Motor vehicles; parts and accessories (8701 to 8705) in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $120M in Motor vehicles; parts and accessories (8701 to 8705), making it the 56th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 68th most exported product in Chile. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Chile are: Brazil ($40.3M), Argentina ($18.8M), United States ($18.4M), Colombia ($15M), and Bolivia ($8.93M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Chile between 2021 and 2022 were Argentina ($5.1M), United States ($3.97M), and Colombia ($3.56M).

Imports In 2022, Chile imported $746M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 49th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 16th most imported product in Chile. Chile imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($223M), United States ($151M), South Korea ($77.7M), Brazil ($51.7M), and Japan ($33M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Chile between 2021 and 2022 were China ($23.9M), United States ($13.3M), and Japan ($9.08M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to $18.2M and imports accounted up to $149M, resulting in a negative trade balance of $130M. Between August 2023 and August 2024 the exports of Chile's Motor vehicles; parts and accessories (8701 to 8705) have increased by $7.62M (72%) from $10.6M to $18.2M, while imports increased by $60.4M (68.4%) from $88.3M to $149M.

Destinations In August 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Brazil ($5.35M), United States ($3.57M), Mexico ($3.46M), Colombia ($2.88M), and Argentina ($1.71M), and were imported mostly from Chile ($50.6M), United States ($35.4M), Brazil ($28.3M), Switzerland ($9.2M), and Germany ($3.4M).

Growth In August 2024, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by an increase in exports to N/A. In August 2024, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by an increase in imports from Brazil ($12M or 55.5%), Italy ($653k or 86.5%), and Belgium ($622k or 63.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)$7.62M(72%)

IMPORT GROWTH (August 2023 - August 2024)$60.4M(68.4%)

MAIN EXPORTER (August 2024)Los Andes$13M

MAIN DESTINATION (August 2024)Brazil$5.35M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

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