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2022
Exports $2.74MWorld Rnk 73 / 126
Flag Rnk 423 / 1142
2022
Destination $1.07M Paraguay
2021 - 2022
FASTEST GROWING MARKET $1.07MParaguay
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars-0.34Rnk 659 / 1025
2022
Imports $66.2MWorld Rnk 56 / 210
Flag Rnk 244 / 1203
2022
Origin $19.1M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $19.1MBrazil
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $2.74M in Hot-Rolled Iron Bars, making it the 73rd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 423rd most exported product in Chile. The main destination of Hot-Rolled Iron Bars exports from Chile are: Paraguay ($1.4M), Colombia ($641k), Argentina ($531k), Ecuador ($160k), and Peru ($3.46k).

The fastest growing export markets for Hot-Rolled Iron Bars of Chile between 2021 and 2022 were Paraguay ($1.07M), Italy ($2.28k), and United States ($779).

Imports In 2022, Chile imported $66.2M in Hot-Rolled Iron Bars, becoming the 56th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 244th most imported product in Chile. Chile imports Hot-Rolled Iron Bars primarily from: Brazil ($22.7M), China ($14.3M), Turkey ($10.5M), India ($8.54M), and Argentina ($3.97M).

The fastest growing import markets in Hot-Rolled Iron Bars for Chile between 2021 and 2022 were Brazil ($19.1M), China ($13.4M), and Peru ($2.2M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Hot-Rolled Iron Bars exports accounted up to $423k and imports accounted up to $50.2k, resulting in a positive trade balance of $373k. Between August 2023 and August 2024 the exports of Chile's   Hot-Rolled Iron Bars have increased by $82.3k (24.1%) from $341k to $423k, while imports decreased by $-763k (-93.8%) from $813k to $50.2k.

Destinations In August 2024, Hot-Rolled Iron Bars were exported mostly to Argentina ($203k), Paraguay ($201k), and Colombia ($19.4k), and were imported mostly from Argentina ($50.2k).

Growth In August 2024, the increase in Hot-Rolled Iron Bars's year-by-year exports was explained primarily by an increase in exports to Ecuador ($4.47M or 3.37k%). In August 2024, the decrease in Hot-Rolled Iron Bars'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)$82.3k(24.1%)
IMPORT GROWTH (October 2021 - August 2024)$-763k(-93.8%)
MAIN EXPORTER (August 2024)Talcahuano$2.51M
MAIN DESTINATION (August 2024)Argentina$203k

This section shows Hot-Rolled Iron Bars'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 Hot-Rolled Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.74M
IMPORTS (2022)$66.2M
NET TRADE (2022)-$63.5M

In 2022, Chile exported $2.74M in Hot-Rolled Iron Bars. The main destinations of Chile exports on Hot-Rolled Iron Bars were Paraguay ($1.4M), Colombia ($641k), Argentina ($531k), Ecuador ($160k), and Peru ($3.46k).

In 2022, Chile imported $66.2M in Hot-Rolled Iron Bars, mainly from Brazil ($22.7M), China ($14.3M), Turkey ($10.5M), India ($8.54M), and Argentina ($3.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Paraguay$1.07M (322%)
Italy$2.28k (1%)
United States$779 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Chile WERE (2021 - 2022):
Ecuador-$18.5M (-99.1%)
Peru-$1.47M (-99.8%)
Colombia-$1.15M (-64.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
Malaysia $1.45B
In 2022, Chile's main importing competitors in Hot-Rolled Iron Bars were:
United States $1.29B
Germany $897M
Israel $826M

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $199k
TOP IMPORT POTENTIALChina+ $2M

Hot-Rolled Iron Bars’s highest export potential is Argentina. With an export gap of $199k.   Hot-Rolled Iron Bars’s highest import potential is China with an import gap of $2M.

See methodology.

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