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2022
Exports $624kWorld Rnk 59 / 165
Flag Rnk 617 / 1142
2022
Destination $245k Germany
2021 - 2022
FASTEST GROWING MARKET $245kGermany
2022
PRODUCT COMPLEXITY IN Tensile Testing Machines1.41Rnk 69 / 1025
2022
Imports $7.3MWorld Rnk 48 / 206
Flag Rnk 650 / 1203
2022
Origin $500k United States
2021 - 2022
FASTEST GROWING ORIGIN $500kDenmark
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $624k in Tensile Testing Machines, making it the 59th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 617th most exported product in Chile. The main destination of Tensile Testing Machines exports from Chile are: Germany ($246k), Mexico ($179k), United States ($47.9k), Bolivia ($43.3k), and Peru ($32.5k).

The fastest growing export markets for Tensile Testing Machines of Chile between 2021 and 2022 were Germany ($245k), Mexico ($176k), and United States ($45.8k).

Imports In 2022, Chile imported $7.3M in Tensile Testing Machines, becoming the 48th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 650th most imported product in Chile. Chile imports Tensile Testing Machines primarily from: United States ($1.96M), Germany ($1.18M), China ($936k), Spain ($828k), and Italy ($664k).

The fastest growing import markets in Tensile Testing Machines for Chile between 2021 and 2022 were Denmark ($500k), Spain ($416k), and Germany ($201k).

Latest Trends

September 2024

About

Overview In September 2024 Chile's Tensile Testing Machines exports accounted up to $16.9k and imports accounted up to $201k, resulting in a negative trade balance of $184k. Between July 2023 and September 2024 the exports of Chile's   Tensile Testing Machines have increased by $7.98k (89.7%) from $8.89k to $16.9k, while imports decreased by $-444k (-68.8%) from $644k to $201k.

Destinations In September 2024, Tensile Testing Machines were exported mostly to Peru ($16.9k), and were imported mostly from Italy ($57.7k), United States ($48.2k), Germany ($30.7k), Spain ($26.5k), and Switzerland ($19.1k).

Growth In September 2024, the increase in Tensile Testing Machines's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the decrease in Tensile Testing Machines's year-by-year imports was explained primarily by a decrease in imports from Spain ($-376k or -92.4%), Germany ($-133k or -71.6%), and Italy ($-116k or -90.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - September 2024)$7.98k(89.7%)
IMPORT GROWTH (September 2023 - September 2024)$-444k(-68.8%)
MAIN EXPORTER (September 2024)Macul$45k
MAIN DESTINATION (September 2024)Peru$16.9k

This section shows Tensile Testing Machines'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 Tensile Testing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$624k
IMPORTS (2022)$7.3M
NET TRADE (2022)-$6.67M

In 2022, Chile exported $624k in Tensile Testing Machines. The main destinations of Chile exports on Tensile Testing Machines were Germany ($246k), Mexico ($179k), United States ($47.9k), Bolivia ($43.3k), and Peru ($32.5k).

In 2022, Chile imported $7.3M in Tensile Testing Machines, mainly from United States ($1.96M), Germany ($1.18M), China ($936k), Spain ($828k), and Italy ($664k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Germany$245k (40.8k%)
Mexico$176k (5.03k%)
United States$45.8k (2.12k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Chile WERE (2021 - 2022):
Peru-$46.3k (-58.7%)
Spain-$23.7k (-74.7%)
Ecuador-$21.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Tensile Testing Machines were:
United States $633M
Germany $397M
United Kingdom $230M
In 2022, Chile's main importing competitors in Tensile Testing Machines were:
China $408M
United States $239M
Germany $162M

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Trade Value of Tensile Testing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.2k
TOP IMPORT POTENTIALUnited States+ $303k

Tensile Testing Machines’s highest export potential is United States. With an export gap of $73.2k.   Tensile Testing Machines’s highest import potential is United States with an import gap of $303k.

See methodology.

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