Scrap Copper in Chile 2021 Exports | Imports : $172M | $69.2M, World Rnk 35 / 198 Rnk 54 / 1125 | World Rnk 39 / 144 Rnk 236 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $42.5M | $14.1M, China | United States
2021 ECONOMIC COMPLEXITY of Chile: -0.22, Rnk 74 / 131
2021 PRODUCT COMPLEXITY IN Scrap Copper: -0.97, Rnk 826 / 1029
Exports In 2021, Chile exported $172M in Scrap Copper, making it the 35th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 54th most exported product in Chile. The main destination of Scrap Copper exports from Chile are: China ($50.1M), South Korea ($46.4M), Russia ($32.6M), Cambodia ($7.2M), and Spain ($5.37M).
The fastest growing export markets for Scrap Copper of Chile between 2020 and 2021 were China ($42.5M), South Korea ($13.3M), and Russia ($13.1M).
Imports In 2021, Chile imported $69.2M in Scrap Copper, becoming the 39th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 236th most imported product in Chile. Chile imports Scrap Copper primarily from: United States ($26.7M), Colombia ($16.2M), Mexico ($9.84M), Peru ($7.78M), and Costa Rica ($2.91M).
The fastest growing import markets in Scrap Copper for Chile between 2020 and 2021 were United States ($14.1M), Colombia ($7.07M), and Mexico ($6.87M).
Tariffs In 2018, the average tariff for Chile in Scrap Copper was 3.46%. The countries with the highest import tariffs for Scrap 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%).
February 2023
Overview In February 2023 Chile's Scrap Copper exports accounted up to $9.43M and imports accounted up to $161k, resulting in a positive trade balance of $9.27M. Between February 2022 and February 2023 the exports of Chile's Scrap Copper have decreased by $-580k (-5.79%) from $10M to $9.43M, while imports decreased by $-1.06M (-86.9%) from $1.22M to $161k.
Destinations In February 2023, Scrap Copper were exported mostly to China ($5.84M), South Korea ($2.36M), Spain ($329k), Malaysia ($266k), and Thailand ($204k), and were imported mostly from Peru ($161k).
Growth In February 2023, the decrease in Scrap Copper's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-189k or -28.1%). In February 2023, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (February 2022 - February 2023): $-580k, (-5.79%)
IMPORT GROWTH (December 2021 - February 2023): $-1.06M, (-86.9%)
MAIN EXPORTER (February 2023): Iquique, $3.29M
MAIN DESTINATION (February 2023): China, $5.84M
This section shows Scrap 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 Scrap Copper over time.
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EXPORTS (2021): $172M
IMPORTS (2021): $69.2M
NET TRADE (2021): $103M
In 2021, Chile exported $172M in Scrap Copper. The main destinations of Chile exports on Scrap Copper were China ($50.1M), South Korea ($46.4M), Russia ($32.6M), Cambodia ($7.2M), and Spain ($5.37M).
In 2021, Chile imported $69.2M in Scrap Copper, mainly from United States ($26.7M), Colombia ($16.2M), Mexico ($9.84M), Peru ($7.78M), and Costa Rica ($2.91M).
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Chile WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Chile WERE (2020 - 2021):
In 2021, Chile's main exporting competitors in Scrap Copper were:
In 2021, Chile's main importing competitors in Scrap Copper were:
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