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2022
Exports $2.97BWorld Rnk 2 / 102
Flag Rnk 5 / 1142
2022
Destination $283M China
2021 - 2022
FASTEST GROWING MARKET $283MCanada
2022
PRODUCT COMPLEXITY IN Raw Copper-2.2Rnk 1006 / 1025
2022
Imports $186kWorld Rnk 53 / 152
Flag Rnk 1077 / 1203
2022
Origin $127k China
2021 - 2022
FASTEST GROWING ORIGIN $127kChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $2.97B in Raw Copper, making it the 2nd largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 5th most exported product in Chile. The main destination of Raw Copper exports from Chile are: China ($1.5B), Canada ($855M), South Korea ($369M), Spain ($109M), and Poland ($70.1M).

The fastest growing export markets for Raw Copper of Chile between 2021 and 2022 were Canada ($283M), Spain ($109M), and Germany ($32.4M).

Imports In 2022, Chile imported $186k in Raw Copper, becoming the 53rd largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1077th most imported product in Chile. Chile imports Raw Copper primarily from: China ($130k), Netherlands ($20k), United Kingdom ($12.4k), Spain ($8.47k), and Norway ($6.18k).

The fastest growing import markets in Raw Copper for Chile between 2021 and 2022 were China ($127k), Netherlands ($20k), and Norway ($6.18k).

Latest Trends

September 2024

About

Overview In September 2024 Chile's Raw Copper exports accounted up to $160M and imports accounted up to $176k, resulting in a positive trade balance of $160M. Between September 2023 and September 2024 the exports of Chile's   Raw Copper have increased by $96M (150%) from $63.9M to $160M, while imports increased by $168k (2.11k%) from $7.96k to $176k.

Destinations In September 2024, Raw Copper were exported mostly to China ($101M), India ($42M), and South Korea ($17.2M), and were imported mostly from .

Growth In September 2024, the increase in Raw Copper's year-by-year exports was explained primarily by an increase in exports to South Korea ($17.4M or 44.1%). In August 2024, the increase in Raw Copper's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$96M(150%)
IMPORT GROWTH (January 2023 - August 2024)$168k(2.11k%)
MAIN EXPORTER (September 2024)Antofagasta$123M
MAIN DESTINATION (September 2024)China$101M

This section shows Raw Copper'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 Raw Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.97B
IMPORTS (2022)$186k
NET TRADE (2022)$2.97B

In 2022, Chile exported $2.97B in Raw Copper. The main destinations of Chile exports on Raw Copper were China ($1.5B), Canada ($855M), South Korea ($369M), Spain ($109M), and Poland ($70.1M).

In 2022, Chile imported $186k in Raw Copper, mainly from China ($130k), Netherlands ($20k), United Kingdom ($12.4k), Spain ($8.47k), and Norway ($6.18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Canada$283M (49.4%)
Spain$109M (1%)
Germany$32.4M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY Chile WERE (2021 - 2022):
Japan-$31.2M (-100%)
Brazil-$20M (-100%)
Netherlands-$1.49M (-15.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Raw Copper were:
Zambia $6.6B
Bulgaria $1.43B
In 2022, Chile's main importing competitors in Raw Copper were:
China $6.42B
Switzerland $3.22B
India $2.06B

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Trade Value of Raw Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $17.8M
TOP IMPORT POTENTIALSpain+ $11.6k

Raw Copper’s highest export potential is Germany. With an export gap of $17.8M.   Raw Copper’s highest import potential is Spain with an import gap of $11.6k.

See methodology.

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