Puerto Montt

2019
Economic
Complexity
: -1.05, Rank 42 of 44

Jan 2021
Trade
Exports | Imports
: $299M | $17.8M, 3 of 207 | 29 of 212

Jan 2021
Country
Destination | Origin
: United States | Germany , $120M  | $4.92M

Jan 2021
Product
Exports | Imports
: Fish Fillets | Animal Food , $149M  | $4.3M

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

Exports: In 2020, Chile's Puerto Montt exported $3B, making it the 3rd largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Puerto Montt were Fish fillets: fresh or chilled, salmon,... ($827M), Fish: frozen, Pacific salmon (Oncorhynchus gorbuscha/keta/tschawytscha/... ($454M), Fish fillets: frozen, salmon, Pacific (Oncorhynchus... ($442M), Fish: fresh or chilled, Atlantic salmon... ($347M), and Fish: frozen, Atlantic salmon (Salmo salar)... ($317M).

Imports: In 2020, Chile's Puerto Montt imported $316M, making it the 21st largest importer out of the 248 importers in Chile. In 2020 top imports of Puerto Montt were Animal feed preparations nes ($43.6M), Wheat gluten ($25M), Industrial machine parts, food, drink preparation ($22.5M), Surveying, etc instruments nes ($10.6M), and Parts for radio/tv transmit/receive equipment, nes ($8.92M).

Economic Complexity: In 2019, the highest complexity exports of Puerto Montt according to the product complexity index (PCI) are Animal Food (-0.25), Fish Fillets (-1.2), Animal Meal and Pellets (-1.2), Processed Fish (-1.4), and Non-fillet Fresh Fish (-1.41). 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 Puerto Montt'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, $1.23B

Top Product (2020): Fish fillets: fresh or chilled, salmon,..., $827M

In 2020 the top export destinations of Puerto Montt were United States ($1.23B), Japan ($622M), Brazil ($265M), Russia ($161M), and China ($99.9M).

In 2020 the top exports of Puerto Montt were Fish fillets: fresh or chilled, salmon,... ($827M), Fish: frozen, Pacific salmon (Oncorhynchus gorbuscha/keta/tschawytscha/... ($454M), Fish fillets: frozen, salmon, Pacific (Oncorhynchus... ($442M), Fish: fresh or chilled, Atlantic salmon... ($347M), and Fish: frozen, Atlantic salmon (Salmo salar)... ($317M).

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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): Germany, $93.6M

Top Import (2020): Animal feed preparations nes, $43.6M

In 2020 the top import origins of Puerto Montt were Germany ($93.6M), Canada ($50.5M), Spain ($49.2M), United States ($22.2M), and Denmark ($17M).

In 2020 the top imports of Puerto Montt were Animal feed preparations nes ($43.6M), Wheat gluten ($25M), Industrial machine parts, food, drink preparation ($22.5M), Surveying, etc instruments nes ($10.6M), and Parts for radio/tv transmit/receive equipment, nes ($8.92M).

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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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Puerto Montt ranks 42nd 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. Puerto Montt it is in position 42nd 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 Puerto Montt already has a comparative advantage, are led by Crustaceans (0.041), Locust beans, seaweed, sugar beet, cane,... (0.021), Mixed Mineral or Chemical Fertilizers (0.017), Paper Containers (0.017), and Other Edible Preparations (0.015).

Most Complex Products by PCI

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The highest complexity exports of Puerto Montt according to the product complexity index (PCI) are Animal Food (-0.25), Fish Fillets (-1.2), Animal Meal and Pellets (-1.2), Processed Fish (-1.4), and Non-fillet Fresh Fish (-1.41). 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 Fish Fillets (349), Non-fillet Frozen Fish (203), Non-fillet Fresh Fish (143), Fish Oil (123), and Processed Fish (36.9).

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