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2022
Exports $2.14MWorld Rnk 41 / 203
Flag Rnk 460 / 1142
2022
Destination $251k Bolivia
2021 - 2022
FASTEST GROWING MARKET $251kBolivia
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $23.2MWorld Rnk 29 / 220
Flag Rnk 428 / 1203
2022
Origin $183k China
2021 - 2022
FASTEST GROWING ORIGIN $183kVietnam
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

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).

Latest Trends

September 2024

About

Overview In September 2024 Chile's Hand Tools exports accounted up to $4.6k and imports accounted up to $6.46M, resulting in a negative trade balance of $6.46M. Between September 2023 and September 2024 the exports of Chile's   Hand Tools have decreased by $-1.53k (-24.9%) from $6.13k to $4.6k, while imports increased by $643k (11%) from $5.82M to $6.46M.

Destinations In September 2024, Hand Tools were exported mostly to Mexico ($3.06k), United States ($621), Germany ($426), Colombia ($269), and Paraguay ($223), and were imported mostly from China ($2.34M), Hong Kong ($763k), Singapore ($728k), Germany ($704k), and Chile ($577k).

Growth In September 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 September 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
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-1.53k(-24.9%)
IMPORT GROWTH (September 2023 - September 2024)$643k(11%)
MAIN EXPORTER (September 2024)Quinta Normal$3.71k
MAIN DESTINATION (September 2024)Mexico$3.06k

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Bolivia$251k (28.3%)
Argentina$43.5k (530%)
Panama$17k (6.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Chile WERE (2021 - 2022):
Uruguay-$39.8k (-15.8%)
Peru-$36.2k (-5.88%)
United States-$12.6k (-51.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Chile's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $63.1k
TOP IMPORT POTENTIALGermany+ $483k

Hand Tools’s highest export potential is Argentina. With an export gap of $63.1k.   Hand Tools’s highest import potential is Germany with an import gap of $483k.

See methodology.

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