Talcahuano

2019
Economic
Complexity
: -0.62, Rank 19 of 44

Jan 2021
Trade
Exports | Imports
: $24.7M | $2.88M, 28 of 207 | 56 of 212

Jan 2021
Country
Destination | Origin
: Peru | United States , $9.76M  | $906k

Jan 2021
Product
Exports | Imports
: Other Steel Bars | Interchangeable Tool Parts , $7.6M  | $390k

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

Exports: In 2020, Chile's Talcahuano exported $303M, making it the 20th largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Talcahuano were Bar/rod, alloy steel nes,nfw hot rolled/drawn/extrude ($90.5M), Balls, iron/steel, forged/stamped for grinding mills ($50.9M), Wood in chips, non-coniferous ($41.1M), Coke, semi-coke of coal, lignite, peat... ($25.2M), and Fish: frozen, jack and horse mackerel... ($23.1M).

Imports: In 2020, Chile's Talcahuano imported $130M, making it the 34th largest importer out of the 248 importers in Chile. In 2020 top imports of Talcahuano were Iron or non-alloy steel: in coils,... ($46M), Iron or non-alloy steel: in coils,... ($10.6M), Parts of electrical machines and apparatus... ($4.77M), Gaskets, washers and other seals of... ($3.18M), and Ferro-chromium, >4% carbon ($2.15M).

Economic Complexity: In 2019, the highest complexity exports of Talcahuano according to the product complexity index (PCI) are Other Iron Products (0.78), Iron Structures (0.5), Other Steel Bars (0.31), Specialized Vehicles (-0.15), 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 Talcahuano'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): Peru, $98.8M

Top Product (2020): Bar/rod, alloy steel nes,nfw hot rolled/drawn/extrude, $90.5M

In 2020 the top export destinations of Talcahuano were Peru ($98.8M), Brazil ($42.3M), China ($31.6M), Japan ($26.8M), and Mexico ($16.7M).

In 2020 the top exports of Talcahuano were Bar/rod, alloy steel nes,nfw hot rolled/drawn/extrude ($90.5M), Balls, iron/steel, forged/stamped for grinding mills ($50.9M), Wood in chips, non-coniferous ($41.1M), Coke, semi-coke of coal, lignite, peat... ($25.2M), and Fish: frozen, jack and horse mackerel... ($23.1M).

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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): China, $66M

Top Import (2020): Iron or non-alloy steel: in coils,..., $46M

In 2020 the top import origins of Talcahuano were China ($66M), United States ($11.2M), Austria ($11.2M), Brazil ($11M), and United Kingdom ($6.55M).

In 2020 the top imports of Talcahuano were Iron or non-alloy steel: in coils,... ($46M), Iron or non-alloy steel: in coils,... ($10.6M), Parts of electrical machines and apparatus... ($4.77M), Gaskets, washers and other seals of... ($3.18M), and Ferro-chromium, >4% carbon ($2.15M).

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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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Talcahuano ranks 19th 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. Talcahuano it is in position 19th 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 Talcahuano already has a comparative advantage, are led by Crustaceans (0.033), Processed Crustaceans (0.029), Processed Fish (0.028), Scrap Aluminium (0.027), and Non-Iron and Steel Slag, Ash and... (0.023).

Most Complex Products by PCI

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The highest complexity exports of Talcahuano according to the product complexity index (PCI) are Other Iron Products (0.78), Iron Structures (0.5), Other Steel Bars (0.31), Specialized Vehicles (-0.15), 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 Other Steel Bars (437), Fuel Wood (376), Molluscs (87.5), Other Iron Products (66.7), and Non-fillet Frozen Fish (40.2).

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