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2023
Exports $375kWorld Rnk 88 / 163
Flag Rnk 677 / 1133
2023
Destination $82.1k United States
2022 - 2023
FASTEST GROWING MARKET $82.1kAustria
2023
PRODUCT COMPLEXITY IN Bananas-1.96Rnk 995 / 1025
2023
Imports $111MWorld Rnk 28 / 203
Flag Rnk 144 / 1199
2023
Origin $48.5k Ecuador
2022 - 2023
FASTEST GROWING ORIGIN $48.5kUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $375k in Bananas, making it the 88th largest exporter of Bananas in the world. At the same year, Bananas was the 677th most exported product in Chile. The main destination of Bananas exports from Chile are: United States ($223k), Austria ($82.3k), United Kingdom ($19.2k), Ecuador ($14.7k), and Saudi Arabia ($13.5k).

The fastest growing export markets for Bananas of Chile between 2022 and 2023 were Austria ($82.1k), Saudi Arabia ($13.5k), and United Kingdom ($6.48k).

Imports In 2023, Chile imported $111M in Bananas, becoming the 28th largest importer of Bananas in the world. At the same year, Bananas was the 144th most imported product in Chile. Chile imports Bananas primarily from: Ecuador ($111M), Peru ($78.1k), Colombia ($66.9k), Bolivia ($57.3k), and United States ($48.6k).

The fastest growing import markets in Bananas for Chile between 2022 and 2023 were United States ($48.5k), Colombia ($36.9k), and Czechia ($83).

Latest Trends

October 2024

About

Overview In October 2024 Chile's Bananas exports accounted up to $1.77k and imports accounted up to $7.38M, resulting in a negative trade balance of $7.38M. Between December 2022 and October 2024 the exports of Chile's   Bananas have increased by $550 (45.1%) from $1.22k to $1.77k, while imports increased by $4.83M (190%) from $2.55M to $7.38M.

Destinations In October 2024, Bananas were exported mostly to , and were imported mostly from Ecuador ($7.36M), Switzerland ($12.9k), and Bolivia ($5.3k).

Growth In October 2024, the increase in Bananas's year-by-year exports was explained primarily by an increase in exports to . In November 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 (December 2022 - October 2024)$550(45.1%)
IMPORT GROWTH (November 2023 - November 2024)$4.83M(190%)
MAIN EXPORTER (October 2024)Buin$1.77k
MAIN DESTINATION (October 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 (2023)$375k
IMPORTS (2023)$111M
NET TRADE (2023)-$111M

In 2023, Chile exported $375k in Bananas. The main destinations of Chile exports on Bananas were United States ($223k), Austria ($82.3k), United Kingdom ($19.2k), Ecuador ($14.7k), and Saudi Arabia ($13.5k).

In 2023, Chile imported $111M in Bananas, mainly from Ecuador ($111M), Peru ($78.1k), Colombia ($66.9k), Bolivia ($57.3k), and United States ($48.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Austria$82.1k (43k%)
Saudi Arabia$13.5k (1%)
United Kingdom$6.48k (50.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Chile WERE (2022 - 2023):
United States-$83.1k (-27.1%)
Canada-$40.8k (-99.5%)
Switzerland-$16.6k (-81%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Bananas were:
Ecuador $4.51B
Costa Rica $1.74B
Guatemala $1.55B
In 2023, Chile's main importing competitors in Bananas were:
United States $2.99B
China $1.21B
Japan $940M

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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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