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2023
Exports $2.07MWorld Rnk 52 / 117
Flag Rnk 437 / 1133
2023
Destination $1.03M Colombia
2022 - 2023
FASTEST GROWING MARKET $1.03MColombia
2023
PRODUCT COMPLEXITY IN Rapeseed Oil0.16Rnk 502 / 1025
2023
Imports $82.9MWorld Rnk 22 / 209
Flag Rnk 178 / 1199
2023
Origin $24.4M Paraguay
2022 - 2023
FASTEST GROWING ORIGIN $24.4MUruguay
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $2.07M in Rapeseed Oil, making it the 52nd largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 437th most exported product in Chile. The main destination of Rapeseed Oil exports from Chile are: Colombia ($1.03M), United States ($975k), Brazil ($60.1k), and Peru ($1.26k).

The fastest growing export markets for Rapeseed Oil of Chile between 2022 and 2023 were Colombia ($1.03M) and Brazil ($60.1k).

Imports In 2023, Chile imported $82.9M in Rapeseed Oil, becoming the 22nd largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 178th most imported product in Chile. Chile imports Rapeseed Oil primarily from: Paraguay ($37.8M), Uruguay ($37.6M), United States ($3.03M), Argentina ($2.2M), and Brazil ($1.13M).

The fastest growing import markets in Rapeseed Oil for Chile between 2022 and 2023 were Uruguay ($24.4M), Paraguay ($19.4M), and Argentina ($1.76M).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Rapeseed Oil exports accounted up to $198k and imports accounted up to $122k, resulting in a positive trade balance of $75.8k. Between November 2023 and November 2024 the exports of Chile's   Rapeseed Oil have decreased by $-57.9k (-22.7%) from $255k to $198k, while imports decreased by $-7.3k (-5.66%) from $129k to $122k.

Destinations In November 2024, Rapeseed Oil were exported mostly to Colombia ($198k), and were imported mostly from .

Growth In November 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Rapeseed Oil's year-by-year imports was explained primarily by a decrease in imports from United States ($-208k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-57.9k(-22.7%)
IMPORT GROWTH (September 2023 - October 2024)$-7.3k(-5.66%)
MAIN EXPORTER (November 2024)Padre Las Casas$1.16M
MAIN DESTINATION (November 2024)Colombia$198k

This section shows Rapeseed 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 Rapeseed Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.07M
IMPORTS (2023)$82.9M
NET TRADE (2023)-$80.8M

In 2023, Chile exported $2.07M in Rapeseed Oil. The main destinations of Chile exports on Rapeseed Oil were Colombia ($1.03M), United States ($975k), Brazil ($60.1k), and Peru ($1.26k).

In 2023, Chile imported $82.9M in Rapeseed Oil, mainly from Paraguay ($37.8M), Uruguay ($37.6M), United States ($3.03M), Argentina ($2.2M), and Brazil ($1.13M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Colombia$1.03M (1%)
Brazil$60.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Chile WERE (2022 - 2023):
Argentina-$1.06M (-100%)
United States-$414k (-29.8%)
Peru-$216k (-99.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Chile's main importing competitors in Rapeseed Oil were:
United States $4.91B
China $2.6B
Netherlands $1.13B

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.99M
TOP IMPORT POTENTIALAustralia+ $357k

Rapeseed Oil’s highest export potential is United States. With an export gap of $1.99M.   Rapeseed Oil’s highest import potential is Australia with an import gap of $357k.

See methodology.

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