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2023
Exports $6.16MWorld Rnk 69 / 222
Flag Rnk 296 / 1133
2023
Destination $489k United States
2022 - 2023
FASTEST GROWING MARKET $489kUnited States
2023
PRODUCT COMPLEXITY IN Engine Parts1.05Rnk 160 / 1025
2023
Imports $148MWorld Rnk 46 / 224
Flag Rnk 113 / 1199
2023
Origin $1.67M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.67MBelgium
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $6.16M in Engine Parts, making it the 69th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 296th most exported product in Chile. The main destination of Engine Parts exports from Chile are: United States ($4.41M), Peru ($339k), Paraguay ($199k), Brazil ($177k), and Spain ($169k).

The fastest growing export markets for Engine Parts of Chile between 2022 and 2023 were United States ($489k), Paraguay ($167k), and Brazil ($136k).

Imports In 2023, Chile imported $148M in Engine Parts, becoming the 46th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 113th most imported product in Chile. Chile imports Engine Parts primarily from: United States ($59.2M), China ($20.1M), Germany ($10.3M), Japan ($8.04M), and Brazil ($7.77M).

The fastest growing import markets in Engine Parts for Chile between 2022 and 2023 were Belgium ($1.67M), Mexico ($1.66M), and Thailand ($796k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Engine Parts exports accounted up to $905k and imports accounted up to $61.5M, resulting in a negative trade balance of $60.6M. Between November 2023 and November 2024 the exports of Chile's   Engine Parts have increased by $516k (133%) from $389k to $905k, while imports decreased by $-1.94M (-3.06%) from $63.4M to $61.5M.

Destinations In November 2024, Engine Parts were exported mostly to United States ($527k), Argentina ($117k), France ($99.7k), Spain ($93.5k), and Peru ($52k), and were imported mostly from United States ($21.4M), Switzerland ($21.1M), Denmark ($6.14M), Brazil ($5.48M), and Germany ($2.34M).

Growth In November 2024, the increase in Engine Parts's year-by-year exports was explained primarily by an increase in exports to Peru ($22.4k or 378%) and Belgium ($16k or 32.4%). In November 2024, the decrease in Engine Parts's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-18.8M or -62.5%), United States ($-14.6M or -61.8%), and Germany ($-4.51M or -89.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$516k(133%)
IMPORT GROWTH (November 2023 - November 2024)$-1.94M(-3.06%)
MAIN EXPORTER (November 2024)Huechuraba$1.29M
MAIN DESTINATION (November 2024)United States$527k

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.16M
IMPORTS (2023)$148M
NET TRADE (2023)-$142M

In 2023, Chile exported $6.16M in Engine Parts. The main destinations of Chile exports on Engine Parts were United States ($4.41M), Peru ($339k), Paraguay ($199k), Brazil ($177k), and Spain ($169k).

In 2023, Chile imported $148M in Engine Parts, mainly from United States ($59.2M), China ($20.1M), Germany ($10.3M), Japan ($8.04M), and Brazil ($7.77M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$489k (12.5%)
Paraguay$167k (522%)
Brazil$136k (334%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Chile WERE (2022 - 2023):
Colombia-$89k (-63.2%)
Denmark-$78.8k (-74.3%)
Pakistan-$53.2k (-97.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Engine Parts were:
Germany $13.7B
China $7.81B
United States $6.48B
In 2023, Chile's main importing competitors in Engine Parts were:
United States $11.8B
Germany $6.71B
Mexico $4.3B

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.59M
TOP IMPORT POTENTIALChina+ $10.4M

Engine Parts’s highest export potential is United States. With an export gap of $3.59M.   Engine Parts’s highest import potential is China with an import gap of $10.4M.

See methodology.

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