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2022
Exports $3.92MWorld Rnk 58 / 201
Flag Rnk 363 / 1142
2022
Destination $324k Bolivia
2021 - 2022
FASTEST GROWING MARKET $324kArgentina
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment1.96Rnk 7 / 1025
2022
Imports $50.2MWorld Rnk 42 / 220
Flag Rnk 296 / 1203
2022
Origin $587k China
2021 - 2022
FASTEST GROWING ORIGIN $587kBrazil
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $3.92M in Electric Soldering Equipment, making it the 58th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 363rd most exported product in Chile. The main destination of Electric Soldering Equipment exports from Chile are: Bolivia ($1.99M), Peru ($806k), Argentina ($426k), United States ($157k), and Paraguay ($129k).

The fastest growing export markets for Electric Soldering Equipment of Chile between 2021 and 2022 were Argentina ($324k), United Kingdom ($90.9k), and United States ($79.6k).

Imports In 2022, Chile imported $50.2M in Electric Soldering Equipment, becoming the 42nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 296th most imported product in Chile. Chile imports Electric Soldering Equipment primarily from: China ($27.3M), United States ($7.38M), Italy ($3.81M), Germany ($1.93M), and Switzerland ($1.8M).

The fastest growing import markets in Electric Soldering Equipment for Chile between 2021 and 2022 were Brazil ($587k), Switzerland ($414k), and Czechia ($231k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Electric Soldering Equipment exports accounted up to $28.9k and imports accounted up to $1.94M, resulting in a negative trade balance of $1.91M. Between August 2023 and August 2024 the exports of Chile's   Electric Soldering Equipment have decreased by $-548k (-95%) from $577k to $28.9k, while imports decreased by $-2.25M (-53.7%) from $4.19M to $1.94M.

Destinations In August 2024, Electric Soldering Equipment were exported mostly to Argentina ($27.1k), Peru ($670), United States ($437), Venezuela ($329), and Mexico ($300), and were imported mostly from Chile ($573k), United States ($372k), Germany ($300k), Switzerland ($178k), and Italy ($128k).

Growth In August 2024, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Poland ($-987k or -90.4%), China ($-712k or -87.3%), and United States ($-699k or -47.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-548k(-95%)
IMPORT GROWTH (August 2023 - August 2024)$-2.25M(-53.7%)
MAIN EXPORTER (August 2024)Las Condes$2.14M
MAIN DESTINATION (August 2024)Argentina$27.1k

This section shows Electric Soldering Equipment'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 Soldering Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.92M
IMPORTS (2022)$50.2M
NET TRADE (2022)-$46.3M

In 2022, Chile exported $3.92M in Electric Soldering Equipment. The main destinations of Chile exports on Electric Soldering Equipment were Bolivia ($1.99M), Peru ($806k), Argentina ($426k), United States ($157k), and Paraguay ($129k).

In 2022, Chile imported $50.2M in Electric Soldering Equipment, mainly from China ($27.3M), United States ($7.38M), Italy ($3.81M), Germany ($1.93M), and Switzerland ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Argentina$324k (317%)
United Kingdom$90.9k (286%)
United States$79.6k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Chile WERE (2021 - 2022):
Spain-$7.01M (-99.9%)
Peru-$413k (-33.9%)
Bolivia-$276k (-12.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Electric Soldering Equipment were:
China $2.65B
Germany $2.39B
United States $1.09B
In 2022, Chile's main importing competitors in Electric Soldering Equipment were:
United States $1.95B
China $965M
Germany $855M

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $363k
TOP IMPORT POTENTIALGermany+ $1.61M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $363k.   Electric Soldering Equipment’s highest import potential is Germany with an import gap of $1.61M.

See methodology.

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