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2022
Exports $798kWorld Rnk 83 / 152
Flag Rnk 590 / 1142
2022
Destination $292k Mexico
2021 - 2022
FASTEST GROWING MARKET $292kMexico
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $147MWorld Rnk 31 / 211
Flag Rnk 124 / 1203
2022
Origin $11.2M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $11.2MArgentina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $798k in Seed Oils, making it the 83rd largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 590th most exported product in Chile. The main destination of Seed Oils exports from Chile are: Mexico ($292k), Peru ($253k), Argentina ($250k), Venezuela ($3k), and Netherlands ($90).

The fastest growing export markets for Seed Oils of Chile between 2021 and 2022 were Mexico ($292k), Peru ($246k), and Argentina ($128k).

Imports In 2022, Chile imported $147M in Seed Oils, becoming the 31st largest importer of Seed Oils in the world. At the same year, Seed Oils was the 124th most imported product in Chile. Chile imports Seed Oils primarily from: Argentina ($143M), Spain ($1.9M), Bolivia ($886k), Uruguay ($553k), and Sweden ($481k).

The fastest growing import markets in Seed Oils for Chile between 2021 and 2022 were Argentina ($11.2M), Bolivia ($802k), and Uruguay ($515k).

Latest Trends

July 2024

About

Overview In July 2024 Chile's Seed Oils exports accounted up to $19.2k and imports accounted up to $2.09M, resulting in a negative trade balance of $2.07M. Between October 2021 and July 2024 the exports of Chile's   Seed Oils have increased by $17.5k (972%) from $1.8k to $19.2k, while imports increased by $1.18M (129%) from $912k to $2.09M.

Destinations In July 2024, Seed Oils were exported mostly to Peru ($19.2k), and were imported mostly from Argentina ($1.71M), Switzerland ($260k), Spain ($60.8k), Chile ($33.5k), and United States ($21.4k).

Growth In July 2024, the increase in Seed Oils's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Seed Oils's year-by-year imports was explained primarily by an increase in imports from Argentina ($43.6k or 5.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2021 - July 2024)$17.5k(972%)
IMPORT GROWTH (July 2023 - July 2024)$1.18M(129%)
MAIN EXPORTER (July 2024)Cerrillos$345k
MAIN DESTINATION (July 2024)Peru$19.2k

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 (2022)$798k
IMPORTS (2022)$147M
NET TRADE (2022)-$147M

In 2022, Chile exported $798k in Seed Oils. The main destinations of Chile exports on Seed Oils were Mexico ($292k), Peru ($253k), Argentina ($250k), Venezuela ($3k), and Netherlands ($90).

In 2022, Chile imported $147M in Seed Oils, mainly from Argentina ($143M), Spain ($1.9M), Bolivia ($886k), Uruguay ($553k), and Sweden ($481k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Mexico$292k (1%)
Peru$246k (3.57k%)
Argentina$128k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Chile WERE (2021 - 2022):
Costa Rica-$570k (-100%)
Venezuela-$4.8k (-61.5%)
Slovenia-$154 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Chile's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

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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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