Tungsten in Chile 2021 Exports | Imports : $567k | $1.69M, World Rnk 48 / 115 Rnk 620 / 1125 | World Rnk 46 / 168 Rnk 892 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $348k | $34.6k, United States | United Kingdom
2021 ECONOMIC COMPLEXITY of Chile: -0.22, Rnk 74 / 131
2021 PRODUCT COMPLEXITY IN Tungsten: 1.47, Rnk 62 / 1029
Exports In 2021, Chile exported $567k in Tungsten, making it the 48th largest exporter of Tungsten in the world. At the same year, Tungsten was the 620th most exported product in Chile. The main destination of Tungsten exports from Chile are: United States ($386k), Bolivia ($145k), Canada ($35.9k), Peru ($657), and Czechia ($169).
The fastest growing export markets for Tungsten of Chile between 2020 and 2021 were United States ($348k), Canada ($35.9k), and Peru ($657).
Imports In 2021, Chile imported $1.69M in Tungsten, becoming the 46th largest importer of Tungsten in the world. At the same year, Tungsten was the 892nd most imported product in Chile. Chile imports Tungsten primarily from: China ($1.19M), United Kingdom ($281k), United States ($136k), Peru ($21.3k), and Chinese Taipei ($13.4k).
The fastest growing import markets in Tungsten for Chile between 2020 and 2021 were United Kingdom ($34.6k), Peru ($13.3k), and Austria ($7.62k).
Tariffs In 2018, the average tariff for Chile in Tungsten was 3.48%. The countries with the highest import tariffs for Tungsten were Botswana (Most Favoured Nation duty rate treatment, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6%), Cameroon (Most Favoured Nation duty rate treatment, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6%), and Cape Verde (Most Favoured Nation duty rate treatment, 6%).
January 2023
Overview In January 2023 Chile's Tungsten exports accounted up to $50.9k and imports accounted up to $330k, resulting in a negative trade balance of $279k. Between June 2021 and January 2023 the exports of Chile's Tungsten have decreased by $-4.46k (-8.07%) from $55.3k to $50.9k, while imports decreased by $-133k (-28.7%) from $463k to $330k.
Destinations In January 2023, Tungsten were exported mostly to , and were imported mostly from China ($179k), United Kingdom ($78.8k), United States ($63k), and Colombia ($8.9k).
Growth In January 2023, the decrease in Tungsten's year-by-year exports was explained primarily by a decrease in exports to . In March 2023, the decrease in Tungsten's year-by-year imports was explained primarily by a decrease in imports from United States ($-5.37k or -25.5%).
EXPORT GROWTH (June 2021 - January 2023): $-4.46k, (-8.07%)
IMPORT GROWTH (March 2022 - March 2023): $-133k, (-28.7%)
MAIN EXPORTER (January 2023): ,
MAIN DESTINATION (January 2023): ,
This section shows Tungsten'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 Tungsten over time.
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EXPORTS (2021): $567k
IMPORTS (2021): $1.69M
NET TRADE (2021): -$1.12M
In 2021, Chile exported $567k in Tungsten. The main destinations of Chile exports on Tungsten were United States ($386k), Bolivia ($145k), Canada ($35.9k), Peru ($657), and Czechia ($169).
In 2021, Chile imported $1.69M in Tungsten, mainly from China ($1.19M), United Kingdom ($281k), United States ($136k), Peru ($21.3k), and Chinese Taipei ($13.4k).
In 2021, Chile's main exporting competitors in Tungsten were:
In 2021, Chile's main importing competitors in Tungsten were:
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