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2022
Exports $136MWorld Rnk 4 / 158
Flag Rnk 61 / 1142
2022
Destination $6.9M Colombia
2021 - 2022
FASTEST GROWING MARKET $6.9MVenezuela
2022
PRODUCT COMPLEXITY IN Processed Cereals-0.77Rnk 775 / 1025
2022
Imports $40.4MWorld Rnk 15 / 218
Flag Rnk 340 / 1203
2022
Origin $13.8M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $13.8MArgentina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $136M in Processed Cereals, making it the 4th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 61st most exported product in Chile. The main destination of Processed Cereals exports from Chile are: Colombia ($23.4M), Peru ($18.5M), Guatemala ($18.4M), Ecuador ($14.4M), and Venezuela ($13.9M).

The fastest growing export markets for Processed Cereals of Chile between 2021 and 2022 were Venezuela ($6.9M), Mexico ($5.29M), and Guatemala ($4.18M).

Imports In 2022, Chile imported $40.4M in Processed Cereals, becoming the 15th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 340th most imported product in Chile. Chile imports Processed Cereals primarily from: Argentina ($39.6M), United States ($280k), Peru ($212k), Colombia ($113k), and Paraguay ($60.7k).

The fastest growing import markets in Processed Cereals for Chile between 2021 and 2022 were Argentina ($13.8M), Peru ($93.2k), and Paraguay ($60.7k).

Latest Trends

October 2024

About

Overview In October 2024 Chile's Processed Cereals exports accounted up to $14.5M and imports accounted up to $526k, resulting in a positive trade balance of $14M. Between October 2023 and October 2024 the exports of Chile's   Processed Cereals have decreased by $-152k (-1.03%) from $14.7M to $14.5M, while imports increased by $119k (29.1%) from $408k to $526k.

Destinations In October 2024, Processed Cereals were exported mostly to Colombia ($3.01M), Peru ($2.17M), Venezuela ($1.68M), Guatemala ($1.34M), and India ($1.24M), and were imported mostly from Argentina ($411k), United States ($94.5k), Uruguay ($20.6k), and Bolivia ($232).

Growth In October 2024, the decrease in Processed Cereals's year-by-year exports was explained primarily by a decrease in exports to Venezuela ($-293k or -47.1%), Bolivia ($-39k or -19.7%), and Thailand ($-18.5k or -35.3%). In October 2024, the increase in Processed Cereals's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-152k(-1.03%)
IMPORT GROWTH (October 2023 - October 2024)$119k(29.1%)
MAIN EXPORTER (October 2024)Padre Las Casas$9.13M
MAIN DESTINATION (October 2024)Colombia$3.01M

This section shows Processed Cereals'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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$40.4M
NET TRADE (2022)$95.5M

In 2022, Chile exported $136M in Processed Cereals. The main destinations of Chile exports on Processed Cereals were Colombia ($23.4M), Peru ($18.5M), Guatemala ($18.4M), Ecuador ($14.4M), and Venezuela ($13.9M).

In 2022, Chile imported $40.4M in Processed Cereals, mainly from Argentina ($39.6M), United States ($280k), Peru ($212k), Colombia ($113k), and Paraguay ($60.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Venezuela$6.9M (98.1%)
Mexico$5.29M (292%)
Guatemala$4.18M (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Chile WERE (2021 - 2022):
Colombia-$3.16M (-11.9%)
Dominican Republic-$2.18M (-21.8%)
Nicaragua-$1.94M (-32.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Processed Cereals were:
Canada $502M
Germany $183M
United States $168M
In 2022, Chile's main importing competitors in Processed Cereals were:
United States $597M
Germany $131M
China $127M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.47M
TOP IMPORT POTENTIALUnited States+ $349k

Processed Cereals’s highest export potential is United States. With an export gap of $4.47M.   Processed Cereals’s highest import potential is United States with an import gap of $349k.

See methodology.

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