Antofagasta

2019
Economic
Complexity
: -0.59, Rank 18 of 44

Jan 2021
Trade
Exports | Imports
: $132M | $25.7M, 8 of 207 | 24 of 212

Jan 2021
Country
Destination | Origin
: Canada | United States , $75.3M  | $10M

Jan 2021
Product
Exports | Imports
: Raw Copper | Motor-working Tools , $116M  | $1.85M

Overview: This page contains the latest international trade data for Antofagasta, including export and import data.

Exports: In 2020, Chile's Antofagasta exported $924M, making it the 9th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Antofagasta were Unrefined copper, copper anodes, electrolytic refinin ($555M), Copper/copper alloy waste or scrap ($127M), Copper cathodes and sections of cathodes... ($105M), Gold in unwrought forms non-monetary ($99.2M), and Seaweeds and other algae: not fit... ($9.43M).

Imports: In 2020, Chile's Antofagasta imported $521M, making it the 13th largest importer out of the 248 importers in Chile. In 2020 top imports of Antofagasta were Parts for diesel and semi-diesel engines ($42.4M), Motor vehicle parts nes ($18M), Machinery parts: not containing electrical connectors,... ($14.4M), Bolts/screws nes, with/without nut/washer, iron/steel ($14.3M), and Bearing housings, shafts, without ball/roller bearing ($13.9M).

Economic Complexity: In 2019, the highest complexity exports of Antofagasta according to the product complexity index (PCI) are Excavation Machinery (0.8), Other Iron Products (0.78), Copper Bars (0.38), Chlorides (0.12), and Carbonates (-0.52). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

#permalink to section
Flow
Value

This section shows the differences between Antofagasta's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Chile's country profile.

Visit Country Profile

Yearly Exports

#permalink to section
Value
Depth

Top Destination (2020): Canada, $459M

Top Product (2020): Unrefined copper, copper anodes, electrolytic refinin, $555M

In 2020 the top export destinations of Antofagasta were Canada ($459M), South Korea ($213M), United States ($106M), China ($68.9M), and Japan ($46.3M).

In 2020 the top exports of Antofagasta were Unrefined copper, copper anodes, electrolytic refinin ($555M), Copper/copper alloy waste or scrap ($127M), Copper cathodes and sections of cathodes... ($105M), Gold in unwrought forms non-monetary ($99.2M), and Seaweeds and other algae: not fit... ($9.43M).

Explore Visualizations

Yearly Imports

#permalink to section
Value
Depth

Top Origin (2020): United States, $312M

Top Import (2020): Parts for diesel and semi-diesel engines, $42.4M

In 2020 the top import origins of Antofagasta were United States ($312M), Chile ($102M), Australia ($21.3M), Canada ($14.3M), and China ($12.8M).

In 2020 the top imports of Antofagasta were Parts for diesel and semi-diesel engines ($42.4M), Motor vehicle parts nes ($18M), Machinery parts: not containing electrical connectors,... ($14.4M), Bolts/screws nes, with/without nut/washer, iron/steel ($14.3M), and Bearing housings, shafts, without ball/roller bearing ($13.9M).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

#permalink to section

Economic Complexity of Chile

#permalink to section

Antofagasta ranks 18th out of the 248 comunnes in Chile according to ECI.

Estimated using exports data.

Discover Economic Complexity

Economic Complexity Ranking

#permalink to section
Scale

The economic complexity of a territory can change year to year. Antofagasta it is in position 18th considering its ECI in the last year.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Antofagasta already has a comparative advantage, are led by Non-fillet Frozen Fish (0.015), Scrap Copper (0.015), Refined Petroleum (0.014), Other Steel Bars (0.013), and Scrap Iron (0.013).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Antofagasta according to the product complexity index (PCI) are Excavation Machinery (0.8), Other Iron Products (0.78), Copper Bars (0.38), Chlorides (0.12), and Carbonates (-0.52). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Raw Copper (611), Carbonates (393), Locust beans, seaweed, sugar beet, cane,... (135), Refined Copper (86.3), and Chlorides (74).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Antofagasta is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of  Antofagasta. These are products that tend to be co-exported with the products that Antofagasta exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.