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2023
Exports $18.5MWorld Rnk 73 / 199
Flag Rnk 172 / 1133
2023
Destination $578k France
2022 - 2023
FASTEST GROWING MARKET $578kSingapore
2023
PRODUCT COMPLEXITY IN Gas Turbines0.7Rnk 283 / 1025
2023
Imports $539MWorld Rnk 42 / 210
Flag Rnk 23 / 1199
2023
Origin $47.4M United States
2022 - 2023
FASTEST GROWING ORIGIN $47.4MUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $18.5M in Gas Turbines, making it the 73rd largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 172nd most exported product in Chile. The main destination of Gas Turbines exports from Chile are: France ($14.7M), United States ($2.18M), Singapore ($700k), Canada ($444k), and Spain ($200k).

The fastest growing export markets for Gas Turbines of Chile between 2022 and 2023 were Singapore ($578k), Austria ($109k), and Spain ($45.8k).

Imports In 2023, Chile imported $539M in Gas Turbines, becoming the 42nd largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 23rd most imported product in Chile. Chile imports Gas Turbines primarily from: United States ($218M), Singapore ($99M), France ($81M), United Kingdom ($60.6M), and Brazil ($25.9M).

The fastest growing import markets in Gas Turbines for Chile between 2022 and 2023 were United States ($47.4M), United Kingdom ($39.4M), and Singapore ($31.8M).

Latest Trends

December 2024

About

Overview In December 2024 Chile's Gas Turbines exports accounted up to $161k and imports accounted up to $5.35M, resulting in a negative trade balance of $5.19M. Between September 2023 and December 2024 the exports of Chile's   Gas Turbines have decreased by $-2.22M (-93.2%) from $2.38M to $161k, while imports decreased by $-643k (-10.7%) from $5.99M to $5.35M.

Destinations In December 2024, Gas Turbines were exported mostly to Brazil ($108k) and Heard Island and McDonald Islands ($52.4k), and were imported mostly from Switzerland ($4.28M), United States ($397k), Uruguay ($290k), Spain ($247k), and Czechia ($82.4k).

Growth In December 2024, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the decrease in Gas Turbines's year-by-year imports was explained primarily by a decrease in imports from United States ($-3.78M or -98.8%) and Italy ($-129k or -91.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - December 2024)$-2.22M(-93.2%)
IMPORT GROWTH (December 2023 - December 2024)$-643k(-10.7%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Brazil$108k

This section shows Gas Turbines'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 Gas Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.5M
IMPORTS (2023)$539M
NET TRADE (2023)-$520M

In 2023, Chile exported $18.5M in Gas Turbines. The main destinations of Chile exports on Gas Turbines were France ($14.7M), United States ($2.18M), Singapore ($700k), Canada ($444k), and Spain ($200k).

In 2023, Chile imported $539M in Gas Turbines, mainly from United States ($218M), Singapore ($99M), France ($81M), United Kingdom ($60.6M), and Brazil ($25.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Singapore$578k (473%)
Austria$109k (1%)
Spain$45.8k (29.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Chile WERE (2022 - 2023):
United States-$3.94M (-64.3%)
France-$2.96M (-16.8%)
Canada-$2.24M (-83.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Gas Turbines were:
United States $69.3B
United Kingdom $29.1B
France $19.2B
In 2023, Chile's main importing competitors in Gas Turbines were:
United States $29.8B
Hong Kong $16.5B
Germany $14.4B

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.25M
TOP IMPORT POTENTIALUnited Kingdom+ $18.5M

Gas Turbines’s highest export potential is United States. With an export gap of $8.25M.   Gas Turbines’s highest import potential is United Kingdom with an import gap of $18.5M.

See methodology.

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