Coronel

2019
Economic
Complexity
: -0.72, Rank 23 of 44

Jan 2021
Trade
Exports | Imports
: $7.66M | $5.87M, 61 of 207 | 44 of 212

Jan 2021
Country
Destination | Origin
: United States | United States , $3.03M  | $2.89M

Jan 2021
Product
Exports | Imports
: Sawn Wood | Fish Oil , $2.89M  | $583k

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

Exports: In 2020, Chile's Coronel exported $169M, making it the 31st largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Coronel were Wood; coniferous species, of pine (Pinus... ($32.8M), Fish: frozen, jack and horse mackerel... ($30.1M), Flour or meal, pellet, fish, etc,... ($28.7M), Paper, household, sanitary, width > 36... ($20.3M), and Coniferous wood continuously shaped along any... ($15.8M).

Imports: In 2020, Chile's Coronel imported $81.8M, making it the 40th largest importer out of the 248 importers in Chile. In 2020 top imports of Coronel were Animal feed preparations nes ($12.7M), Urea, including aqueous solution in packs... ($9.82M), Flat rolled iron or non-alloy steel,... ($6.93M), Fish oils except liver, not chemically... ($5.4M), and Flour or meal, pellet, fish, etc,... ($2.69M).

Economic Complexity: In 2019, the highest complexity exports of Coronel according to the product complexity index (PCI) are Other Uncoated Paper (0.49), Metal Stoppers (0.19), Fuel Wood (-0.25), Animal Food (-0.25), and Facial Tissue (-0.38). 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 Coronel'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, $38.4M

Top Product (2020): Wood; coniferous species, of pine (Pinus..., $32.8M

In 2020 the top export destinations of Coronel were United States ($38.4M), China ($21.2M), Australia ($12.6M), Nigeria ($12.2M), and Spain ($8.8M).

In 2020 the top exports of Coronel were Wood; coniferous species, of pine (Pinus... ($32.8M), Fish: frozen, jack and horse mackerel... ($30.1M), Flour or meal, pellet, fish, etc,... ($28.7M), Paper, household, sanitary, width > 36... ($20.3M), and Coniferous wood continuously shaped along any... ($15.8M).

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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): Spain, $16.6M

Top Import (2020): Animal feed preparations nes, $12.7M

In 2020 the top import origins of Coronel were Spain ($16.6M), United States ($14.8M), British Virgin Islands ($9.82M), Germany ($8.21M), and Heard Island and McDonald Islands ($8.19M).

In 2020 the top imports of Coronel were Animal feed preparations nes ($12.7M), Urea, including aqueous solution in packs... ($9.82M), Flat rolled iron or non-alloy steel,... ($6.93M), Fish oils except liver, not chemically... ($5.4M), and Flour or meal, pellet, fish, etc,... ($2.69M).

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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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Coronel ranks 23rd 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. Coronel it is in position 23rd 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 Coronel already has a comparative advantage, are led by Fruit Juice (0.038), Scrap Copper (0.034), Refined Petroleum (0.034), Mixed Mineral or Chemical Fertilizers (0.032), and Plastic Pipes (0.028).

Most Complex Products by PCI

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The highest complexity exports of Coronel according to the product complexity index (PCI) are Other Uncoated Paper (0.49), Metal Stoppers (0.19), Fuel Wood (-0.25), Animal Food (-0.25), and Facial Tissue (-0.38). 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 Facial Tissue (516), Locust beans, seaweed, sugar beet, cane,... (506), Shaped Wood (373), Other Vegetable Products (316), and Animal Meal and Pellets (149).

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