Raw Copper in Chile 2021 Exports | Imports : $2.55B | $88k, World Rnk 2 / 108 Rnk 4 / 1125 | World Rnk 64 / 150 Rnk 1120 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $376M | $29.4k, China | United States
2021 ECONOMIC COMPLEXITY of Chile: -0.22, Rnk 74 / 131
2021 PRODUCT COMPLEXITY IN Raw Copper: -1.68, Rnk 974 / 1029
Exports In 2021, Chile exported $2.55B in Raw Copper, making it the 2nd largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 4th most exported product in Chile. The main destination of Raw Copper exports from Chile are: China ($1.49B), Canada ($572M), South Korea ($364M), Poland ($39.2M), and Japan ($31.1M).
The fastest growing export markets for Raw Copper of Chile between 2020 and 2021 were China ($376M), Canada ($104M), and South Korea ($49.8M).
Imports In 2021, Chile imported $88k in Raw Copper, becoming the 64th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1120th most imported product in Chile. Chile imports Raw Copper primarily from: United States ($35.4k), Spain ($19.7k), United Kingdom ($11.3k), India ($4.84k), and Finland ($3.47k).
The fastest growing import markets in Raw Copper for Chile between 2020 and 2021 were United States ($29.4k), India ($4.37k), and Finland ($3.47k).
Tariffs In 2018, the average tariff for Chile in Raw Copper was 3.48%. The countries with the highest import tariffs for Raw Copper were Botswana (Most Favoured Nation duty rate treatment, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6%), Cameroon (Most Favoured Nation duty rate treatment, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6%), and Cape Verde (Most Favoured Nation duty rate treatment, 6%).
March 2023
Overview In March 2023 Chile's Raw Copper exports accounted up to $261M and imports accounted up to $33.1k, resulting in a positive trade balance of $261M. Between March 2022 and March 2023 the exports of Chile's Raw Copper have decreased by $-15.4M (-5.59%) from $276M to $261M, while imports increased by $27.5k (489%) from $5.62k to $33.1k.
Destinations In March 2023, Raw Copper were exported mostly to China ($120M), Canada ($86.6M), South Korea ($40M), and Japan ($14.3M), and were imported mostly from Germany ($27.5k) and Spain ($5.65k).
Growth In March 2023, the decrease in Raw Copper's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-39.2M or -49.8%). In March 2023, the increase in Raw Copper's year-by-year imports was explained primarily by an increase in imports from .
EXPORT GROWTH (March 2022 - March 2023): $-15.4M, (-5.59%)
IMPORT GROWTH (August 2021 - March 2023): $27.5k, (489%)
MAIN EXPORTER (March 2023): Antofagasta, $101M
MAIN DESTINATION (March 2023): China, $120M
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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EXPORTS (2021): $2.55B
IMPORTS (2021): $88k
NET TRADE (2021): $2.55B
In 2021, Chile exported $2.55B in Raw Copper. The main destinations of Chile exports on Raw Copper were China ($1.49B), Canada ($572M), South Korea ($364M), Poland ($39.2M), and Japan ($31.1M).
In 2021, Chile imported $88k in Raw Copper, mainly from United States ($35.4k), Spain ($19.7k), United Kingdom ($11.3k), India ($4.84k), and Finland ($3.47k).
THE FASTEST GROWING Raw Copper EXPORT MARKETS FOR Chile WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Copper BY Chile WERE (2020 - 2021):
In 2021, Chile's main exporting competitors in Raw Copper were:
In 2021, Chile's main importing competitors in Raw Copper were:
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