Motor vehicles; parts and accessories (8701 to 8705) in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $120M in Motor vehicles; parts and accessories (8701 to 8705), making it the 56th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 68th most exported product in Chile. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Chile are: Brazil ($40.3M), Argentina ($18.8M), United States ($18.4M), Colombia ($15M), and Bolivia ($8.93M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Chile between 2021 and 2022 were Argentina ($5.1M), United States ($3.97M), and Colombia ($3.56M).

Imports In 2022, Chile imported $746M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 49th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 16th most imported product in Chile. Chile imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($223M), United States ($151M), South Korea ($77.7M), Brazil ($51.7M), and Japan ($33M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Chile between 2021 and 2022 were China ($23.9M), United States ($13.3M), and Japan ($9.08M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Chile to the United States.

Latest Trends

January 2024

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Overview In January 2024 Chile's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to $7.72M and imports accounted up to $78.8M, resulting in a negative trade balance of $71.1M. Between January 2023 and January 2024 the exports of Chile's Motor vehicles; parts and accessories (8701 to 8705) have decreased by $-538k (-6.52%) from $8.26M to $7.72M, while imports decreased by $-13.8M (-14.9%) from $92.7M to $78.8M.

Destinations In January 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to United States ($2.53M), Brazil ($2.49M), Argentina ($1.1M), Colombia ($789k), and Mexico ($231k), and were imported mostly from United States ($25.4M), Switzerland ($19.7M), Brazil ($10.5M), China ($6.18M), and Germany ($3.28M).

Growth In January 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to Mexico ($-216k or -59%), Peru ($-53.7k or -16%), and Ecuador ($-12.3k or -98.1%). In January 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-36.5M or -80.8%), Germany ($-32.8M or -93.9%), and South Korea ($-15M or -97%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-538k(-6.52%)

IMPORT GROWTH (January 2023 - January 2024)$-13.8M(-14.9%)

MAIN EXPORTER (January 2024)Los Andes$4.55M

MAIN DESTINATION (January 2024)United States$2.53M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'s exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Motor vehicles; parts and accessories (8701 to 8705) over time.

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