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Exports In 2022, Chile exported $7.7M in Borax, making it the 5th largest exporter of Borax in the world. At the same year, Borax was the 278th most exported product in Chile. The main destination of Borax exports from Chile are: Brazil ($5.97M), Mexico ($924k), New Zealand ($488k), Canada ($109k), and Malaysia ($65.7k).

The fastest growing export markets for Borax of Chile between 2021 and 2022 were Mexico ($312k), Canada ($109k), and Colombia ($41.4k).

Imports In 2022, Chile imported $2.07M in Borax, becoming the 28th largest importer of Borax in the world. At the same year, Borax was the 866th most imported product in Chile. Chile imports Borax primarily from: Bolivia ($2.03M) and Peru ($39.5k).

The fastest growing import markets in Borax for Chile between 2021 and 2022 were Bolivia ($1.94M) and Peru ($39.5k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Borax. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.7M
IMPORTS (2022)$2.07M
NET TRADE (2022)$5.64M

In 2022, Chile exported $7.7M in Borax. The main destinations of Chile exports on Borax were Brazil ($5.97M), Mexico ($924k), New Zealand ($488k), Canada ($109k), and Malaysia ($65.7k).

In 2022, Chile imported $2.07M in Borax, mainly from Bolivia ($2.03M) and Peru ($39.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Mexico$312k (51.1%)
Canada$109k (1%)
Colombia$41.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Chile WERE (2021 - 2022):
New Zealand-$951k (-66.1%)
Brazil-$851k (-12.5%)
Indonesia-$219k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chile's main exporting competitors in Borax were:
In 2022, Chile's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $45.3k
TOP IMPORT POTENTIALBolivia+ $116k

Borax’s highest export potential is Malaysia. With an export gap of $45.3k.   Borax’s highest import potential is Bolivia with an import gap of $116k.

See methodology.

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