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2023
Exports $1.41MWorld Rnk 52 / 125
Flag Rnk 501 / 1133
2023
Destination $1.24M United States
2022 - 2023
FASTEST GROWING MARKET $1.24MUnited States
2023
PRODUCT COMPLEXITY IN Steam Turbines0.32Rnk 453 / 1025
2023
Imports $11MWorld Rnk 52 / 186
Flag Rnk 529 / 1199
2023
Origin $4.64M India
2022 - 2023
FASTEST GROWING ORIGIN $4.64MIndia
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $1.41M in Steam Turbines, making it the 52nd largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 501st most exported product in Chile. The main destination of Steam Turbines exports from Chile are: United States ($1.27M), Switzerland ($103k), China ($20k), Brazil ($18.9k), and Netherlands ($4.45k).

The fastest growing export markets for Steam Turbines of Chile between 2022 and 2023 were United States ($1.24M), Switzerland ($103k), and China ($20k).

Imports In 2023, Chile imported $11M in Steam Turbines, becoming the 52nd largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 529th most imported product in Chile. Chile imports Steam Turbines primarily from: India ($4.64M), Germany ($2.26M), United States ($1.75M), Italy ($909k), and Brazil ($488k).

The fastest growing import markets in Steam Turbines for Chile between 2022 and 2023 were India ($4.64M), Germany ($1.85M), and United States ($882k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Steam Turbines exports accounted up to $40k and imports accounted up to $255k, resulting in a negative trade balance of $215k. Between November 2018 and November 2024 the exports of Chile's   Steam Turbines have increased by $27.6k (223%) from $12.4k to $40k, while imports decreased by $-540k (-67.9%) from $795k to $255k.

Destinations In November 2024, Steam Turbines were exported mostly to Germany ($40k), and were imported mostly from United States ($198k), Italy ($53.3k), and Brazil ($3.22k).

Growth In November 2024, the increase in Steam Turbines's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Steam Turbines's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2018 - November 2024)$27.6k(223%)
IMPORT GROWTH (November 2023 - November 2024)$-540k(-67.9%)
MAIN EXPORTER (November 2024)Concepción$40k
MAIN DESTINATION (November 2024)Germany$40k

This section shows Steam Turbines'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 Steam Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.41M
IMPORTS (2023)$11M
NET TRADE (2023)-$9.58M

In 2023, Chile exported $1.41M in Steam Turbines. The main destinations of Chile exports on Steam Turbines were United States ($1.27M), Switzerland ($103k), China ($20k), Brazil ($18.9k), and Netherlands ($4.45k).

In 2023, Chile imported $11M in Steam Turbines, mainly from India ($4.64M), Germany ($2.26M), United States ($1.75M), Italy ($909k), and Brazil ($488k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$1.24M (4.89k%)
Switzerland$103k (1%)
China$20k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Chile WERE (2022 - 2023):
Bolivia-$875k (-100%)
Australia-$30.7k (-100%)
Germany-$11.7k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Steam Turbines were:
China $606M
Germany $559M
Japan $490M
In 2023, Chile's main importing competitors in Steam Turbines were:
Indonesia $401M
Turkey $239M
United States $222M

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $55.9k
TOP IMPORT POTENTIALGermany+ $284k

Steam Turbines’s highest export potential is United States. With an export gap of $55.9k.   Steam Turbines’s highest import potential is Germany with an import gap of $284k.

See methodology.

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