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2022
Exports $399kWorld Rnk 87 / 161
Flag Rnk 685 / 1142
2022
Destination $34.8k United States
2021 - 2022
FASTEST GROWING MARKET $34.8kCanada
2022
PRODUCT COMPLEXITY IN Bananas-1.99Rnk 1001 / 1025
2022
Imports $119MWorld Rnk 24 / 196
Flag Rnk 158 / 1203
2022
Origin $6.44M Ecuador
2021 - 2022
FASTEST GROWING ORIGIN $6.44MEcuador
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $399k in Bananas, making it the 87th largest exporter of Bananas in the world. At the same year, Bananas was the 685th most exported product in Chile. The main destination of Bananas exports from Chile are: United States ($266k), Canada ($36.2k), Peru ($33.9k), Switzerland ($20.5k), and United Kingdom ($12.7k).

The fastest growing export markets for Bananas of Chile between 2021 and 2022 were Canada ($34.8k), Switzerland ($20.4k), and United Kingdom ($12.7k).

Imports In 2022, Chile imported $119M in Bananas, becoming the 24th largest importer of Bananas in the world. At the same year, Bananas was the 158th most imported product in Chile. Chile imports Bananas primarily from: Ecuador ($119M), Bolivia ($228k), Paraguay ($62.5k), Philippines ($60.9k), and Vietnam ($60.2k).

The fastest growing import markets in Bananas for Chile between 2021 and 2022 were Ecuador ($6.44M), Paraguay ($62.5k), and Vietnam ($58.7k).

Latest Trends

January 2024

About

Overview In January 2024 Chile's Bananas exports accounted up to $720 and imports accounted up to $5.43M, resulting in a negative trade balance of $5.43M. Between November 2022 and January 2024 the exports of Chile's   Bananas have decreased by $-108k (-99.3%) from $109k to $720, while imports increased by $632k (13.2%) from $4.8M to $5.43M.

Destinations In January 2024, Bananas were exported mostly to , and were imported mostly from Ecuador ($5.43M).

Growth In January 2024, the decrease in Bananas's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Bananas's year-by-year imports was explained primarily by an increase in imports from Ecuador ($2.31M or 114%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - January 2024)$-108k(-99.3%)
IMPORT GROWTH (August 2023 - August 2024)$632k(13.2%)
MAIN EXPORTER (January 2024)Las Condes$720
MAIN DESTINATION (January 2024)

This section shows Bananas'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 Bananas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$399k
IMPORTS (2022)$119M
NET TRADE (2022)-$119M

In 2022, Chile exported $399k in Bananas. The main destinations of Chile exports on Bananas were United States ($266k), Canada ($36.2k), Peru ($33.9k), Switzerland ($20.5k), and United Kingdom ($12.7k).

In 2022, Chile imported $119M in Bananas, mainly from Ecuador ($119M), Bolivia ($228k), Paraguay ($62.5k), Philippines ($60.9k), and Vietnam ($60.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Canada$34.8k (2.48k%)
Switzerland$20.4k (17.6k%)
United Kingdom$12.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Chile WERE (2021 - 2022):
Norway-$28.2k (-85.8%)
New Zealand-$3.01k (-100%)
Germany-$2.17k (-15.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Bananas were:
Ecuador $3.68B
Philippines $1.41B
Costa Rica $1.22B
In 2022, Chile's main importing competitors in Bananas were:
United States $2.7B
China $1.06B
Japan $797M

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $294k
TOP IMPORT POTENTIALBolivia+ $482k

Bananas’s highest export potential is United States. With an export gap of $294k.   Bananas’s highest import potential is Bolivia with an import gap of $482k.

See methodology.

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