Santiago

2019
Economic
Complexity
: -0.83, Rank 31 of 44

Jan 2021
Trade
Exports | Imports
: $1.67B | $720M, 2 of 207 | 2 of 212

Jan 2021
Country
Destination | Origin
: China | United States , $986M  | $264M

Jan 2021
Product
Exports | Imports
: Refined Copper | Computers , $567M  | $93.6M

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

Exports: In 2020, Chile's Santiago exported $15.9B, making it the 2nd largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Santiago were Copper cathodes and sections of cathodes... ($6.19B), Copper ores and concentrates ($4.61B), Chem wood pulp, soda or sulphate,... ($848M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($839M), and Unrefined copper, copper anodes, electrolytic refinin ($670M).

Imports: In 2020, Chile's Santiago imported $7B, making it the 2nd largest importer out of the 248 importers in Chile. In 2020 top imports of Santiago were Electronic integrated circuits: memories ($614M), Units of automatic data processing machines:... ($484M), Communication apparatus (excluding telephone sets or... ($263M), Automatic data processing machines: portable, weighing... ($229M), and Bovine cuts boneless, fresh or chilled ($154M).

Economic Complexity: In 2019, the highest complexity exports of Santiago according to the product complexity index (PCI) are Kaolin Coated Paper (0.87), Other Metals (0.37), Propylene Polymers (0.29), Uncoated Kraft Paper (-0.062), and Fuel Wood (-0.25). 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 Santiago'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, $8.35B

Top Product (2020): Copper cathodes and sections of cathodes..., $6.19B

In 2020 the top export destinations of Santiago were China ($8.35B), United States ($1.88B), South Korea ($754M), Brazil ($571M), and Japan ($514M).

In 2020 the top exports of Santiago were Copper cathodes and sections of cathodes... ($6.19B), Copper ores and concentrates ($4.61B), Chem wood pulp, soda or sulphate,... ($848M), Chem wood pulp, soda/sulphate, non-conifer, bleached ($839M), and Unrefined copper, copper anodes, electrolytic refinin ($670M).

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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, $3.1B

Top Import (2020): Electronic integrated circuits: memories, $614M

In 2020 the top import origins of Santiago were United States ($3.1B), China ($825M), Brazil ($511M), Spain ($335M), and Hong Kong ($315M).

In 2020 the top imports of Santiago were Electronic integrated circuits: memories ($614M), Units of automatic data processing machines:... ($484M), Communication apparatus (excluding telephone sets or... ($263M), Automatic data processing machines: portable, weighing... ($229M), and Bovine cuts boneless, fresh or chilled ($154M).

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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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Santiago ranks 31st 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. Santiago it is in position 31st 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 Santiago already has a comparative advantage, are led by Gold (0.039), Other Fruits (0.038), Onions (0.038), Rough Wood (0.036), and Crustaceans (0.036).

Most Complex Products by PCI

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The highest complexity exports of Santiago according to the product complexity index (PCI) are Kaolin Coated Paper (0.87), Other Metals (0.37), Propylene Polymers (0.29), Uncoated Kraft Paper (-0.062), and Fuel Wood (-0.25). 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 Molybdenum Ore (136), Refined Copper (99.4), Copper Ore (89.7), Sulfate Chemical Woodpulp (80.5), and Raw Copper (29.6).

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