Valparaíso

2019
Economic
Complexity
: -0.78, Rank 27 of 44

Jan 2021
Trade
Exports | Imports
: $18.6M | $19.2M, 32 of 207 | 28 of 212

Jan 2021
Country
Destination | Origin
: Brazil | France , $3.79M  | $4.38M

Jan 2021
Product
Exports | Imports
: Commodities not elsewhere specified | Railway Cargo Containers , $6.12M  | $5.74M

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

Exports: In 2020, Chile's Valparaíso exported $250M, making it the 23rd largest exporter out of the 248 exporters in Chile. In 2020 the top exports of Valparaíso were Commodities not specified according to kind ($130M), Self-adhesive plates, sheets, film, plastic, w... ($28.9M), Vegetable saps and extracts nes ($20.1M), Paper and paperboard: self-adhesive, in rolls... ($15M), and Molluscs; cuttle fish and squid, whether... ($12.5M).

Imports: In 2020, Chile's Valparaíso imported $292M, making it the 22nd largest importer out of the 248 importers in Chile. In 2020 top imports of Valparaíso were Cargo containers designed for carriage ($80.2M), Parts for diesel and semi-diesel engines ($18.7M), Tankers ($7.75M), Refined sugar, in solid form, nes,... ($7.04M), and Parts and accessories of data processing... ($6.97M).

Economic Complexity: In 2019, the highest complexity exports of Valparaíso according to the product complexity index (PCI) are Self-adhesive Plastics (1.38), Cellulose Fibers Paper (0.47), Chlorides (0.12), Coffee and Tea Extracts (-0.57), and Bulbs and Roots (-0.59). 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 Valparaíso'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): Areas, $59.7M

Top Product (2020): Commodities not specified according to kind, $130M

In 2020 the top export destinations of Valparaíso were Areas ($59.7M), Chile ($40.8M), Brazil ($26.3M), United States ($14.3M), and Sweden ($12.7M).

In 2020 the top exports of Valparaíso were Commodities not specified according to kind ($130M), Self-adhesive plates, sheets, film, plastic, w... ($28.9M), Vegetable saps and extracts nes ($20.1M), Paper and paperboard: self-adhesive, in rolls... ($15M), and Molluscs; cuttle fish and squid, whether... ($12.5M).

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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, $47M

Top Import (2020): Cargo containers designed for carriage, $80.2M

In 2020 the top import origins of Valparaíso were United States ($47M), Spain ($30.5M), Hong Kong ($28.9M), China ($23M), and Denmark ($18.7M).

In 2020 the top imports of Valparaíso were Cargo containers designed for carriage ($80.2M), Parts for diesel and semi-diesel engines ($18.7M), Tankers ($7.75M), Refined sugar, in solid form, nes,... ($7.04M), and Parts and accessories of data processing... ($6.97M).

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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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Valparaíso ranks 27th 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. Valparaíso it is in position 27th 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 Valparaíso already has a comparative advantage, are led by Processed Crustaceans (0.037), Other Fruits (0.036), Non-fillet Fresh Fish (0.034), Other Processed Fruits and Nuts (0.033), and Pitted Fruits (0.033).

Most Complex Products by PCI

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The highest complexity exports of Valparaíso according to the product complexity index (PCI) are Self-adhesive Plastics (1.38), Cellulose Fibers Paper (0.47), Chlorides (0.12), Coffee and Tea Extracts (-0.57), and Bulbs and Roots (-0.59). 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 Chlorides (229), Self-adhesive Plastics (107), Molluscs (86.7), Other Vegetable Products (68.6), and Halogens (60.9).

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