79.1M (-93.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2023, Chile's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $174M
TOP IMPORT POTENTIALSouth Korea+ $101M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is United States. With an export gap of $174M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is South Korea with an import gap of $101M.

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