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2022
Exports $523kWorld Rnk 51 / 166
Flag Rnk 646 / 1142
2022
Destination $38k Bolivia
2021 - 2022
FASTEST GROWING MARKET $38kParaguay
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts1.19Rnk 106 / 1025
2022
Imports $7.1MWorld Rnk 33 / 204
Flag Rnk 653 / 1203
2022
Origin $63.1k United States
2021 - 2022
FASTEST GROWING ORIGIN $63.1kArgentina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $523k in Musical Instrument Parts, making it the 51st largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 646th most exported product in Chile. The main destination of Musical Instrument Parts exports from Chile are: Bolivia ($156k), Peru ($154k), Paraguay ($128k), Ecuador ($24.5k), and Netherlands ($11.5k).

The fastest growing export markets for Musical Instrument Parts of Chile between 2021 and 2022 were Paraguay ($38k), Peru ($28.8k), and Ecuador ($24.5k).

Imports In 2022, Chile imported $7.1M in Musical Instrument Parts, becoming the 33rd largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 653rd most imported product in Chile. Chile imports Musical Instrument Parts primarily from: United States ($3.25M), China ($2.24M), Malaysia ($245k), Chinese Taipei ($225k), and Germany ($210k).

The fastest growing import markets in Musical Instrument Parts for Chile between 2021 and 2022 were Argentina ($63.1k), Mexico ($26.3k), and Peru ($22.5k).

Latest Trends

January 2024

About

Overview In January 2024 Chile's Musical Instrument Parts exports accounted up to $8.27k and imports accounted up to $4.04M, resulting in a negative trade balance of $4.04M. Between December 2018 and January 2024 the exports of Chile's   Musical Instrument Parts have increased by $8.24k (28.6k%) from $28.8 to $8.27k, while imports increased by $237k (6.23%) from $3.81M to $4.04M.

Destinations In January 2024, Musical Instrument Parts were exported mostly to , and were imported mostly from Chile ($3.44M), United States ($340k), Singapore ($106k), Germany ($65.1k), and France ($39.1k).

Growth In January 2024, the increase in Musical Instrument Parts's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Musical Instrument Parts's year-by-year imports was explained primarily by an increase in imports from Chile ($691k or 98.3%), Germany ($97.5k or 1.05k%), and Argentina ($51.3k or 720%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2018 - January 2024)$8.24k(28.6k%)
IMPORT GROWTH (June 2023 - June 2024)$237k(6.23%)
MAIN EXPORTER (January 2024)Santiago$8.27k
MAIN DESTINATION (January 2024)

This section shows Musical Instrument 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 Musical Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$523k
IMPORTS (2022)$7.1M
NET TRADE (2022)-$6.58M

In 2022, Chile exported $523k in Musical Instrument Parts. The main destinations of Chile exports on Musical Instrument Parts were Bolivia ($156k), Peru ($154k), Paraguay ($128k), Ecuador ($24.5k), and Netherlands ($11.5k).

In 2022, Chile imported $7.1M in Musical Instrument Parts, mainly from United States ($3.25M), China ($2.24M), Malaysia ($245k), Chinese Taipei ($225k), and Germany ($210k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Paraguay$38k (42.1%)
Peru$28.8k (23%)
Ecuador$24.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Chile WERE (2021 - 2022):
Spain-$19k (-92%)
Austria-$13.7k (-95.6%)
Czechia-$8.98k (-96.3%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Musical Instrument Parts were:
China $367M
United States $290M
Germany $217M
In 2022, Chile's main importing competitors in Musical Instrument Parts were:
United States $309M
Germany $168M
China $160M

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.5k
TOP IMPORT POTENTIALChina+ $217k

Musical Instrument Parts’s highest export potential is United States. With an export gap of $25.5k.   Musical Instrument Parts’s highest import potential is China with an import gap of $217k.

See methodology.

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