Soil Preparation Machinery in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $679k in Soil Preparation Machinery, making it the 67th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 607th most exported product in Chile. The main destination of Soil Preparation Machinery exports from Chile are: United States ($411k), Netherlands ($139k), Argentina ($35.5k), Bolivia ($32.2k), and Germany ($29.4k).

The fastest growing export markets for Soil Preparation Machinery of Chile between 2021 and 2022 were Netherlands ($101k), United States ($35.6k), and Germany ($29.4k).

Imports In 2022, Chile imported $43.9M in Soil Preparation Machinery, becoming the 47th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 325th most imported product in Chile. Chile imports Soil Preparation Machinery primarily from: Germany ($6.69M), China ($6.63M), Italy ($6.63M), Brazil ($4.14M), and Spain ($3.54M).

The fastest growing import markets in Soil Preparation Machinery for Chile between 2021 and 2022 were United States ($1.41M), United Kingdom ($327k), and Netherlands ($224k).

Latest Trends

February 2024

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Overview In February 2024 Chile's Soil Preparation Machinery exports accounted up to $83.5k and imports accounted up to $553k, resulting in a negative trade balance of $470k. Between February 2023 and February 2024 the exports of Chile's Soil Preparation Machinery have increased by $76.8k (1.15k%) from $6.7k to $83.5k, while imports increased by $232k (72.2%) from $321k to $553k.

Destinations In February 2024, Soil Preparation Machinery were exported mostly to United States ($75.4k) and Guatemala ($8.15k), and were imported mostly from United States ($290k), Italy ($98.7k), Germany ($36.2k), China ($35.9k), and Sweden ($27.8k).

Growth In February 2024, the increase in Soil Preparation Machinery's year-by-year exports was explained primarily by an increase in exports to . In February 2024, the increase in Soil Preparation Machinery's year-by-year imports was explained primarily by an increase in imports from Germany ($101k or 91.9%), United States ($73.6k or 83.4%), and Chile ($41.8k or 293%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$76.8k(1.15k%)

IMPORT GROWTH (February 2023 - February 2024)$232k(72.2%)

MAIN EXPORTER (February 2024)Cerrillos$75.4k

MAIN DESTINATION (February 2024)United States$75.4k

This section shows Soil Preparation Machinery'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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$679k

IMPORTS (2022)$43.9M

NET TRADE (2022)-$43.2M

In 2022, Chile exported $679k in Soil Preparation Machinery. The main destinations of Chile exports on Soil Preparation Machinery were United States ($411k), Netherlands ($139k), Argentina ($35.5k), Bolivia ($32.2k), and Germany ($29.4k).

In 2022, Chile imported $43.9M in Soil Preparation Machinery, mainly from Germany ($6.69M), China ($6.63M), Italy ($6.63M), Brazil ($4.14M), and Spain ($3.54M).

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