Baked Goods in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $18.3M in Baked Goods, making it the 85th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 180th most exported product in Chile. The main destination of Baked Goods exports from Chile are: Paraguay ($3.79M), Brazil ($3.32M), Bolivia ($2.79M), Peru ($1.09M), and United States ($998k).

The fastest growing export markets for Baked Goods of Chile between 2021 and 2022 were Paraguay ($932k), Brazil ($817k), and Bolivia ($725k).

Imports In 2022, Chile imported $177M in Baked Goods, becoming the 46th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 103rd most imported product in Chile. Chile imports Baked Goods primarily from: Peru ($28.7M), Spain ($24.3M), Argentina ($20M), United States ($13.3M), and Germany ($11.1M).

The fastest growing import markets in Baked Goods for Chile between 2021 and 2022 were Peru ($4.77M), France ($1.23M), and Ecuador ($1.03M).

Latest Trends

February 2024

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Overview In February 2024 Chile's Baked Goods exports accounted up to $1.69M and imports accounted up to $4.13M, resulting in a negative trade balance of $2.44M. Between February 2023 and February 2024 the exports of Chile's Baked Goods have decreased by $-204k (-10.8%) from $1.89M to $1.69M, while imports increased by $352k (9.32%) from $3.78M to $4.13M.

Destinations In February 2024, Baked Goods were exported mostly to Paraguay ($463k), Uruguay ($447k), Brazil ($251k), Cuba ($146k), and Honduras ($87k), and were imported mostly from Argentina ($1.38M), Turkey ($1.21M), United States ($436k), Ecuador ($250k), and China ($194k).

Growth In February 2024, the decrease in Baked Goods's year-by-year exports was explained primarily by a decrease in exports to Cuba ($-61.7k or -53.8%), Costa Rica ($-41.4k or -62.4%), and Ecuador ($-31.5k or -78%). In February 2024, the increase in Baked Goods's year-by-year imports was explained primarily by an increase in imports from Brazil ($127k or 64.2%), Turkey ($100k or 37.1%), and Paraguay ($95.2k or 128k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-204k(-10.8%)

IMPORT GROWTH (February 2023 - February 2024)$352k(9.32%)

MAIN EXPORTER (February 2024)Cerrillos$1.27M

MAIN DESTINATION (February 2024)Paraguay$463k

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$18.3M

IMPORTS (2022)$177M

NET TRADE (2022)-$158M

In 2022, Chile exported $18.3M in Baked Goods. The main destinations of Chile exports on Baked Goods were Paraguay ($3.79M), Brazil ($3.32M), Bolivia ($2.79M), Peru ($1.09M), and United States ($998k).

In 2022, Chile imported $177M in Baked Goods, mainly from Peru ($28.7M), Spain ($24.3M), Argentina ($20M), United States ($13.3M), and Germany ($11.1M).

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