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2022
Exports $9.3MWorld Rnk 52 / 186
Flag Rnk 252 / 1142
2022
Destination $986k New Zealand
2021 - 2022
FASTEST GROWING MARKET $986kItaly
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils-0.9Rnk 810 / 1025
2022
Imports $15.1MWorld Rnk 52 / 221
Flag Rnk 512 / 1203
2022
Origin $5.08M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.08MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $9.3M in Other Pure Vegetable Oils, making it the 52nd largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 252nd most exported product in Chile. The main destination of Other Pure Vegetable Oils exports from Chile are: New Zealand ($2.07M), United States ($1.74M), Spain ($1.22M), Italy ($1.03M), and Japan ($522k).

The fastest growing export markets for Other Pure Vegetable Oils of Chile between 2021 and 2022 were Italy ($986k), New Zealand ($942k), and Chinese Taipei ($228k).

Imports In 2022, Chile imported $15.1M in Other Pure Vegetable Oils, becoming the 52nd largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 512th most imported product in Chile. Chile imports Other Pure Vegetable Oils primarily from: United States ($5.99M), Argentina ($2.69M), Belgium ($2.66M), India ($525k), and Paraguay ($500k).

The fastest growing import markets in Other Pure Vegetable Oils for Chile between 2021 and 2022 were United States ($5.08M), Belgium ($2.32M), and Argentina ($689k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Other Pure Vegetable Oils exports accounted up to $498k and imports accounted up to $78.8k, resulting in a positive trade balance of $419k. Between August 2023 and August 2024 the exports of Chile's   Other Pure Vegetable Oils have increased by $287k (137%) from $210k to $498k, while imports decreased by $-162k (-67.3%) from $241k to $78.8k.

Destinations In August 2024, Other Pure Vegetable Oils were exported mostly to United States ($177k), Spain ($126k), Brazil ($45.2k), Canada ($41.6k), and Italy ($30.9k), and were imported mostly from Switzerland ($46.1k), Germany ($15.6k), Peru ($9.27k), United States ($6.84k), and Spain ($937).

Growth In August 2024, the increase in Other Pure Vegetable Oils's year-by-year exports was explained primarily by an increase in exports to Spain ($37k or 17.1%) and Canada ($14.2k or 59.9%). In August 2024, the decrease in Other Pure Vegetable Oils's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-25.2k or -27.8%) and Brazil ($-13.1k or -28.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$287k(137%)
IMPORT GROWTH (August 2023 - August 2024)$-162k(-67.3%)
MAIN EXPORTER (August 2024)Arica$796k
MAIN DESTINATION (August 2024)United States$177k

This section shows Other Pure Vegetable Oils'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 Other Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.3M
IMPORTS (2022)$15.1M
NET TRADE (2022)-$5.83M

In 2022, Chile exported $9.3M in Other Pure Vegetable Oils. The main destinations of Chile exports on Other Pure Vegetable Oils were New Zealand ($2.07M), United States ($1.74M), Spain ($1.22M), Italy ($1.03M), and Japan ($522k).

In 2022, Chile imported $15.1M in Other Pure Vegetable Oils, mainly from United States ($5.99M), Argentina ($2.69M), Belgium ($2.66M), India ($525k), and Paraguay ($500k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Italy$986k (2.47k%)
New Zealand$942k (83.7%)
Chinese Taipei$228k (644%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Chile WERE (2021 - 2022):
Spain-$1.37M (-53%)
Canada-$1.09M (-76.9%)
Australia-$379k (-70.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Other Pure Vegetable Oils were:
India $1.28B
United States $905M
Mexico $308M
In 2022, Chile's main importing competitors in Other Pure Vegetable Oils were:
United States $868M
China $620M
Kuwait $416M

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.18M
TOP IMPORT POTENTIALIndia+ $723k

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $1.18M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $723k.

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