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2022
Exports $1.93MWorld Rnk 69 / 197
Flag Rnk 473 / 1142
2022
Destination $46.8k Guatemala
2021 - 2022
FASTEST GROWING MARKET $46.8kCosta Rica
2022
PRODUCT COMPLEXITY IN Tea-1.99Rnk 1002 / 1025
2022
Imports $67MWorld Rnk 31 / 223
Flag Rnk 242 / 1203
2022
Origin $9.24M Sri Lanka
2021 - 2022
FASTEST GROWING ORIGIN $9.24MPeru
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $1.93M in Tea, making it the 69th largest exporter of Tea in the world. At the same year, Tea was the 473rd most exported product in Chile. The main destination of Tea exports from Chile are: Guatemala ($543k), Paraguay ($341k), Peru ($311k), Uruguay ($138k), and Panama ($111k).

The fastest growing export markets for Tea of Chile between 2021 and 2022 were Costa Rica ($46.8k), Slovakia ($39.1k), and Ecuador ($36.4k).

Imports In 2022, Chile imported $67M in Tea, becoming the 31st largest importer of Tea in the world. At the same year, Tea was the 242nd most imported product in Chile. Chile imports Tea primarily from: Sri Lanka ($33.9M), Peru ($12.3M), Argentina ($6.79M), Kenya ($4.13M), and Poland ($3.19M).

The fastest growing import markets in Tea for Chile between 2021 and 2022 were Peru ($9.24M), Argentina ($2.01M), and United Arab Emirates ($268k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Tea exports accounted up to $65.8k and imports accounted up to $1.47M, resulting in a negative trade balance of $1.41M. Between August 2023 and August 2024 the exports of Chile's   Tea have decreased by $-60.1k (-47.7%) from $126k to $65.8k, while imports decreased by $-9M (-85.9%) from $10.5M to $1.47M.

Destinations In August 2024, Tea were exported mostly to Panama ($47.7k), United States ($14.6k), Peru ($1.44k), Malaysia ($1.01k), and Venezuela ($740), and were imported mostly from Chile ($519k), Sri Lanka ($387k), Paraguay ($324k), China ($118k), and United Kingdom ($64k).

Growth In August 2024, the decrease in Tea's year-by-year exports was explained primarily by a decrease in exports to Uruguay ($-23k or -44.8%), Peru ($-10.2k or -97.1%), and Ecuador ($-7.7k or -34.2%). In August 2024, the decrease in Tea's year-by-year imports was explained primarily by a decrease in imports from Sri Lanka ($-243k or -99.8%), United Kingdom ($-89.5k or -99.9%), and United States ($-50.8k or -99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-60.1k(-47.7%)
IMPORT GROWTH (August 2023 - August 2024)$-9M(-85.9%)
MAIN EXPORTER (August 2024)Valparaíso$272k
MAIN DESTINATION (August 2024)Panama$47.7k

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.93M
IMPORTS (2022)$67M
NET TRADE (2022)-$65.1M

In 2022, Chile exported $1.93M in Tea. The main destinations of Chile exports on Tea were Guatemala ($543k), Paraguay ($341k), Peru ($311k), Uruguay ($138k), and Panama ($111k).

In 2022, Chile imported $67M in Tea, mainly from Sri Lanka ($33.9M), Peru ($12.3M), Argentina ($6.79M), Kenya ($4.13M), and Poland ($3.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Costa Rica$46.8k (195%)
Slovakia$39.1k (313%)
Ecuador$36.4k (85.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Chile WERE (2021 - 2022):
Peru-$2.06M (-86.9%)
Paraguay-$163k (-32.3%)
Uruguay-$143k (-50.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
Sri Lanka $1.29B
In 2022, Chile's main importing competitors in Tea were:
Pakistan $707M
United States $522M
Russia $448M

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $108k
TOP IMPORT POTENTIALChina+ $2.12M

Tea’s highest export potential is United States. With an export gap of $108k.   Tea’s highest import potential is China with an import gap of $2.12M.

See methodology.

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