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2022
Exports $317MWorld Rnk 33 / 129
Flag Rnk 40 / 1142
2022
Destination $12.1M United States
2021 - 2022
FASTEST GROWING MARKET $12.1MMexico
2022
PRODUCT COMPLEXITY IN Ferroalloys-1.24Rnk 892 / 1025
2022
Imports $76.5MWorld Rnk 44 / 172
Flag Rnk 213 / 1203
2022
Origin $15M Australia
2021 - 2022
FASTEST GROWING ORIGIN $15MAustralia
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $317M in Ferroalloys, making it the 33rd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 40th most exported product in Chile. The main destination of Ferroalloys exports from Chile are: United States ($225M), Canada ($26M), Japan ($18.6M), Brazil ($13.1M), and Mexico ($12.7M).

The fastest growing export markets for Ferroalloys of Chile between 2021 and 2022 were Mexico ($12.1M), Canada ($7.05M), and Argentina ($5.61M).

Imports In 2022, Chile imported $76.5M in Ferroalloys, becoming the 44th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 213th most imported product in Chile. Chile imports Ferroalloys primarily from: Australia ($24.7M), China ($18.7M), Kazakhstan ($11.8M), Brazil ($5.53M), and India ($4.93M).

The fastest growing import markets in Ferroalloys for Chile between 2021 and 2022 were Australia ($15M), China ($5.92M), and Kazakhstan ($3.64M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Ferroalloys exports accounted up to $38.3M and imports accounted up to $72.5k, resulting in a positive trade balance of $38.3M. Between August 2023 and August 2024 the exports of Chile's   Ferroalloys have increased by $7.19M (23.1%) from $31.1M to $38.3M, while imports decreased by $-54.5k (-42.9%) from $127k to $72.5k.

Destinations In August 2024, Ferroalloys were exported mostly to United States ($19M), Heard Island and McDonald Islands ($16.1M), Japan ($2.21M), Brazil ($933k), and Argentina ($95.5k), and were imported mostly from Brazil ($72.5k).

Growth In August 2024, the increase in Ferroalloys's year-by-year exports was explained primarily by an increase in exports to Argentina ($1.27M or 974%) and Brazil ($754k or 100%). In August 2024, the decrease in Ferroalloys's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$7.19M(23.1%)
IMPORT GROWTH (January 2023 - August 2024)$-54.5k(-42.9%)
MAIN EXPORTER (August 2024)San Bernardo$36.5M
MAIN DESTINATION (August 2024)United States$19M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$317M
IMPORTS (2022)$76.5M
NET TRADE (2022)$241M

In 2022, Chile exported $317M in Ferroalloys. The main destinations of Chile exports on Ferroalloys were United States ($225M), Canada ($26M), Japan ($18.6M), Brazil ($13.1M), and Mexico ($12.7M).

In 2022, Chile imported $76.5M in Ferroalloys, mainly from Australia ($24.7M), China ($18.7M), Kazakhstan ($11.8M), Brazil ($5.53M), and India ($4.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Mexico$12.1M (2.03k%)
Canada$7.05M (37.1%)
Argentina$5.61M (671%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Chile WERE (2021 - 2022):
United States-$33.4M (-12.9%)
Japan-$7.45M (-28.6%)
Netherlands-$5.34M (-34.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Ferroalloys were:
Indonesia $13.7B
South Africa $4.4B
Brazil $4.24B
In 2022, Chile's main importing competitors in Ferroalloys were:
China $19.9B
United States $4.85B
Japan $3.5B

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $11.6M
TOP IMPORT POTENTIALBrazil+ $5.9M

Ferroalloys’s highest export potential is Japan. With an export gap of $11.6M.   Ferroalloys’s highest import potential is Brazil with an import gap of $5.9M.

See methodology.

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