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2022
Exports $12.3MWorld Rnk 47 / 169
Flag Rnk 221 / 1142
2022
Destination $2.25M Peru
2021 - 2022
FASTEST GROWING MARKET $2.25MBrazil
2022
PRODUCT COMPLEXITY IN Cranes0.76Rnk 258 / 1025
2022
Imports $151MWorld Rnk 33 / 215
Flag Rnk 120 / 1203
2022
Origin $45.4M China
2021 - 2022
FASTEST GROWING ORIGIN $45.4MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $12.3M in Cranes, making it the 47th largest exporter of Cranes in the world. At the same year, Cranes was the 221st most exported product in Chile. The main destination of Cranes exports from Chile are: Peru ($3.63M), Brazil ($2.5M), Argentina ($1.84M), United States ($1.83M), and Mexico ($550k).

The fastest growing export markets for Cranes of Chile between 2021 and 2022 were Brazil ($2.25M), Argentina ($1.34M), and Mexico ($550k).

Imports In 2022, Chile imported $151M in Cranes, becoming the 33rd largest importer of Cranes in the world. At the same year, Cranes was the 120th most imported product in Chile. Chile imports Cranes primarily from: China ($56.9M), Italy ($17.4M), Germany ($10.8M), United States ($10.3M), and Spain ($9.37M).

The fastest growing import markets in Cranes for Chile between 2021 and 2022 were China ($45.4M), Japan ($4.46M), and South Africa ($4.38M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (139) were at the forefront of shipping Cranes from Chile to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Chile's Cranes exports accounted up to $1.51M and imports accounted up to $394k, resulting in a positive trade balance of $1.12M. Between August 2023 and August 2024 the exports of Chile's   Cranes have increased by $465k (44.5%) from $1.05M to $1.51M, while imports decreased by $-223k (-36.1%) from $617k to $394k.

Destinations In August 2024, Cranes were exported mostly to Dominican Republic ($1.4M), Uruguay ($50k), Argentina ($35.1k), and Paraguay ($27.4k), and were imported mostly from Sweden ($372k), China ($11.6k), and Chile ($10.5k).

Growth In August 2024, the increase in Cranes's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Cranes's year-by-year imports was explained primarily by a decrease in imports from United States ($-167k or -94.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$465k(44.5%)
IMPORT GROWTH (August 2023 - August 2024)$-223k(-36.1%)
MAIN EXPORTER (August 2024)Quilicura$1.44M
MAIN DESTINATION (August 2024)Dominican Republic$1.4M

This section shows Cranes'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 Cranes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.3M
IMPORTS (2022)$151M
NET TRADE (2022)-$139M

In 2022, Chile exported $12.3M in Cranes. The main destinations of Chile exports on Cranes were Peru ($3.63M), Brazil ($2.5M), Argentina ($1.84M), United States ($1.83M), and Mexico ($550k).

In 2022, Chile imported $151M in Cranes, mainly from China ($56.9M), Italy ($17.4M), Germany ($10.8M), United States ($10.3M), and Spain ($9.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Brazil$2.25M (915%)
Argentina$1.34M (269%)
Mexico$550k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Chile WERE (2021 - 2022):
Germany-$6.44M (-99.8%)
Guinea-$1.94M (-100%)
Canada-$965k (-98.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Chile's main importing competitors in Cranes were:
United States $1.48B
Germany $729M
France $587M

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.58M
TOP IMPORT POTENTIALGermany+ $2.99M

Cranes’s highest export potential is United States. With an export gap of $1.58M.   Cranes’s highest import potential is Germany with an import gap of $2.99M.

See methodology.

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