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Pricing

2022
Exports $72.5kWorld Rnk 60 / 140
Flag Rnk 889 / 1142
2022
Destination $23.9k Canada
2021 - 2022
FASTEST GROWING MARKET $23.9kCanada
2022
Imports $1.15MWorld Rnk 51 / 211
Flag Rnk 932 / 1203
2022
Origin $91.5k China
2021 - 2022
FASTEST GROWING ORIGIN $91.5kMalaysia
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $72.5k in Time Recording Instruments, making it the 60th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 889th most exported product in Chile. The main destination of Time Recording Instruments exports from Chile are: Canada ($23.9k), Peru ($22.3k), Bolivia ($7.16k), Singapore ($5.28k), and Paraguay ($4.16k).

The fastest growing export markets for Time Recording Instruments of Chile between 2021 and 2022 were Canada ($23.9k), Peru ($12k), and Singapore ($5.28k).

Imports In 2022, Chile imported $1.15M in Time Recording Instruments, becoming the 51st largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 932nd most imported product in Chile. Chile imports Time Recording Instruments primarily from: China ($596k), United States ($93.6k), Malaysia ($92.2k), Chinese Taipei ($69.4k), and Germany ($63.3k).

The fastest growing import markets in Time Recording Instruments for Chile between 2021 and 2022 were Malaysia ($91.5k), Spain ($30.9k), and Germany ($21k).

Latest Trends

May 2024

About

Overview In May 2024 Chile's Time Recording Instruments exports accounted up to $5.8k and imports accounted up to $254k, resulting in a negative trade balance of $248k. Between June 2022 and May 2024 the exports of Chile's   Time Recording Instruments have increased by $5.32k (1.12k%) from $475 to $5.8k, while imports decreased by $-180k (-41.4%) from $434k to $254k.

Destinations In May 2024, Time Recording Instruments were exported mostly to , and were imported mostly from Switzerland ($129k), China ($47.3k), United States ($29.7k), Brazil ($27.8k), and United Kingdom ($7.7k).

Growth In May 2024, the increase in Time Recording Instruments's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Time Recording Instruments's year-by-year imports was explained primarily by a decrease in imports from United States ($-79.6k or -94.9%) and Switzerland ($-10.5k or -67.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2022 - May 2024)$5.32k(1.12k%)
IMPORT GROWTH (June 2023 - June 2024)$-180k(-41.4%)
MAIN EXPORTER (May 2024)Maipú$5.4k
MAIN DESTINATION (May 2024)

This section shows Time Recording Instruments'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 Time Recording Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.5k
IMPORTS (2022)$1.15M
NET TRADE (2022)-$1.07M

In 2022, Chile exported $72.5k in Time Recording Instruments. The main destinations of Chile exports on Time Recording Instruments were Canada ($23.9k), Peru ($22.3k), Bolivia ($7.16k), Singapore ($5.28k), and Paraguay ($4.16k).

In 2022, Chile imported $1.15M in Time Recording Instruments, mainly from China ($596k), United States ($93.6k), Malaysia ($92.2k), Chinese Taipei ($69.4k), and Germany ($63.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Canada$23.9k (1%)
Peru$12k (118%)
Singapore$5.28k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Chile WERE (2021 - 2022):
Uruguay-$19.1k (-83.5%)
Netherlands-$353 (-100%)
Honduras-$325 (-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 Time Recording Instruments were:
China $168M
France $41.2M
United States $24.5M
In 2022, Chile's main importing competitors in Time Recording Instruments were:
United States $54.5M
Germany $34.3M
Japan $34M

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.35k
TOP IMPORT POTENTIALChina+ $35.8k

Time Recording Instruments’s highest export potential is United States. With an export gap of $4.35k.   Time Recording Instruments’s highest import potential is China with an import gap of $35.8k.

See methodology.

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