Puerto Varas

2019
Economic
Complexity
: -0.82, Rank 29 of 44

Jan 2021
Trade
Exports | Imports
: $42.3M | $7.33M, 20 of 207 | 37 of 212

Jan 2021
Country
Destination | Origin
: United States | Norway , $17M  | $3.86M

Jan 2021
Product
Exports | Imports
: Fish Fillets | Passenger and Cargo Ships , $25.4M  | $3.08M

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

Exports: In 2020, Chile's Puerto Varas exported $466M, making it the 16th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Puerto Varas were Fish fillets: fresh or chilled, salmon,... ($107M), Fish: frozen, Atlantic salmon (Salmo salar)... ($103M), Fish fillets: frozen, trout (Salmo trutta,... ($47.5M), Fish: fresh or chilled, Atlantic salmon... ($47.5M), and Fish meat, excluding fillets, whether or... ($32.5M).

Imports: In 2020, Chile's Puerto Varas imported $158M, making it the 30th largest importer out of the 248 importers in Chile. In 2020 top imports of Puerto Varas were Synthetic organic colouring matter nes ($23.6M), Cargo vessels other than tanker or... ($12.1M), Food preparations nes ($10.3M), Vitamins nes, derivatives, unmixed ($7.63M), and Vitamin B3 & B5, D-or DL-panthothenic... ($6.09M).

Economic Complexity: In 2019, the highest complexity exports of Puerto Varas according to the product complexity index (PCI) are Animal Food (-0.25), Fish Fillets (-1.2), Processed Fish (-1.4), Non-fillet Fresh Fish (-1.41), and Processed Fish (-1.46). 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 Varas'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, $165M

Top Product (2020): Fish fillets: fresh or chilled, salmon,..., $107M

In 2020 the top export destinations of Puerto Varas were United States ($165M), Russia ($87.7M), Japan ($79.2M), Brazil ($34.5M), and China ($17.8M).

In 2020 the top exports of Puerto Varas were Fish fillets: fresh or chilled, salmon,... ($107M), Fish: frozen, Atlantic salmon (Salmo salar)... ($103M), Fish fillets: frozen, trout (Salmo trutta,... ($47.5M), Fish: fresh or chilled, Atlantic salmon... ($47.5M), and Fish meat, excluding fillets, whether or... ($32.5M).

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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): Switzerland, $80.2M

Top Import (2020): Synthetic organic colouring matter nes, $23.6M

In 2020 the top import origins of Puerto Varas were Switzerland ($80.2M), Norway ($43.3M), Brazil ($10.4M), United States ($3.86M), and China ($3.35M).

In 2020 the top imports of Puerto Varas were Synthetic organic colouring matter nes ($23.6M), Cargo vessels other than tanker or... ($12.1M), Food preparations nes ($10.3M), Vitamins nes, derivatives, unmixed ($7.63M), and Vitamin B3 & B5, D-or DL-panthothenic... ($6.09M).

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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 Varas ranks 29th 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 Varas it is in position 29th 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 Varas already has a comparative advantage, are led by Other Edible Preparations (0.014), Insulated Wire (0.014), Plastic Pipes (0.012), Glass Bottles (0.012), and Plastic Lids (0.012).

Most Complex Products by PCI

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The highest complexity exports of Puerto Varas according to the product complexity index (PCI) are Animal Food (-0.25), Fish Fillets (-1.2), Processed Fish (-1.4), Non-fillet Fresh Fish (-1.41), and Processed Fish (-1.46). 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 (313), Non-fillet Frozen Fish (204), Non-fillet Fresh Fish (193), Other Vegetable Products (11.9), and Processed Fish (7.07).

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