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2023
Exports $6.95MWorld Rnk 42 / 146
Flag Rnk 279 / 1133
2023
Destination $1.41M United States
2022 - 2023
FASTEST GROWING MARKET $1.41MCosta Rica
2023
PRODUCT COMPLEXITY IN Butter0.079Rnk 528 / 1025
2023
Imports $20.1MWorld Rnk 62 / 224
Flag Rnk 418 / 1199
2023
Origin $3.01M New Zealand
2022 - 2023
FASTEST GROWING ORIGIN $3.01MArgentina
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $6.95M in Butter, making it the 42nd largest exporter of Butter in the world. At the same year, Butter was the 279th most exported product in Chile. The main destination of Butter exports from Chile are: United States ($3.1M), Germany ($1.43M), Costa Rica ($1.41M), Peru ($728k), and Mexico ($273k).

The fastest growing export markets for Butter of Chile between 2022 and 2023 were Costa Rica ($1.41M), Germany ($1.18M), and Peru ($620k).

Imports In 2023, Chile imported $20.1M in Butter, becoming the 62nd largest importer of Butter in the world. At the same year, Butter was the 418th most imported product in Chile. Chile imports Butter primarily from: New Zealand ($11.6M), Argentina ($3.96M), Uruguay ($1.64M), Brazil ($929k), and Ireland ($702k).

The fastest growing import markets in Butter for Chile between 2022 and 2023 were Argentina ($3.01M), Poland ($513k), and Germany ($316k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Butter exports accounted up to $846k and imports accounted up to $1.02M, resulting in a negative trade balance of $173k. Between November 2023 and November 2024 the exports of Chile's   Butter have increased by $319k (60.4%) from $527k to $846k, while imports decreased by $-146k (-12.5%) from $1.17M to $1.02M.

Destinations In November 2024, Butter were exported mostly to United States ($846k), and were imported mostly from United States ($466k), Argentina ($294k), and Brazil ($259k).

Growth In November 2024, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Butter's year-by-year imports was explained primarily by a decrease in imports from France ($-235k or -98.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$319k(60.4%)
IMPORT GROWTH (November 2023 - November 2024)$-146k(-12.5%)
MAIN EXPORTER (November 2024)Las Condes$1.01M
MAIN DESTINATION (November 2024)United States$846k

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.95M
IMPORTS (2023)$20.1M
NET TRADE (2023)-$13.1M

In 2023, Chile exported $6.95M in Butter. The main destinations of Chile exports on Butter were United States ($3.1M), Germany ($1.43M), Costa Rica ($1.41M), Peru ($728k), and Mexico ($273k).

In 2023, Chile imported $20.1M in Butter, mainly from New Zealand ($11.6M), Argentina ($3.96M), Uruguay ($1.64M), Brazil ($929k), and Ireland ($702k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Costa Rica$1.41M (1%)
Germany$1.18M (467%)
Peru$620k (573%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Chile WERE (2022 - 2023):
Mexico-$6.04M (-95.7%)
United States-$1.81M (-36.9%)
Dominican Republic-$397k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Butter were:
New Zealand $2.54B
Netherlands $1.83B
Ireland $1.52B
In 2023, Chile's main importing competitors in Butter were:
France $1.43B
Germany $899M
Netherlands $840M

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALArgentina+ $615k

Butter’s highest export potential is United States. With an export gap of $1.05M.   Butter’s highest import potential is Argentina with an import gap of $615k.

See methodology.

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