2023
Exports
$692kWorld Rnk 80 / 150
Flag Rnk 594 / 1133
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$144MWorld Rnk 24 / 216
Flag Rnk 120 / 1199
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $692k in Seed Oils, making it the 80th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 594th most exported product in Chile. The main destination of Seed Oils exports from Chile are: Ecuador ($329k), Argentina ($269k), Portugal ($93.5k), Singapore ($236), and Belgium ($6).

The fastest growing export markets for Seed Oils of Chile between 2022 and 2023 were Ecuador ($329k), Portugal ($93.5k), and Argentina ($24.3k).

Imports In 2023, Chile imported $144M in Seed Oils, becoming the 24th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 120th most imported product in Chile. Chile imports Seed Oils primarily from: Argentina ($139M), Spain ($2.54M), Bolivia ($1.43M), Portugal ($266k), and Paraguay ($168k).

The fastest growing import markets in Seed Oils for Chile between 2022 and 2023 were Bolivia ($333k), Portugal ($266k), and Spain ($89.1k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2022 - November 2024)$6.38k(2.13k%)
IMPORT GROWTH (November 2023 - November 2024)$-385k(-35.4%)
MAIN EXPORTER (November 2024)Cerrillos$345k
MAIN DESTINATION (November 2024)Ecuador$6.68k

This section shows Seed Oils'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 Seed Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$692k
IMPORTS (2023)$144M
NET TRADE (2023)-$143M

In 2023, Chile exported $692k in Seed Oils. The main destinations of Chile exports on Seed Oils were Ecuador ($329k), Argentina ($269k), Portugal ($93.5k), Singapore ($236), and Belgium ($6).

In 2023, Chile imported $144M in Seed Oils, mainly from Argentina ($139M), Spain ($2.54M), Bolivia ($1.43M), Portugal ($266k), and Paraguay ($168k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Ecuador$329k (1%)
Portugal$93.5k (1%)
Argentina$24.3k (9.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Chile WERE (2022 - 2023):
Peru-$310k (-100%)
Mexico-$292k (-100%)
Venezuela-$3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Chile's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

Explore Visualizations

Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $66.5k
TOP IMPORT POTENTIALBolivia+ $1.58M

Seed Oils’s highest export potential is Mexico. With an export gap of $66.5k.   Seed Oils’s highest import potential is Bolivia with an import gap of $1.58M.

See methodology.

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