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Pricing

2022
Exports $5.63MWorld Rnk 62 / 152
Flag Rnk 315 / 1142
2022
Destination $2.15M United States
2021 - 2022
FASTEST GROWING MARKET $2.15MUnited States
2022
PRODUCT COMPLEXITY IN Fermented Milk Products-0.22Rnk 622 / 1025
2022
Imports $855kWorld Rnk 142 / 219
Flag Rnk 954 / 1203
2022
Origin $236k United States
2021 - 2022
FASTEST GROWING ORIGIN $236kUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $5.63M in Fermented Milk Products, making it the 62nd largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 315th most exported product in Chile. The main destination of Fermented Milk Products exports from Chile are: United States ($5.22M), Singapore ($152k), Bolivia ($110k), Paraguay ($73.7k), and Panama ($68.6k).

The fastest growing export markets for Fermented Milk Products of Chile between 2021 and 2022 were United States ($2.15M), Singapore ($152k), and Panama ($12.3k).

Imports In 2022, Chile imported $855k in Fermented Milk Products, becoming the 142nd largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 954th most imported product in Chile. Chile imports Fermented Milk Products primarily from: United States ($369k), Peru ($186k), France ($158k), Singapore ($83.4k), and Denmark ($22.4k).

The fastest growing import markets in Fermented Milk Products for Chile between 2021 and 2022 were United States ($236k), Singapore ($83.4k), and France ($55.9k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Fermented Milk Products exports accounted up to $13.4k and imports accounted up to $59.8k, resulting in a negative trade balance of $46.5k. Between June 2023 and August 2024 the exports of Chile's   Fermented Milk Products have decreased by $-986k (-98.7%) from $999k to $13.4k, while imports decreased by $-5.96k (-9.06%) from $65.8k to $59.8k.

Destinations In August 2024, Fermented Milk Products were exported mostly to Paraguay ($11k) and Cuba ($2.4k), and were imported mostly from China ($54.7k) and Peru ($5.11k).

Growth In August 2024, the decrease in Fermented Milk Products's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Fermented Milk Products's year-by-year imports was explained primarily by a decrease in imports from China ($-3.67k or -13.5%) and South Korea ($-736 or -1.47%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - August 2024)$-986k(-98.7%)
IMPORT GROWTH (August 2023 - August 2024)$-5.96k(-9.06%)
MAIN EXPORTER (August 2024)La Unión$11k
MAIN DESTINATION (August 2024)Paraguay$11k

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.63M
IMPORTS (2022)$855k
NET TRADE (2022)$4.77M

In 2022, Chile exported $5.63M in Fermented Milk Products. The main destinations of Chile exports on Fermented Milk Products were United States ($5.22M), Singapore ($152k), Bolivia ($110k), Paraguay ($73.7k), and Panama ($68.6k).

In 2022, Chile imported $855k in Fermented Milk Products, mainly from United States ($369k), Peru ($186k), France ($158k), Singapore ($83.4k), and Denmark ($22.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United States$2.15M (70%)
Singapore$152k (1%)
Panama$12.3k (21.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Chile WERE (2021 - 2022):
Philippines-$2.75k (-100%)
Paraguay-$2.31k (-3.04%)
Venezuela-$1.16k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Fermented Milk Products were:
Germany $1.01B
France $597M
Belgium $347M
In 2022, Chile's main importing competitors in Fermented Milk Products were:
Italy $477M
United Kingdom $452M
Netherlands $348M

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $69.3k
TOP IMPORT POTENTIALFrance+ $91.8k

Fermented Milk Products’s highest export potential is Singapore. With an export gap of $69.3k.   Fermented Milk Products’s highest import potential is France with an import gap of $91.8k.

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