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2023
Exports $122MWorld Rnk 9 / 160
Flag Rnk 65 / 1133
2023
Destination $15.4M United States
2022 - 2023
FASTEST GROWING MARKET $15.4MUnited States
2023
PRODUCT COMPLEXITY IN Pure Olive Oil-0.73Rnk 765 / 1025
2023
Imports $8.56MWorld Rnk 65 / 221
Flag Rnk 579 / 1199
2023
Origin $461k Argentina
2022 - 2023
FASTEST GROWING ORIGIN $461kArgentina
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $122M in Pure Olive Oil, making it the 9th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 65th most exported product in Chile. The main destination of Pure Olive Oil exports from Chile are: United States ($40.9M), Brazil ($40.1M), Spain ($19M), Italy ($9.45M), and Portugal ($7.66M).

The fastest growing export markets for Pure Olive Oil of Chile between 2022 and 2023 were United States ($15.4M), Spain ($15M), and Brazil ($10.2M).

Imports In 2023, Chile imported $8.56M in Pure Olive Oil, becoming the 65th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 579th most imported product in Chile. Chile imports Pure Olive Oil primarily from: Argentina ($4.42M), Spain ($2.35M), Italy ($734k), Peru ($548k), and United States ($293k).

The fastest growing import markets in Pure Olive Oil for Chile between 2022 and 2023 were Argentina ($461k), Turkey ($149k), and United States ($8.3k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Pure Olive Oil exports accounted up to $5.94M and imports accounted up to $380k, resulting in a positive trade balance of $5.56M. Between November 2023 and November 2024 the exports of Chile's   Pure Olive Oil have decreased by $-6.24M (-51.2%) from $12.2M to $5.94M, while imports increased by $237k (166%) from $143k to $380k.

Destinations In November 2024, Pure Olive Oil were exported mostly to Brazil ($5.29M), United States ($314k), Paraguay ($131k), Japan ($124k), and Peru ($67.1k), and were imported mostly from Argentina ($176k), Switzerland ($155k), Italy ($31.5k), Turkey ($15k), and Colombia ($1.11k).

Growth In November 2024, the decrease in Pure Olive Oil's year-by-year exports was explained primarily by a decrease in exports to United States ($-2.84M or -85.2%), Argentina ($-104k or -31%), and Canada ($-28k or -27%). In November 2024, the increase in Pure Olive Oil's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-6.24M(-51.2%)
IMPORT GROWTH (November 2023 - November 2024)$237k(166%)
MAIN EXPORTER (November 2024)Melipilla$15.5M
MAIN DESTINATION (November 2024)Brazil$5.29M

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$122M
IMPORTS (2023)$8.56M
NET TRADE (2023)$114M

In 2023, Chile exported $122M in Pure Olive Oil. The main destinations of Chile exports on Pure Olive Oil were United States ($40.9M), Brazil ($40.1M), Spain ($19M), Italy ($9.45M), and Portugal ($7.66M).

In 2023, Chile imported $8.56M in Pure Olive Oil, mainly from Argentina ($4.42M), Spain ($2.35M), Italy ($734k), Peru ($548k), and United States ($293k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$15.4M (60.2%)
Spain$15M (378%)
Brazil$10.2M (34%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Chile WERE (2022 - 2023):
Argentina-$4.75M (-87.3%)
Israel-$307k (-100%)
China-$240k (-68.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Chile's main importing competitors in Pure Olive Oil were:
Italy $2.57B
United States $2.17B
Spain $1.25B

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.19M
TOP IMPORT POTENTIALSpain+ $878k

Pure Olive Oil’s highest export potential is United States. With an export gap of $4.19M.   Pure Olive Oil’s highest import potential is Spain with an import gap of $878k.

See methodology.

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