Osorno

2019
Economic
Complexity
: -0.84, Rank 32 of 44

Jan 2021
Trade
Exports | Imports
: $10.6M | $10.6M, 51 of 207 | 33 of 212

Jan 2021
Country
Destination | Origin
: China | New Zealand , $5.73M  | $3.48M

Jan 2021
Product
Exports | Imports
: Fuel Wood | Sowing Seeds , $6.48M  | $3.7M

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

Exports: In 2020, Chile's Osorno exported $164M, making it the 35th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Osorno were Wood in chips, non-coniferous ($71.8M), Bovine cuts bone in, frozen ($37.3M), Bovine cuts boneless, frozen ($15.5M), Cattle: live, other than pure-bred breeding... ($9.41M), and Fruits and nuts (uncooked, steamed, boiled)... ($4.78M).

Imports: In 2020, Chile's Osorno imported $190M, making it the 28th largest importer out of the 248 importers in Chile. In 2020 top imports of Osorno were Bovine cuts boneless, fresh or chilled ($31.3M), Semen bovine ($10.4M), Parts of milking machines and dairy... ($9.16M), Animal feed preparations nes ($7.5M), and Mate ($7.23M).

Economic Complexity: In 2019, the highest complexity exports of Osorno according to the product complexity index (PCI) are Fuel Wood (-0.25), Animal Food (-0.25), Frozen Fruits and Nuts (-0.48), Edible Offal (-0.51), and Bulbs and Roots (-0.59). 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 Osorno'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, $105M

Top Product (2020): Wood in chips, non-coniferous, $71.8M

In 2020 the top export destinations of Osorno were China ($105M), Japan ($24.5M), Taiwan ($8.82M), Canada ($5.32M), and Australia ($4.23M).

In 2020 the top exports of Osorno were Wood in chips, non-coniferous ($71.8M), Bovine cuts bone in, frozen ($37.3M), Bovine cuts boneless, frozen ($15.5M), Cattle: live, other than pure-bred breeding... ($9.41M), and Fruits and nuts (uncooked, steamed, boiled)... ($4.78M).

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Yearly Imports

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Value
Depth

Top Origin (2020): Sweden, $31.9M

Top Import (2020): Bovine cuts boneless, fresh or chilled, $31.3M

In 2020 the top import origins of Osorno were Sweden ($31.9M), Paraguay ($29.1M), New Zealand ($21.6M), Germany ($17.7M), and United States ($15.6M).

In 2020 the top imports of Osorno were Bovine cuts boneless, fresh or chilled ($31.3M), Semen bovine ($10.4M), Parts of milking machines and dairy... ($9.16M), Animal feed preparations nes ($7.5M), and Mate ($7.23M).

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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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Osorno ranks 32nd 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. Osorno it is in position 32nd 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 Osorno already has a comparative advantage, are led by Non-fillet Frozen Fish (0.018), Shaped Wood (0.018), Fish Fillets (0.018), Processed Fish (0.017), and Gold (0.016).

Most Complex Products by PCI

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The highest complexity exports of Osorno according to the product complexity index (PCI) are Fuel Wood (-0.25), Animal Food (-0.25), Frozen Fruits and Nuts (-0.48), Edible Offal (-0.51), and Bulbs and Roots (-0.59). 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 Fuel Wood (954), Frozen Bovine Meat (237), Bulbs and Roots (162), Animal Organs (70.3), and Other Fruits (67.5).

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