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2022
Exports $33.6MWorld Rnk 35 / 186
Flag Rnk 131 / 1142
2022
Destination $4.32M United States
2021 - 2022
FASTEST GROWING MARKET $4.32MIreland
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts-0.5Rnk 703 / 1025
2022
Imports $88.8MWorld Rnk 34 / 221
Flag Rnk 193 / 1203
2022
Origin $14.9M Colombia
2021 - 2022
FASTEST GROWING ORIGIN $14.9MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $33.6M in Coffee and Tea Extracts, making it the 35th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 131st most exported product in Chile. The main destination of Coffee and Tea Extracts exports from Chile are: United States ($10.2M), Ireland ($5.1M), Peru ($4.93M), Bolivia ($3.46M), and Colombia ($2.08M).

The fastest growing export markets for Coffee and Tea Extracts of Chile between 2021 and 2022 were Ireland ($4.32M), Bolivia ($1.32M), and Argentina ($339k).

Imports In 2022, Chile imported $88.8M in Coffee and Tea Extracts, becoming the 34th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 193rd most imported product in Chile. Chile imports Coffee and Tea Extracts primarily from: Colombia ($18.4M), China ($15.1M), Brazil ($14.5M), South Korea ($8.39M), and United Kingdom ($6.2M).

The fastest growing import markets in Coffee and Tea Extracts for Chile between 2021 and 2022 were China ($14.9M), Colombia ($6.24M), and Vietnam ($1.83M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Coffee and Tea Extracts exports accounted up to $3.05M and imports accounted up to $2.37M, resulting in a positive trade balance of $674k. Between August 2023 and August 2024 the exports of Chile's   Coffee and Tea Extracts have decreased by $-43.5k (-1.41%) from $3.09M to $3.05M, while imports decreased by $-2.05M (-46.3%) from $4.42M to $2.37M.

Destinations In August 2024, Coffee and Tea Extracts were exported mostly to United States ($1.26M), Colombia ($399k), Peru ($339k), South Korea ($194k), and Mexico ($180k), and were imported mostly from Brazil ($757k), Colombia ($612k), Argentina ($327k), Peru ($260k), and Paraguay ($243k).

Growth In August 2024, the decrease in Coffee and Tea Extracts's year-by-year exports was explained primarily by a decrease in exports to Ireland ($-463k or -77.4%), Peru ($-345k or -34.2%), and Colombia ($-315k or -80.3%). In August 2024, the decrease in Coffee and Tea Extracts's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-43.5k(-1.41%)
IMPORT GROWTH (August 2023 - August 2024)$-2.05M(-46.3%)
MAIN EXPORTER (August 2024)Providencia$2.57M
MAIN DESTINATION (August 2024)United States$1.26M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.6M
IMPORTS (2022)$88.8M
NET TRADE (2022)-$55.2M

In 2022, Chile exported $33.6M in Coffee and Tea Extracts. The main destinations of Chile exports on Coffee and Tea Extracts were United States ($10.2M), Ireland ($5.1M), Peru ($4.93M), Bolivia ($3.46M), and Colombia ($2.08M).

In 2022, Chile imported $88.8M in Coffee and Tea Extracts, mainly from Colombia ($18.4M), China ($15.1M), Brazil ($14.5M), South Korea ($8.39M), and United Kingdom ($6.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Ireland$4.32M (552%)
Bolivia$1.32M (61.5%)
Argentina$339k (41.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Chile WERE (2021 - 2022):
United States-$2.71M (-21%)
Peru-$1.61M (-24.7%)
Colombia-$1.23M (-37.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Coffee and Tea Extracts were:
Germany $992M
Brazil $722M
Spain $609M
In 2022, Chile's main importing competitors in Coffee and Tea Extracts were:
United States $945M
Germany $594M
Philippines $539M

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.95M
TOP IMPORT POTENTIALBrazil+ $2.15M

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $2.95M.   Coffee and Tea Extracts’s highest import potential is Brazil with an import gap of $2.15M.

See methodology.

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