Rancagua

2019
Economic
Complexity
: -0.76, Rank 25 of 44

Jan 2021
Trade
Exports | Imports
: $108M | $23.7M, 10 of 207 | 25 of 212

Jan 2021
Country
Destination | Origin
: China | Spain , $54.2M  | $13M

Jan 2021
Product
Exports | Imports
: Pig Meat | Yeast , $29M  | $5.21M

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

Exports: In 2020, Chile's Rancagua exported $1.15B, making it the 7th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Rancagua were Swine cuts, frozen nes ($347M), Meat and edible offal: of fowls... ($226M), Hams, shoulders and cuts, of swine,... ($104M), Swine edible offal, frozen except livers ($78M), and Meat and edible offal: of turkeys,... ($56.5M).

Imports: In 2020, Chile's Rancagua imported $154M, making it the 31st largest importer out of the 248 importers in Chile. In 2020 top imports of Rancagua were Bovine cuts boneless, fresh or chilled ($24.2M), Urea, including aqueous solution in packs... ($5.98M), Parts of agricultural machinery ($5.22M), Electrical relays for < 60 volts ($4.73M), and Swine cuts, frozen nes ($4.58M).

Economic Complexity: In 2019, the highest complexity exports of Rancagua according to the product complexity index (PCI) are Pig Meat (0.81), Stone Processing Machines (0.57), Animal Fat (0.53), Other Uncoated Paper (0.49), and Poultry Meat (-0.054). 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 Rancagua'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, $524M

Top Product (2020): Swine cuts, frozen nes, $347M

In 2020 the top export destinations of Rancagua were China ($524M), United States ($128M), South Korea ($96.3M), Japan ($73.6M), and Mexico ($58M).

In 2020 the top exports of Rancagua were Swine cuts, frozen nes ($347M), Meat and edible offal: of fowls... ($226M), Hams, shoulders and cuts, of swine,... ($104M), Swine edible offal, frozen except livers ($78M), and Meat and edible offal: of turkeys,... ($56.5M).

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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): United States, $32.9M

Top Import (2020): Bovine cuts boneless, fresh or chilled, $24.2M

In 2020 the top import origins of Rancagua were United States ($32.9M), Italy ($30M), Paraguay ($26.9M), Brazil ($19M), and Chile ($9.71M).

In 2020 the top imports of Rancagua were Bovine cuts boneless, fresh or chilled ($24.2M), Urea, including aqueous solution in packs... ($5.98M), Parts of agricultural machinery ($5.22M), Electrical relays for < 60 volts ($4.73M), and Swine cuts, frozen nes ($4.58M).

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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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Rancagua ranks 25th 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. Rancagua it is in position 25th 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 Rancagua already has a comparative advantage, are led by Citrus (0.045), Dried Fruits (0.039), Locust beans, seaweed, sugar beet, cane,... (0.039), Salt (0.039), and Processed Fish (0.039).

Most Complex Products by PCI

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The highest complexity exports of Rancagua according to the product complexity index (PCI) are Pig Meat (0.81), Stone Processing Machines (0.57), Animal Fat (0.53), Other Uncoated Paper (0.49), and Poultry Meat (-0.054). 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 Animal Fat (686), Poultry Meat (191), Pig Meat (164), Pitted Fruits (128), and Edible Offal (115).

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