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2023
Exports $43.9MWorld Rnk 8 / 77
Flag Rnk 109 / 1133
2023
Destination $4M Mexico
2022 - 2023
FASTEST GROWING MARKET $4MMexico
2023
PRODUCT COMPLEXITY IN Animal Fat0.44Rnk 389 / 1025
2023
Imports $6.34MWorld Rnk 31 / 162
Flag Rnk 636 / 1199
2023
Origin $2.61M United States
2022 - 2023
FASTEST GROWING ORIGIN $2.61MUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $43.9M in Animal Fat, making it the 8th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 109th most exported product in Chile. The main destination of Animal Fat exports from Chile are: Mexico ($12.6M), China ($7.11M), Colombia ($4.79M), Japan ($4.28M), and Brazil ($3.62M).

The fastest growing export markets for Animal Fat of Chile between 2022 and 2023 were Mexico ($4M), Japan ($1.51M), and Colombia ($1.49M).

Imports In 2023, Chile imported $6.34M in Animal Fat, becoming the 31st largest importer of Animal Fat in the world. At the same year, Animal Fat was the 636th most imported product in Chile. Chile imports Animal Fat primarily from: United States ($2.91M), Germany ($2.64M), Spain ($681k), Canada ($91.3k), and Italy ($10.4k).

The fastest growing import markets in Animal Fat for Chile between 2022 and 2023 were United States ($2.61M), Germany ($865k), and Spain ($66.5k).

Latest Trends

December 2024

About

Overview In December 2024 Chile's Animal Fat exports accounted up to $2.99M and imports accounted up to $121k, resulting in a positive trade balance of $2.87M. Between December 2023 and December 2024 the exports of Chile's   Animal Fat have increased by $27.3k (0.92%) from $2.97M to $2.99M, while imports increased by $17.6k (17%) from $103k to $121k.

Destinations In December 2024, Animal Fat were exported mostly to China ($1.08M), Mexico ($829k), Colombia ($266k), Brazil ($182k), and Philippines ($137k), and were imported mostly from N/A.

Growth In December 2024, the increase in Animal Fat's year-by-year exports was explained primarily by an increase in exports to N/A. In December 2024, the increase in Animal Fat's year-by-year imports was explained primarily by an increase in imports from Italy ($55.8k or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$27.3k(0.92%)
IMPORT GROWTH (February 2023 - December 2024)$17.6k(17%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)China$1.08M

This section shows Animal Fat'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 Animal Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$43.9M
IMPORTS (2023)$6.34M
NET TRADE (2023)$37.6M

In 2023, Chile exported $43.9M in Animal Fat. The main destinations of Chile exports on Animal Fat were Mexico ($12.6M), China ($7.11M), Colombia ($4.79M), Japan ($4.28M), and Brazil ($3.62M).

In 2023, Chile imported $6.34M in Animal Fat, mainly from United States ($2.91M), Germany ($2.64M), Spain ($681k), Canada ($91.3k), and Italy ($10.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Mexico$4M (46.5%)
Japan$1.51M (54.6%)
Colombia$1.49M (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Chile WERE (2022 - 2023):
Brazil-$4M (-52.5%)
Russia-$369k (-100%)
Philippines-$56.9k (-3.03%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Animal Fat were:
Spain $186M
Germany $121M
Canada $79.1M
In 2023, Chile's main importing competitors in Animal Fat were:
Philippines $86.9M
Japan $78.5M
Belgium $58.1M

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $183k
TOP IMPORT POTENTIALCanada+ $95.3k

Animal Fat’s highest export potential is South Korea. With an export gap of $183k.   Animal Fat’s highest import potential is Canada with an import gap of $95.3k.

See methodology.

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