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2023
Exports $150MWorld Rnk 15 / 128
Flag Rnk 60 / 1133
2023
Destination $1.62M Brazil
2022 - 2023
FASTEST GROWING MARKET $1.62MArgentina
2023
PRODUCT COMPLEXITY IN Potassic Fertilizers-1.12Rnk 857 / 1025
2023
Imports $39.8MWorld Rnk 53 / 191
Flag Rnk 302 / 1199
2023
Origin $10.1M Germany
2022 - 2023
FASTEST GROWING ORIGIN $10.1MGermany
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $150M in Potassic Fertilizers, making it the 15th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 60th most exported product in Chile. The main destination of Potassic Fertilizers exports from Chile are: Brazil ($50.5M), South Africa ($25.7M), Mexico ($18.8M), Netherlands ($12.4M), and Ecuador ($12M).

The fastest growing export markets for Potassic Fertilizers of Chile between 2022 and 2023 were Argentina ($1.62M), El Salvador ($973k), and Nigeria ($894k).

Imports In 2023, Chile imported $39.8M in Potassic Fertilizers, becoming the 53rd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 302nd most imported product in Chile. Chile imports Potassic Fertilizers primarily from: Germany ($13.5M), Bolivia ($6.54M), China ($5.2M), United States ($4.68M), and Belgium ($4.35M).

The fastest growing import markets in Potassic Fertilizers for Chile between 2022 and 2023 were Germany ($10.1M), China ($2.29M), and Bolivia ($893k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Potassic Fertilizers exports accounted up to $4.39M and imports accounted up to $704k, resulting in a positive trade balance of $3.68M. Between November 2023 and November 2024 the exports of Chile's   Potassic Fertilizers have decreased by $-3.62M (-45.2%) from $8M to $4.39M, while imports increased by $619k (731%) from $84.7k to $704k.

Destinations In November 2024, Potassic Fertilizers were exported mostly to Ecuador ($2.02M), Heard Island and McDonald Islands ($1.31M), Peru ($432k), Mexico ($258k), and United States ($170k), and were imported mostly from China ($434k), Switzerland ($168k), Germany ($52.5k), Canada ($24.1k), and Czechia ($15.3k).

Growth In November 2024, the decrease in Potassic Fertilizers's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-45.7M or -98.6%) and Peru ($-50.6k or -44.5%). In November 2024, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from Germany ($129k or 214%), Switzerland ($66.1k or 40.3%), and United States ($5.11k or 148%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-3.62M(-45.2%)
IMPORT GROWTH (November 2023 - November 2024)$619k(731%)
MAIN EXPORTER (November 2024)Las Condes$15.1M
MAIN DESTINATION (November 2024)Ecuador$2.02M

This section shows Potassic Fertilizers'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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$150M
IMPORTS (2023)$39.8M
NET TRADE (2023)$110M

In 2023, Chile exported $150M in Potassic Fertilizers. The main destinations of Chile exports on Potassic Fertilizers were Brazil ($50.5M), South Africa ($25.7M), Mexico ($18.8M), Netherlands ($12.4M), and Ecuador ($12M).

In 2023, Chile imported $39.8M in Potassic Fertilizers, mainly from Germany ($13.5M), Bolivia ($6.54M), China ($5.2M), United States ($4.68M), and Belgium ($4.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Argentina$1.62M (2.09k%)
El Salvador$973k (1%)
Nigeria$894k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Chile WERE (2022 - 2023):
Brazil-$221M (-81.4%)
South Africa-$79.6M (-75.6%)
Mexico-$30.8M (-62.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Potassic Fertilizers were:
Canada $9.44B
Russia $4.3B
Belarus $2.01B
In 2023, Chile's main importing competitors in Potassic Fertilizers were:
Brazil $5.65B
China $4.94B
United States $4.28B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.1M
TOP IMPORT POTENTIALCanada+ $5.38M

Potassic Fertilizers’s highest export potential is United States. With an export gap of $18.1M.   Potassic Fertilizers’s highest import potential is Canada with an import gap of $5.38M.

See methodology.

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