2022
Exports
$2.94MWorld Rnk 31 / 167
Flag Rnk 408 / 1142
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments
0.55Rnk 344 / 1025
2022
Imports
$22.2MWorld Rnk 27 / 210
Flag Rnk 441 / 1203
2022
ECONOMIC COMPLEXITY of Chile
-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $2.94M in Electric Musical Instruments, making it the 31st largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 408th most exported product in Chile. The main destination of Electric Musical Instruments exports from Chile are: Peru ($1.14M), Bolivia ($969k), Paraguay ($742k), Andorra ($27.4k), and Germany ($17.1k).

The fastest growing export markets for Electric Musical Instruments of Chile between 2021 and 2022 were Paraguay ($198k), Peru ($182k), and Germany ($17.1k).

Imports In 2022, Chile imported $22.2M in Electric Musical Instruments, becoming the 27th largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 441st most imported product in Chile. Chile imports Electric Musical Instruments primarily from: China ($12.3M), Indonesia ($3.15M), Malaysia ($1.57M), United States ($1.2M), and Sweden ($1.02M).

The fastest growing import markets in Electric Musical Instruments for Chile between 2021 and 2022 were Indonesia ($500k), Sweden ($315k), and Hong Kong ($197k).

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - May 2024)$6.06k(4.04k%)
IMPORT GROWTH (June 2023 - June 2024)$2.47M(51%)
MAIN EXPORTER (May 2024)Chillán$132k
MAIN DESTINATION (May 2024)

This section shows Electric Musical Instruments'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 Electric Musical Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.94M
IMPORTS (2022)$22.2M
NET TRADE (2022)-$19.2M

In 2022, Chile exported $2.94M in Electric Musical Instruments. The main destinations of Chile exports on Electric Musical Instruments were Peru ($1.14M), Bolivia ($969k), Paraguay ($742k), Andorra ($27.4k), and Germany ($17.1k).

In 2022, Chile imported $22.2M in Electric Musical Instruments, mainly from China ($12.3M), Indonesia ($3.15M), Malaysia ($1.57M), United States ($1.2M), and Sweden ($1.02M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Paraguay$198k (36.4%)
Peru$182k (19%)
Germany$17.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Chile WERE (2021 - 2022):
Bolivia-$36k (-3.58%)
Brazil-$14.7k (-99.1%)
Andorra-$11k (-28.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Electric Musical Instruments were:
In 2022, Chile's main importing competitors in Electric Musical Instruments were:

Explore Visualizations

Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $46.6k
TOP IMPORT POTENTIALIndonesia+ $710k

Electric Musical Instruments’s highest export potential is Germany. With an export gap of $46.6k.   Electric Musical Instruments’s highest import potential is Indonesia with an import gap of $710k.

See methodology.

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