Arica

2019
Economic
Complexity
: -0.55, Rank 16 of 44

Jan 2021
Trade
Exports | Imports
: $9.01M | $2.78M, 56 of 207 | 57 of 212

Jan 2021
Country
Destination | Origin
: China | Chile , $2.13M  | $644k

Jan 2021
Product
Exports | Imports
: Boron | Wine , $3.92M  | $231k

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

Exports: In 2020, Chile's Arica exported $113M, making it the 50th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Arica were Oxides of boron, boric acids ($50.1M), Activated natural mineral products, animal black,... ($10.5M), Aluminium casks, drums, boxes etc, capacity... ($9.88M), Potassic fertilizers, mixes, nes, pack >10... ($6.72M), and Natural borates and concentrates thereof (whether... ($5.86M).

Imports: In 2020, Chile's Arica imported $105M, making it the 37th largest importer out of the 248 importers in Chile. In 2020 top imports of Arica were Parts of wash, filling, closing, aerating... ($9.57M), Fertilizers, mixes, nes ($5.16M), Bearings, ball ($3.7M), Gaskets, washers and other seals of... ($3.59M), and Bearing housings, shafts, without ball/roller bearing ($3.14M).

Economic Complexity: In 2019, the highest complexity exports of Arica according to the product complexity index (PCI) are Cars (0.98), Stone Processing Machines (0.57), Other Cast Iron Products (0.39), Aluminium Cans (0.17), and Wood Carpentry (0.15). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value

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

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Yearly Exports

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Value
Depth

Top Destination (2020): China, $33.1M

Top Product (2020): Oxides of boron, boric acids, $50.1M

In 2020 the top export destinations of Arica were China ($33.1M), Brazil ($24.7M), Peru ($13.4M), United States ($11.5M), and Bolivia ($8.95M).

In 2020 the top exports of Arica were Oxides of boron, boric acids ($50.1M), Activated natural mineral products, animal black,... ($10.5M), Aluminium casks, drums, boxes etc, capacity... ($9.88M), Potassic fertilizers, mixes, nes, pack >10... ($6.72M), and Natural borates and concentrates thereof (whether... ($5.86M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): France, $61.5M

Top Import (2020): Parts of wash, filling, closing, aerating..., $9.57M

In 2020 the top import origins of Arica were France ($61.5M), Germany ($12.3M), Spain ($6.49M), Chile ($6.06M), and Bolivia ($5.01M).

In 2020 the top imports of Arica were Parts of wash, filling, closing, aerating... ($9.57M), Fertilizers, mixes, nes ($5.16M), Bearings, ball ($3.7M), Gaskets, washers and other seals of... ($3.59M), and Bearing housings, shafts, without ball/roller bearing ($3.14M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of Chile

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Arica ranks 16th out of the 248 comunnes in Chile according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Arica it is in position 16th considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Arica already has a comparative advantage, are led by Tropical Fruits (0.052), Fruit Juice (0.052), Perfume Plants (0.05), Processed Cereals (0.048), and Other Edible Preparations (0.048).

Most Complex Products by PCI

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The highest complexity exports of Arica according to the product complexity index (PCI) are Cars (0.98), Stone Processing Machines (0.57), Other Cast Iron Products (0.39), Aluminium Cans (0.17), and Wood Carpentry (0.15). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Aluminium Cans (393), Potassic Fertilizers (62.2), Apples and Pears (54.9), Sowing Seeds (38.1), and Poultry Meat (30.5).

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 Arica 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

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

Diversification Frontier

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Depth
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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.