2023
Exports
$52.3MWorld Rnk 59 / 209
Flag Rnk 101 / 1133
2023
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.68Rnk 757 / 1025
2023
Imports
$215MWorld Rnk 51 / 225
Flag Rnk 79 / 1199
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $52.3M in Industrial Fatty Acids, Oils and Alcohols, making it the 59th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 101st most exported product in Chile. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Chile are: Peru ($20.6M), Brazil ($11.2M), United States ($9M), Argentina ($3.5M), and Bolivia ($3.01M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Chile between 2022 and 2023 were Brazil ($5.5M), Argentina ($1.54M), and United States ($1.33M).

Imports In 2023, Chile imported $215M in Industrial Fatty Acids, Oils and Alcohols, becoming the 51st largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 79th most imported product in Chile. Chile imports Industrial Fatty Acids, Oils and Alcohols primarily from: United States ($72.9M), China ($30.7M), Norway ($20.2M), Brazil ($13.6M), and Germany ($13.4M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Chile between 2022 and 2023 were Norway ($4.09M), Ireland ($2.21M), and Germany ($1.68M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-398k(-93.2%)
IMPORT GROWTH (November 2023 - November 2024)$-1.98M(-42.6%)
MAIN EXPORTER (November 2024)Huechuraba$495k
MAIN DESTINATION (November 2024)Heard Island and McDonald Islands$28.8k

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$52.3M
IMPORTS (2023)$215M
NET TRADE (2023)-$163M

In 2023, Chile exported $52.3M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Chile exports on Industrial Fatty Acids, Oils and Alcohols were Peru ($20.6M), Brazil ($11.2M), United States ($9M), Argentina ($3.5M), and Bolivia ($3.01M).

In 2023, Chile imported $215M in Industrial Fatty Acids, Oils and Alcohols, mainly from United States ($72.9M), China ($30.7M), Norway ($20.2M), Brazil ($13.6M), and Germany ($13.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Brazil$5.5M (96.3%)
Argentina$1.54M (78%)
United States$1.33M (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Chile WERE (2022 - 2023):
Colombia-$1.03M (-56%)
Uruguay-$239k (-41.8%)
Canada-$209k (-83.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2023, Chile's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $956k
TOP IMPORT POTENTIALIndonesia+ $2.47M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $956k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $2.47M.

See methodology.

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