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2022
Exports $16.9MWorld Rnk 36 / 186
Flag Rnk 187 / 1142
2022
Destination $811k United States
2021 - 2022
FASTEST GROWING MARKET $811kPeru
2022
PRODUCT COMPLEXITY IN Combustion Engines1.13Rnk 126 / 1025
2022
Imports $131MWorld Rnk 41 / 220
Flag Rnk 146 / 1203
2022
Origin $13.7M United States
2021 - 2022
FASTEST GROWING ORIGIN $13.7MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $16.9M in Combustion Engines, making it the 36th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 187th most exported product in Chile. The main destination of Combustion Engines exports from Chile are: United States ($12.4M), Peru ($1.14M), Bolivia ($1.14M), Argentina ($929k), and Brazil ($278k).

The fastest growing export markets for Combustion Engines of Chile between 2021 and 2022 were Peru ($811k), Bolivia ($539k), and Argentina ($308k).

Imports In 2022, Chile imported $131M in Combustion Engines, becoming the 41st largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 146th most imported product in Chile. Chile imports Combustion Engines primarily from: United States ($86.1M), United Kingdom ($8.98M), China ($7.65M), Japan ($5.14M), and South Korea ($4.31M).

The fastest growing import markets in Combustion Engines for Chile between 2021 and 2022 were United States ($13.7M), Denmark ($880k), and Netherlands ($624k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Combustion Engines exports accounted up to $7.29M and imports accounted up to $4.82M, resulting in a positive trade balance of $2.47M. Between August 2023 and August 2024 the exports of Chile's   Combustion Engines have increased by $6.01M (470%) from $1.28M to $7.29M, while imports increased by $824k (20.6%) from $3.99M to $4.82M.

Destinations In August 2024, Combustion Engines were exported mostly to United States ($6.2M), Peru ($801k), Argentina ($238k), Germany ($37.7k), and Colombia ($4.82k), and were imported mostly from Switzerland ($3.14M), United States ($649k), China ($480k), France ($159k), and Uruguay ($114k).

Growth In August 2024, the increase in Combustion Engines's year-by-year exports was explained primarily by an increase in exports to United States ($770k or 197%), Peru ($31k or 378%), and Argentina ($27.1k or 25.1%). In August 2024, the increase in Combustion Engines's year-by-year imports was explained primarily by an increase in imports from Switzerland ($6.7M or 1.41k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.01M(470%)
IMPORT GROWTH (August 2023 - August 2024)$824k(20.6%)
MAIN EXPORTER (August 2024)Huechuraba$6.44M
MAIN DESTINATION (August 2024)United States$6.2M

This section shows Combustion Engines'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 Combustion Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.9M
IMPORTS (2022)$131M
NET TRADE (2022)-$114M

In 2022, Chile exported $16.9M in Combustion Engines. The main destinations of Chile exports on Combustion Engines were United States ($12.4M), Peru ($1.14M), Bolivia ($1.14M), Argentina ($929k), and Brazil ($278k).

In 2022, Chile imported $131M in Combustion Engines, mainly from United States ($86.1M), United Kingdom ($8.98M), China ($7.65M), Japan ($5.14M), and South Korea ($4.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$811k (245%)
Bolivia$539k (89.3%)
Argentina$308k (49.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Chile WERE (2021 - 2022):
Australia-$3.6M (-99.6%)
United States-$2.19M (-15%)
Mexico-$613k (-82.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Combustion Engines were:
United States $8.39B
Germany $5.58B
Japan $4.24B
In 2022, Chile's main importing competitors in Combustion Engines were:
United States $5.93B
Mexico $5.75B
Germany $3.93B

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.55M
TOP IMPORT POTENTIALChina+ $4.82M

Combustion Engines’s highest export potential is United States. With an export gap of $4.55M.   Combustion Engines’s highest import potential is China with an import gap of $4.82M.

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