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2022
Exports $476kWorld Rnk 67 / 158
Flag Rnk 655 / 1142
2022
Destination $132k Argentina
2021 - 2022
FASTEST GROWING MARKET $132kArgentina
2022
PRODUCT COMPLEXITY IN Industrial Furnaces0.84Rnk 229 / 1025
2022
Imports $25.3MWorld Rnk 46 / 213
Flag Rnk 408 / 1203
2022
Origin $2.17M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $2.17MNetherlands
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $476k in Industrial Furnaces, making it the 67th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 655th most exported product in Chile. The main destination of Industrial Furnaces exports from Chile are: Argentina ($132k), Belgium ($80.9k), Dominican Republic ($74.7k), Peru ($74.5k), and Costa Rica ($41.2k).

The fastest growing export markets for Industrial Furnaces of Chile between 2021 and 2022 were Argentina ($132k), Dominican Republic ($74.5k), and Belgium ($46.2k).

Imports In 2022, Chile imported $25.3M in Industrial Furnaces, becoming the 46th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 408th most imported product in Chile. Chile imports Industrial Furnaces primarily from: Brazil ($5.48M), United States ($3.76M), China ($3.4M), Italy ($3.17M), and Netherlands ($2.18M).

The fastest growing import markets in Industrial Furnaces for Chile between 2021 and 2022 were Netherlands ($2.17M), Brazil ($1.76M), and Germany ($1.04M).

Latest Trends

May 2024

About

Overview In May 2024 Chile's Industrial Furnaces exports accounted up to $9.98k and imports accounted up to $524k, resulting in a negative trade balance of $514k. Between March 2023 and May 2024 the exports of Chile's   Industrial Furnaces have decreased by $-134k (-93.1%) from $144k to $9.98k, while imports increased by $216k (70.1%) from $308k to $524k.

Destinations In May 2024, Industrial Furnaces were exported mostly to , and were imported mostly from Italy ($249k), Brazil ($217k), United States ($46.2k), and Switzerland ($12.4k).

Growth In May 2024, the decrease in Industrial Furnaces's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Industrial Furnaces's year-by-year imports was explained primarily by an increase in imports from Brazil ($5.07M or 11.5k%), United States ($724k or 1.94k%), and Switzerland ($26.4k or 34.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - May 2024)$-134k(-93.1%)
IMPORT GROWTH (June 2023 - June 2024)$216k(70.1%)
MAIN EXPORTER (May 2024)Punta Arenas$650k
MAIN DESTINATION (May 2024)

This section shows Industrial Furnaces'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 Furnaces over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$476k
IMPORTS (2022)$25.3M
NET TRADE (2022)-$24.8M

In 2022, Chile exported $476k in Industrial Furnaces. The main destinations of Chile exports on Industrial Furnaces were Argentina ($132k), Belgium ($80.9k), Dominican Republic ($74.7k), Peru ($74.5k), and Costa Rica ($41.2k).

In 2022, Chile imported $25.3M in Industrial Furnaces, mainly from Brazil ($5.48M), United States ($3.76M), China ($3.4M), Italy ($3.17M), and Netherlands ($2.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Argentina$132k (17.1k%)
Dominican Republic$74.5k (38.6k%)
Belgium$46.2k (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Chile WERE (2021 - 2022):
Vietnam-$230k (-100%)
Spain-$149k (-100%)
Austria-$37k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
Germany $576M
In 2022, Chile's main importing competitors in Industrial Furnaces were:
Indonesia $474M
United States $382M
India $229M

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $58.3k
TOP IMPORT POTENTIALChina+ $1.67M

Industrial Furnaces’s highest export potential is Argentina. With an export gap of $58.3k.   Industrial Furnaces’s highest import potential is China with an import gap of $1.67M.

See methodology.

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