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2023
Exports $3.12MWorld Rnk 66 / 188
Flag Rnk 393 / 1133
2023
Destination $897k United States
2022 - 2023
FASTEST GROWING MARKET $897kUnited States
2023
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.24Rnk 94 / 1025
2023
Imports $31.8MWorld Rnk 67 / 220
Flag Rnk 341 / 1199
2023
Origin $1.47M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.47MAustria
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $3.12M in Spark-Ignition Engines, making it the 66th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 393rd most exported product in Chile. The main destination of Spark-Ignition Engines exports from Chile are: United States ($1.01M), Bolivia ($547k), Peru ($461k), United Kingdom ($452k), and Canada ($191k).

The fastest growing export markets for Spark-Ignition Engines of Chile between 2022 and 2023 were United States ($897k), United Kingdom ($452k), and Argentina ($68.2k).

Imports In 2023, Chile imported $31.8M in Spark-Ignition Engines, becoming the 67th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 341st most imported product in Chile. Chile imports Spark-Ignition Engines primarily from: Japan ($14.9M), China ($4.52M), United States ($3.63M), United Arab Emirates ($2.38M), and Austria ($1.69M).

The fastest growing import markets in Spark-Ignition Engines for Chile between 2022 and 2023 were Austria ($1.47M), United Kingdom ($257k), and Poland ($248k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Spark-Ignition Engines exports accounted up to $19.1k and imports accounted up to $190k, resulting in a negative trade balance of $171k. Between November 2023 and November 2024 the exports of Chile's   Spark-Ignition Engines have increased by $12.2k (174%) from $6.99k to $19.1k, while imports decreased by $-945k (-83.2%) from $1.14M to $190k.

Destinations In November 2024, Spark-Ignition Engines were exported mostly to Peru ($6.92k), Argentina ($6.57k), Bolivia ($5.33k), and Dominican Republic ($330), and were imported mostly from United States ($67.2k), France ($31.2k), Japan ($28.2k), Uruguay ($22.2k), and Brazil ($20.1k).

Growth In November 2024, the increase in Spark-Ignition Engines's year-by-year exports was explained primarily by an increase in exports to Bolivia ($30.6k or 2.07k%) and United States ($9.01k or 129%). In November 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from United States ($-336k or -72.8%) and France ($-80.2k or -24.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$12.2k(174%)
IMPORT GROWTH (November 2023 - November 2024)$-945k(-83.2%)
MAIN EXPORTER (November 2024)Puerto Montt$298k
MAIN DESTINATION (November 2024)Peru$6.92k

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.12M
IMPORTS (2023)$31.8M
NET TRADE (2023)-$28.6M

In 2023, Chile exported $3.12M in Spark-Ignition Engines. The main destinations of Chile exports on Spark-Ignition Engines were United States ($1.01M), Bolivia ($547k), Peru ($461k), United Kingdom ($452k), and Canada ($191k).

In 2023, Chile imported $31.8M in Spark-Ignition Engines, mainly from Japan ($14.9M), China ($4.52M), United States ($3.63M), United Arab Emirates ($2.38M), and Austria ($1.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$897k (768%)
United Kingdom$452k (1%)
Argentina$68.2k (20.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Chile WERE (2022 - 2023):
Canada-$1.3M (-87.2%)
Brazil-$396k (-97.5%)
Bolivia-$227k (-29.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Spark-Ignition Engines were:
United States $8.37B
Germany $6.24B
Japan $4.75B
In 2023, Chile's main importing competitors in Spark-Ignition Engines were:
United States $12.8B
Canada $5.21B
Germany $4.95B

Explore Visualizations

Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $848k
TOP IMPORT POTENTIALChina+ $3.51M

Spark-Ignition Engines’s highest export potential is Canada. With an export gap of $848k.   Spark-Ignition Engines’s highest import potential is China with an import gap of $3.51M.

See methodology.

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