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2022
Exports $113MWorld Rnk 29 / 166
Flag Rnk 70 / 1142
2022
Destination $40.1M Colombia
2021 - 2022
FASTEST GROWING MARKET $40.1MColombia
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $58.1MWorld Rnk 69 / 224
Flag Rnk 258 / 1203
2022
Origin $8.97M United States
2021 - 2022
FASTEST GROWING ORIGIN $8.97MArgentina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $113M in Concentrated Milk, making it the 29th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 70th most exported product in Chile. The main destination of Concentrated Milk exports from Chile are: Colombia ($43.2M), United States ($35.1M), Peru ($8.35M), Costa Rica ($6.86M), and Mexico ($4.54M).

The fastest growing export markets for Concentrated Milk of Chile between 2021 and 2022 were Colombia ($40.1M), United States ($20.8M), and China ($2.64M).

Imports In 2022, Chile imported $58.1M in Concentrated Milk, becoming the 69th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 258th most imported product in Chile. Chile imports Concentrated Milk primarily from: United States ($23.2M), Argentina ($11.8M), Brazil ($5.85M), Peru ($4.79M), and Uruguay ($4.23M).

The fastest growing import markets in Concentrated Milk for Chile between 2021 and 2022 were Argentina ($8.97M), Brazil ($3.98M), and Belgium ($584k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Concentrated Milk exports accounted up to $7.21M and imports accounted up to $462k, resulting in a positive trade balance of $6.75M. Between August 2023 and August 2024 the exports of Chile's   Concentrated Milk have increased by $752k (11.6%) from $6.46M to $7.21M, while imports decreased by $-13.2k (-2.78%) from $475k to $462k.

Destinations In August 2024, Concentrated Milk were exported mostly to United States ($2.55M), Brazil ($2.02M), Colombia ($1.27M), Peru ($763k), and Costa Rica ($295k), and were imported mostly from Uruguay ($375k), Peru ($63.6k), China ($11.6k), Colombia ($11.2k), and Argentina ($167).

Growth In August 2024, the increase in Concentrated Milk's year-by-year exports was explained primarily by an increase in exports to Cuba ($255k or 73.6%), Honduras ($221k or 240%), and Costa Rica ($108k or 19.2%). In August 2024, the decrease in Concentrated Milk's year-by-year imports was explained primarily by a decrease in imports from France ($-48 or -43.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$752k(11.6%)
IMPORT GROWTH (August 2023 - August 2024)$-13.2k(-2.78%)
MAIN EXPORTER (August 2024)Las Condes$6.52M
MAIN DESTINATION (August 2024)United States$2.55M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$113M
IMPORTS (2022)$58.1M
NET TRADE (2022)$55.1M

In 2022, Chile exported $113M in Concentrated Milk. The main destinations of Chile exports on Concentrated Milk were Colombia ($43.2M), United States ($35.1M), Peru ($8.35M), Costa Rica ($6.86M), and Mexico ($4.54M).

In 2022, Chile imported $58.1M in Concentrated Milk, mainly from United States ($23.2M), Argentina ($11.8M), Brazil ($5.85M), Peru ($4.79M), and Uruguay ($4.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Colombia$40.1M (1.31k%)
United States$20.8M (145%)
China$2.64M (355%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Chile WERE (2021 - 2022):
Brazil-$2.57M (-100%)
Peru-$2.49M (-23%)
Bolivia-$1.46M (-42.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, Chile's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.12M
TOP IMPORT POTENTIALArgentina+ $3.39M

Concentrated Milk’s highest export potential is China. With an export gap of $5.12M.   Concentrated Milk’s highest import potential is Argentina with an import gap of $3.39M.

See methodology.

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