Soybeans in Chile

EXPORTS (2018): $12.9M, World Rnk 29 / 105
Flag Rnk 210 / 1076

TOP DESTINATION (2018): $11.7M, United States

FASTEST GROWING IN MARKET (2017 - 2018): $479k, Netherlands

IMPORTS (2018): $49.9M, World Rnk 45 / 166
Flag Rnk 255 / 1192

TOP ORIGIN (2018): $30.8M, Argentina

FASTEST GROWING ORIGIN (2017 - 2018): $10.6M, United States

ECONOMIC COMPLEXITY of Chile (2018): -0.12, Rnk 74 / 137

PRODUCT COMPLEXITY  IN Soybeans (2018): -1.3, Rnk 899 / 1018

Exports: In 2018, Chile exported $12.9M in Soybeans, making it the 29th largest exporter of Soybeans in the world. At the same year, Soybeans was the 210th most exported product in Chile. The main destination of Soybeans exports from Chile are: United States ($11.7M), Netherlands ($503k), Belgium-Luxembourg ($380k), Canada ($213k), and Germany ($25.2k).

The fastest growing export markets for Soybeans of Chile between 2017 and 2018 were Netherlands ($479k), Belgium-Luxembourg ($376k), and Germany ($25.2k).

Imports: In 2018, Chile imported $49.9M in Soybeans, becoming the 45th largest importer of Soybeans in the world. At the same year, Soybeans was the 255th most imported product in Chile. Chile imports Soybeans primarily from: Argentina ($30.8M), United States ($11.2M), Paraguay ($7.84M), Canada ($51.9k), and China ($22.3k).

The fastest growing import markets in Soybeans for Chile between 2017 and 2018 were United States ($10.6M), Paraguay ($4.58M), and Canada ($39.3k).

Tariffs: In 2018, the average tariff for Chile in Soybeans was 3.6%. The countries with the highest import tariffs for Soybeans were Botswana (6%), Cote d'Ivoire (6%), Cameroon (6%), Democratic Republic of the Congo (6%), and Cape Verde (6%).

Value

EXPORTS (2018): $12.9M

IMPORTS (2018): $49.9M

NET TRADE (2018): -$37M

In 2018, Chile exported $12.9M in Soybeans. The main destinations of Chile exports on Soybeans were United States ($11.7M), Netherlands ($503k), Belgium-Luxembourg ($380k), Canada ($213k), and Germany ($25.2k).

In 2018, Chile imported $49.9M in Soybeans, mainly from Argentina ($30.8M), United States ($11.2M), Paraguay ($7.84M), Canada ($51.9k), and China ($22.3k).

IN 2018, Chile HAD A POSITIVE NET TRADE IN Soybeans WITH:

  • United States, $549k ($11.7M - $11.2M)
  • Netherlands, $495k ($503k - $8.1k)
  • Belgium-Luxembourg, $380k ($380k - $0)

IN 2018, Chile HAD A NEGATIVE NET TRADE IN Soybeans WITH:

  • Argentina, -$30.8M ($0 - $30.8M)
  • Paraguay, -$7.84M ($0 - $7.84M)
  • China, -$22.3k ($0 - $22.3k)
Flow

THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Chile WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Chile WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, Chile's main exporting competitors in Soybeans were:

In 2018, Chile's main importing competitors in Soybeans were:

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Soybeans in Chile. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

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In 2018, the average tariff for Chile in Soybeans was 3.6%.

The countries with the highest tariffs for Soybeans in Chile were Botswana (6%), Cote d'Ivoire (6%), Cameroon (6%), Democratic Republic of the Congo (6%), and Cape Verde (6%).

Explore Tariff Data