Coquimbo

2019
Economic
Complexity
: -1.03, Rank 41 of 44

Jan 2021
Trade
Exports | Imports
: $10.5M | $6.01M, 52 of 207 | 43 of 212

Jan 2021
Country
Destination | Origin
: China | Italy , $5.01M  | $2.47M

Jan 2021
Product
Exports | Imports
: Copper Ore | Non-Knit Women's Suits , $3.27M  | $1.07M

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

Exports: In 2020, Chile's Coquimbo exported $151M, making it the 38th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Coquimbo were Copper ores and concentrates ($28.8M), Crustacean preparations: shrimps and prawns, prepared... ($15.3M), Copper/copper alloy waste or scrap ($15.2M), Seaweeds and other algae: not fit... ($14.3M), and Grapes, fresh ($12.8M).

Imports: In 2020, Chile's Coquimbo imported $44.6M, making it the 51st largest importer out of the 248 importers in Chile. In 2020 top imports of Coquimbo were Generating sets, diesel, output < 75... ($2.61M), T-shirts, singlets etc, of material nes,... ($2.18M), Womens, girls blouses, shirts, manmade fibre,... ($1.93M), Garments nes, of manmade fibres, knit ($1.78M), and Womens, girls trousers & shorts, of... ($1.55M).

Economic Complexity: In 2019, the highest complexity exports of Coquimbo according to the product complexity index (PCI) are Large Construction Vehicles (0.13), Sulfates (-0.32), Other Construction Vehicles (-0.51), Scrap Iron (-0.6), and Wine (-0.83). 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 Coquimbo'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, $54.7M

Top Product (2020): Copper ores and concentrates, $28.8M

In 2020 the top export destinations of Coquimbo were China ($54.7M), United States ($29.3M), South Korea ($9.14M), Spain ($8.23M), and Belize ($5.67M).

In 2020 the top exports of Coquimbo were Copper ores and concentrates ($28.8M), Crustacean preparations: shrimps and prawns, prepared... ($15.3M), Copper/copper alloy waste or scrap ($15.2M), Seaweeds and other algae: not fit... ($14.3M), and Grapes, fresh ($12.8M).

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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): Italy, $21M

Top Import (2020): Generating sets, diesel, output < 75..., $2.61M

In 2020 the top import origins of Coquimbo were Italy ($21M), China ($7.05M), United States ($6.53M), Chile ($3.26M), and Brazil ($1.81M).

In 2020 the top imports of Coquimbo were Generating sets, diesel, output < 75... ($2.61M), T-shirts, singlets etc, of material nes,... ($2.18M), Womens, girls blouses, shirts, manmade fibre,... ($1.93M), Garments nes, of manmade fibres, knit ($1.78M), and Womens, girls trousers & shorts, of... ($1.55M).

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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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Coquimbo ranks 41st 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. Coquimbo it is in position 41st 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 Coquimbo already has a comparative advantage, are led by Gold (0.04), Non-fillet Fresh Fish (0.037), Other Fruits (0.031), Processed Fish (0.03), and Iron Ore (0.029).

Most Complex Products by PCI

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The highest complexity exports of Coquimbo according to the product complexity index (PCI) are Large Construction Vehicles (0.13), Sulfates (-0.32), Other Construction Vehicles (-0.51), Scrap Iron (-0.6), and Wine (-0.83). 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 Locust beans, seaweed, sugar beet, cane,... (N/A), Sulfates (318), Grapes (136), Processed Crustaceans (118), and Citrus (110).

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