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2023
Exports $959kWorld Rnk 62 / 154
Flag Rnk 549 / 1133
2023
Destination $155k Argentina
2022 - 2023
FASTEST GROWING MARKET $155kMexico
2023
PRODUCT COMPLEXITY IN Industrial Furnaces0.99Rnk 180 / 1025
2023
Imports $24.9MWorld Rnk 50 / 213
Flag Rnk 385 / 1199
2023
Origin $2.89M Italy
2022 - 2023
FASTEST GROWING ORIGIN $2.89MItaly
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $959k in Industrial Furnaces, making it the 62nd largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 549th most exported product in Chile. The main destination of Industrial Furnaces exports from Chile are: Argentina ($283k), Mexico ($182k), Belgium ($136k), Spain ($95.5k), and Peru ($93.4k).

The fastest growing export markets for Industrial Furnaces of Chile between 2022 and 2023 were Mexico ($155k), Argentina ($151k), and Spain ($95.5k).

Imports In 2023, Chile imported $24.9M in Industrial Furnaces, becoming the 50th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 385th most imported product in Chile. Chile imports Industrial Furnaces primarily from: Italy ($6.45M), Brazil ($4.06M), China ($3.25M), Germany ($2.31M), and United States ($2.04M).

The fastest growing import markets in Industrial Furnaces for Chile between 2022 and 2023 were Italy ($2.89M), Thailand ($1.17M), and Luxembourg ($956k).

Latest Trends

December 2024

About

Overview In December 2024 Chile's Industrial Furnaces exports accounted up to $113k and imports accounted up to $1.34M, resulting in a negative trade balance of $1.23M. Between October 2023 and December 2024 the exports of Chile's   Industrial Furnaces have decreased by $-26.3k (-18.9%) from $139k to $113k, while imports decreased by $-3.07M (-69.7%) from $4.41M to $1.34M.

Destinations In December 2024, Industrial Furnaces were exported mostly to Peru ($112k) and Bolivia ($207), and were imported mostly from Brazil ($961k), Italy ($158k), Spain ($98.7k), United States ($44.1k), and Germany ($39.3k).

Growth In December 2024, the decrease in Industrial Furnaces's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-173k or -95.3%). In December 2024, the decrease in Industrial Furnaces's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-5.05M or -98.8%) and United States ($-629k or -82.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - December 2024)$-26.3k(-18.9%)
IMPORT GROWTH (December 2023 - December 2024)$-3.07M(-69.7%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Peru$112k

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 (2023)$959k
IMPORTS (2023)$24.9M
NET TRADE (2023)-$24M

In 2023, Chile exported $959k in Industrial Furnaces. The main destinations of Chile exports on Industrial Furnaces were Argentina ($283k), Mexico ($182k), Belgium ($136k), Spain ($95.5k), and Peru ($93.4k).

In 2023, Chile imported $24.9M in Industrial Furnaces, mainly from Italy ($6.45M), Brazil ($4.06M), China ($3.25M), Germany ($2.31M), and United States ($2.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Mexico$155k (575%)
Argentina$151k (114%)
Spain$95.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Chile WERE (2022 - 2023):
Dominican Republic-$74.7k (-100%)
Costa Rica-$41.3k (-100%)
Peru-$38.1k (-29%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Industrial Furnaces were:
China $2B
Germany $701M
Italy $631M
In 2023, Chile's main importing competitors in Industrial Furnaces were:
United States $442M
India $348M
Indonesia $325M

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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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