Hand Tools in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $2.14M in Hand Tools, making it the 41st largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 460th most exported product in Chile. The main destination of Hand Tools exports from Chile are: Bolivia ($1.14M), Peru ($579k), Uruguay ($212k), Paraguay ($70.5k), and Argentina ($51.7k).

The fastest growing export markets for Hand Tools of Chile between 2021 and 2022 were Bolivia ($251k), Argentina ($43.5k), and Panama ($17k).

Imports In 2022, Chile imported $23.2M in Hand Tools, becoming the 29th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 428th most imported product in Chile. Chile imports Hand Tools primarily from: China ($15.5M), Germany ($1.66M), United States ($1.43M), Chinese Taipei ($704k), and Brazil ($620k).

The fastest growing import markets in Hand Tools for Chile between 2021 and 2022 were Vietnam ($183k), India ($177k), and Switzerland ($73.7k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hand Tools from Chile to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Chile's Hand Tools exports accounted up to $6.91k and imports accounted up to $5.48M, resulting in a negative trade balance of $5.47M. Between January 2023 and January 2024 the exports of Chile's Hand Tools have decreased by $-1.6k (-18.8%) from $8.51k to $6.91k, while imports increased by $3.45M (170%) from $2.03M to $5.48M.

Destinations In January 2024, Hand Tools were exported mostly to Venezuela ($3.71k), Uruguay ($1.36k), Colombia ($938), United States ($772), and Peru ($127), and were imported mostly from Taiwan ($2.72M), Chile ($565k), United States ($553k), Germany ($322k), and Singapore ($287k).

Growth In January 2024, the decrease in Hand Tools's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-4.16k or -95.2%) and Germany ($-25.3 or -0.55%). In January 2024, the increase in Hand Tools's year-by-year imports was explained primarily by an increase in imports from Germany ($155k or 179%), Chile ($139k or 13%), and Brazil ($21.9k or 149%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-1.6k(-18.8%)

IMPORT GROWTH (January 2023 - January 2024)$3.45M(170%)

MAIN EXPORTER (January 2024)Quinta Normal$3.71k

MAIN DESTINATION (January 2024)Venezuela$3.71k

This section shows Hand Tools'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 Hand Tools over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.14M

IMPORTS (2022)$23.2M

NET TRADE (2022)-$21.1M

In 2022, Chile exported $2.14M in Hand Tools. The main destinations of Chile exports on Hand Tools were Bolivia ($1.14M), Peru ($579k), Uruguay ($212k), Paraguay ($70.5k), and Argentina ($51.7k).

In 2022, Chile imported $23.2M in Hand Tools, mainly from China ($15.5M), Germany ($1.66M), United States ($1.43M), Chinese Taipei ($704k), and Brazil ($620k).

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