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2022
Exports $587MWorld Rnk 1 / 109
Flag Rnk 24 / 1142
2022
Destination $87.8M Netherlands
2021 - 2022
FASTEST GROWING MARKET $87.8MNetherlands
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.15Rnk 597 / 1025
2022
Imports $7.53MWorld Rnk 40 / 183
Flag Rnk 641 / 1203
2022
Origin $891k China
2021 - 2022
FASTEST GROWING ORIGIN $891kChile
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $587M in Nitrites and Nitrates, making it the 1st largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 24th most exported product in Chile. The main destination of Nitrites and Nitrates exports from Chile are: Netherlands ($176M), Spain ($99.1M), United States ($94.2M), Peru ($65.2M), and South Africa ($26.4M).

The fastest growing export markets for Nitrites and Nitrates of Chile between 2021 and 2022 were Netherlands ($87.8M), Peru ($47.8M), and Spain ($35.7M).

Imports In 2022, Chile imported $7.53M in Nitrites and Nitrates, becoming the 40th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 641st most imported product in Chile. Chile imports Nitrites and Nitrates primarily from: China ($4.69M), Chile ($891k), United States ($755k), Russia ($470k), and Germany ($409k).

The fastest growing import markets in Nitrites and Nitrates for Chile between 2021 and 2022 were Chile ($891k), United States ($728k), and Russia ($191k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Nitrites and Nitrates exports accounted up to $22.5M and imports accounted up to $129k, resulting in a positive trade balance of $22.4M. Between August 2023 and August 2024 the exports of Chile's   Nitrites and Nitrates have increased by $1.56M (7.45%) from $20.9M to $22.5M, while imports decreased by $-794k (-86%) from $923k to $129k.

Destinations In August 2024, Nitrites and Nitrates were exported mostly to South Africa ($8.04M), United States ($5.29M), Ecuador ($2.06M), Peru ($1.55M), and Spain ($1.42M), and were imported mostly from Switzerland ($78.7k), Spain ($36.5k), Heard Island and McDonald Islands ($11.8k), Germany ($2k), and United States ($234).

Growth In August 2024, the increase in Nitrites and Nitrates's year-by-year exports was explained primarily by an increase in exports to United States ($9.01M or 9.98k%) and Japan ($250k or 395%). In August 2024, the decrease in Nitrites and Nitrates's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-1.26M or -57.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.56M(7.45%)
IMPORT GROWTH (August 2023 - August 2024)$-794k(-86%)
MAIN EXPORTER (August 2024)Las Condes$61.2M
MAIN DESTINATION (August 2024)South Africa$8.04M

This section shows Nitrites and Nitrates'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 Nitrites and Nitrates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$587M
IMPORTS (2022)$7.53M
NET TRADE (2022)$579M

In 2022, Chile exported $587M in Nitrites and Nitrates. The main destinations of Chile exports on Nitrites and Nitrates were Netherlands ($176M), Spain ($99.1M), United States ($94.2M), Peru ($65.2M), and South Africa ($26.4M).

In 2022, Chile imported $7.53M in Nitrites and Nitrates, mainly from China ($4.69M), Chile ($891k), United States ($755k), Russia ($470k), and Germany ($409k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Netherlands$87.8M (99.5%)
Peru$47.8M (274%)
Spain$35.7M (56.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Chile WERE (2021 - 2022):
United Arab Emirates-$12.7M (-37.9%)
Italy-$5.05M (-84.7%)
Russia-$3.82M (-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 Nitrites and Nitrates were:
China $269M
Israel $187M
In 2022, Chile's main importing competitors in Nitrites and Nitrates were:
Netherlands $269M
Spain $201M
United States $160M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.56M
TOP IMPORT POTENTIALGermany+ $79.5k

Nitrites and Nitrates’s highest export potential is Germany. With an export gap of $1.56M.   Nitrites and Nitrates’s highest import potential is Germany with an import gap of $79.5k.

See methodology.

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