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2023
Exports $504kWorld Rnk 52 / 161
Flag Rnk 635 / 1133
2023
Destination $68.3k Peru
2022 - 2023
FASTEST GROWING MARKET $68.3kBolivia
2023
PRODUCT COMPLEXITY IN Soldering and Welding Machinery1.42Rnk 59 / 1025
2023
Imports $5.35MWorld Rnk 46 / 218
Flag Rnk 661 / 1199
2023
Origin $165k China
2022 - 2023
FASTEST GROWING ORIGIN $165kItaly
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $504k in Soldering and Welding Machinery, making it the 52nd largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 635th most exported product in Chile. The main destination of Soldering and Welding Machinery exports from Chile are: Peru ($324k), Bolivia ($113k), El Salvador ($23.2k), Panama ($12.7k), and Paraguay ($7.52k).

The fastest growing export markets for Soldering and Welding Machinery of Chile between 2022 and 2023 were Bolivia ($68.3k), El Salvador ($23.2k), and Panama ($12.7k).

Imports In 2023, Chile imported $5.35M in Soldering and Welding Machinery, becoming the 46th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 661st most imported product in Chile. Chile imports Soldering and Welding Machinery primarily from: China ($2.61M), Poland ($655k), Chinese Taipei ($392k), United States ($299k), and Italy ($275k).

The fastest growing import markets in Soldering and Welding Machinery for Chile between 2022 and 2023 were Italy ($165k), Chinese Taipei ($130k), and Switzerland ($107k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Soldering and Welding Machinery exports accounted up to $20.6k and imports accounted up to $547k, resulting in a negative trade balance of $526k. Between June 2023 and November 2024 the exports of Chile's   Soldering and Welding Machinery have increased by $18k (680%) from $2.64k to $20.6k, while imports decreased by $-984k (-64.3%) from $1.53M to $547k.

Destinations In November 2024, Soldering and Welding Machinery were exported mostly to Peru ($20.6k), and were imported mostly from China ($406k), Chile ($122k), Germany ($16.2k), and Canada ($3.71k).

Growth In November 2024, the increase in Soldering and Welding Machinery's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Soldering and Welding Machinery's year-by-year imports was explained primarily by a decrease in imports from United States ($-240k or -92.5%) and Chile ($-137k or -65.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - November 2024)$18k(680%)
IMPORT GROWTH (November 2023 - November 2024)$-984k(-64.3%)
MAIN EXPORTER (November 2024)San Bernardo$20.6k
MAIN DESTINATION (November 2024)Peru$20.6k

This section shows Soldering and Welding 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 Soldering and Welding Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$504k
IMPORTS (2023)$5.35M
NET TRADE (2023)-$4.84M

In 2023, Chile exported $504k in Soldering and Welding Machinery. The main destinations of Chile exports on Soldering and Welding Machinery were Peru ($324k), Bolivia ($113k), El Salvador ($23.2k), Panama ($12.7k), and Paraguay ($7.52k).

In 2023, Chile imported $5.35M in Soldering and Welding Machinery, mainly from China ($2.61M), Poland ($655k), Chinese Taipei ($392k), United States ($299k), and Italy ($275k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Bolivia$68.3k (153%)
El Salvador$23.2k (1%)
Panama$12.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Chile WERE (2022 - 2023):
Peru-$693k (-68.1%)
Colombia-$17.3k (-100%)
Uruguay-$15.1k (-74%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Soldering and Welding Machinery were:
China $329M
Germany $125M
United States $78M
In 2023, Chile's main importing competitors in Soldering and Welding Machinery were:
United States $144M
Germany $57.1M
Mexico $41.3M

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $14.3k
TOP IMPORT POTENTIALGermany+ $118k

Soldering and Welding Machinery’s highest export potential is Italy. With an export gap of $14.3k.   Soldering and Welding Machinery’s highest import potential is Germany with an import gap of $118k.

See methodology.

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