Buin

2019
Economic
Complexity
: -0.73, Rank 24 of 44

Jan 2021
Trade
Exports | Imports
: $29.8M | $1.34M, 22 of 207 | 74 of 212

Jan 2021
Country
Destination | Origin
: China | Germany , $12.3M  | $299k

Jan 2021
Product
Exports | Imports
: Pitted Fruits | Sauces and Seasonings , $15.5M  | $197k

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

Exports: In 2020, Chile's Buin exported $250M, making it the 22nd largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Buin were Peaches, otherwise prepared or preserved ($46.2M), Grapes, fresh ($38.5M), Fruit, edible: cherries, other than sour... ($20.3M), Peaches, nectarines, fresh ($20.3M), and Jams, fruit jellies, purees and pastes,... ($18.6M).

Imports: In 2020, Chile's Buin imported $31.5M, making it the 61st largest importer out of the 248 importers in Chile. In 2020 top imports of Buin were Parts of wash, filling, closing, aerating... ($3.2M), Industrial machine parts, food, drink preparation ($2.39M), Bolts/screws nes, with/without nut/washer, iron/steel ($1.37M), Flat rolled iron or non-alloy steel,... ($1.23M), and Nuts, iron or steel ($1.12M).

Economic Complexity: In 2019, the highest complexity exports of Buin according to the product complexity index (PCI) are Other Edible Preparations (-0.12), Sunflower Seeds (-0.23), Frozen Fruits and Nuts (-0.48), Paper Containers (-0.54), and Jams (-0.66). 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 Buin'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): United States, $91.4M

Top Product (2020): Peaches, otherwise prepared or preserved, $46.2M

In 2020 the top export destinations of Buin were United States ($91.4M), Mexico ($54.8M), China ($29.2M), South Korea ($8.46M), and Peru ($7.68M).

In 2020 the top exports of Buin were Peaches, otherwise prepared or preserved ($46.2M), Grapes, fresh ($38.5M), Fruit, edible: cherries, other than sour... ($20.3M), Peaches, nectarines, fresh ($20.3M), and Jams, fruit jellies, purees and pastes,... ($18.6M).

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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): United States, $10.1M

Top Import (2020): Parts of wash, filling, closing, aerating..., $3.2M

In 2020 the top import origins of Buin were United States ($10.1M), Italy ($5.95M), China ($3.63M), Spain ($2.63M), and Mexico ($1.85M).

In 2020 the top imports of Buin were Parts of wash, filling, closing, aerating... ($3.2M), Industrial machine parts, food, drink preparation ($2.39M), Bolts/screws nes, with/without nut/washer, iron/steel ($1.37M), Flat rolled iron or non-alloy steel,... ($1.23M), and Nuts, iron or steel ($1.12M).

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Economic Complexity

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Economic Complexity of Chile

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Buin ranks 24th 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. Buin it is in position 24th 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 Buin already has a comparative advantage, are led by Other Fruits (0.038), Plastic Lids (0.024), Plastic Pipes (0.023), Corn (0.023), and Metal Stoppers (0.021).

Most Complex Products by PCI

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The highest complexity exports of Buin according to the product complexity index (PCI) are Other Edible Preparations (-0.12), Sunflower Seeds (-0.23), Frozen Fruits and Nuts (-0.48), Paper Containers (-0.54), and Jams (-0.66). 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 Jams (580), Pitted Fruits (453), Grapes (356), Other Processed Fruits and Nuts (240), and Frozen Vegetables (130).

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 Buin 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  Buin. These are products that tend to be co-exported with the products that Buin 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.