NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $1.35BWorld Rnk 59 / 214
Flag Rnk 14 / 1133
2023
Destination $410M Bolivia
2022 - 2023
FASTEST GROWING MARKET $410MBolivia
2023
PRODUCT COMPLEXITY IN Refined Petroleum-0.94Rnk 813 / 1025
2023
Imports $7.98BWorld Rnk 29 / 226
Flag Rnk 1 / 1199
2023
Origin $80.1M United States
2022 - 2023
FASTEST GROWING ORIGIN $80.1MChina
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $1.35B in Refined Petroleum, making it the 59th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 14th most exported product in Chile. The main destination of Refined Petroleum exports from Chile are: Bolivia ($787M), United States ($486M), Panama ($56.5M), Singapore ($5.88M), and Peru ($5.23M).

The fastest growing export markets for Refined Petroleum of Chile between 2022 and 2023 were Bolivia ($410M), United States ($349M), and Netherlands ($2.63M).

Imports In 2023, Chile imported $7.98B in Refined Petroleum, becoming the 29th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Chile. Chile imports Refined Petroleum primarily from: United States ($6.77B), Japan ($663M), South Korea ($151M), Peru ($99.4M), and China ($81.4M).

The fastest growing import markets in Refined Petroleum for Chile between 2022 and 2023 were China ($80.1M), Spain ($38.4M), and South Korea ($36.8M).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (1) were at the forefront of shipping Refined Petroleum from Chile to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Chile's Refined Petroleum exports accounted up to $39M and imports accounted up to $16M, resulting in a positive trade balance of $23M. Between November 2023 and November 2024 the exports of Chile's   Refined Petroleum have decreased by $-43M (-52.4%) from $82M to $39M, while imports increased by $5.25M (48.7%) from $10.8M to $16M.

Destinations In November 2024, Refined Petroleum were exported mostly to United States ($28.4M), Bolivia ($9.2M), Brazil ($392k), Peru ($334k), and Colombia ($226k), and were imported mostly from France ($5.27M), Spain ($2.64M), Chile ($2.57M), United States ($2.29M), and Germany ($825k).

Growth In November 2024, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-132k or -71%), Peru ($-85.5k or -22.6%), and Paraguay ($-51.3k or -28%). In November 2024, the increase in Refined Petroleum's year-by-year imports was explained primarily by an increase in imports from Argentina ($287k or 54.2%), Spain ($223k or 1.02k%), and Sweden ($168k or 692%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-43M(-52.4%)
IMPORT GROWTH (November 2023 - November 2024)$5.25M(48.7%)
MAIN EXPORTER (November 2024)Las Condes$62.4M
MAIN DESTINATION (November 2024)United States$28.4M

This section shows Refined Petroleum'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 Refined Petroleum over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.35B
IMPORTS (2023)$7.98B
NET TRADE (2023)-$6.63B

In 2023, Chile exported $1.35B in Refined Petroleum. The main destinations of Chile exports on Refined Petroleum were Bolivia ($787M), United States ($486M), Panama ($56.5M), Singapore ($5.88M), and Peru ($5.23M).

In 2023, Chile imported $7.98B in Refined Petroleum, mainly from United States ($6.77B), Japan ($663M), South Korea ($151M), Peru ($99.4M), and China ($81.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Bolivia$410M (109%)
United States$349M (254%)
Netherlands$2.63M (101k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Chile WERE (2022 - 2023):
Singapore-$79.1M (-93.1%)
Panama-$67.3M (-54.4%)
Malaysia-$9.71M (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Refined Petroleum were:
United States $107B
Singapore $55.9B
India $55.8B
In 2023, Chile's main importing competitors in Refined Petroleum were:
United States $68.8B
Singapore $55.7B
Australia $35.3B

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $128M
TOP IMPORT POTENTIALBrazil+ $107M

Refined Petroleum’s highest export potential is United States. With an export gap of $128M.   Refined Petroleum’s highest import potential is Brazil with an import gap of $107M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms