Electrical Transformers in Chile | The Observatory of Economic Complexity

About

Exports In 2022, Chile exported $12.5M in Electrical Transformers, making it the 77th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 219th most exported product in Chile. The main destination of Electrical Transformers exports from Chile are: Peru ($3M), Bolivia ($2.58M), United States ($1.94M), Argentina ($748k), and Germany ($739k).

The fastest growing export markets for Electrical Transformers of Chile between 2021 and 2022 were Bolivia ($445k), Argentina ($398k), and Germany ($348k).

Imports In 2022, Chile imported $473M in Electrical Transformers, becoming the 42nd largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 31st most imported product in Chile. Chile imports Electrical Transformers primarily from: China ($195M), Vietnam ($96.6M), Brazil ($24.3M), Italy ($24.2M), and Spain ($23.9M).

The fastest growing import markets in Electrical Transformers for Chile between 2021 and 2022 were China ($43.9M), Vietnam ($13.1M), and India ($5.29M).

COMPANIES In 2023, leading companies such as GOODYEAR TIRE & RUBBER CO. (1) were at the forefront of shipping Electrical Transformers from Chile to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Chile's Electrical Transformers exports accounted up to $1.31M and imports accounted up to $32.9M, resulting in a negative trade balance of $31.6M. Between February 2023 and February 2024 the exports of Chile's Electrical Transformers have increased by $920k (237%) from $388k to $1.31M, while imports decreased by $-4.59M (-12.2%) from $37.5M to $32.9M.

Destinations In February 2024, Electrical Transformers were exported mostly to Malaysia ($675k), Peru ($158k), United States ($134k), Argentina ($84.5k), and Bolivia ($80.3k), and were imported mostly from United States ($12.9M), Germany ($4.74M), Denmark ($3.09M), China ($1.94M), and Hong Kong ($1.29M).

Growth In February 2024, the increase in Electrical Transformers's year-by-year exports was explained primarily by an increase in exports to United States ($83k or 222%), Brazil ($20.3k or 592%), and France ($8.65k or 3.27k%). In February 2024, the decrease in Electrical Transformers's year-by-year imports was explained primarily by a decrease in imports from Hong Kong ($-3.83M or -79.8%), United States ($-3.36M or -15.4%), and Panama ($-1.76M or -99.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$920k(237%)

IMPORT GROWTH (February 2023 - February 2024)$-4.59M(-12.2%)

MAIN EXPORTER (February 2024)Las Condes$998k

MAIN DESTINATION (February 2024)Malaysia$675k

This section shows Electrical Transformers'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 Electrical Transformers over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$12.5M

IMPORTS (2022)$473M

NET TRADE (2022)-$460M

In 2022, Chile exported $12.5M in Electrical Transformers. The main destinations of Chile exports on Electrical Transformers were Peru ($3M), Bolivia ($2.58M), United States ($1.94M), Argentina ($748k), and Germany ($739k).

In 2022, Chile imported $473M in Electrical Transformers, mainly from China ($195M), Vietnam ($96.6M), Brazil ($24.3M), Italy ($24.2M), and Spain ($23.9M).

Explore Visualizations