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2022
Exports $10.7BWorld Rnk 4 / 210
Flag Rnk 3 / 96
2022
Destination $5.76B China
2021 - 2022
FASTEST GROWING MARKET $5.76BChina
2022
PRODUCT COMPLEXITY IN Inorganic chemicals1.72Rnk 21 / 1025
2022
Imports $1.87BWorld Rnk 31 / 225
Flag Rnk 10 / 96
2022
Origin $199M China
2021 - 2022
FASTEST GROWING ORIGIN $199MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $10.7B in Inorganic chemicals, making it the 4th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 3rd most exported product in Chile. The main destination of Inorganic chemicals exports from Chile are: China ($6.39B), South Korea ($1.37B), United States ($596M), Japan ($570M), and Netherlands ($427M).

The fastest growing export markets for Inorganic chemicals of Chile between 2021 and 2022 were China ($5.76B), South Korea ($1.05B), and Japan ($447M).

Imports In 2022, Chile imported $1.87B in Inorganic chemicals, becoming the 31st largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 10th most imported product in Chile. Chile imports Inorganic chemicals primarily from: China ($419M), United States ($395M), Peru ($251M), Trinidad and Tobago ($190M), and South Korea ($123M).

The fastest growing import markets in Inorganic chemicals for Chile between 2021 and 2022 were China ($199M), Peru ($155M), and United States ($121M).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (2) were at the forefront of shipping Inorganic chemicals from Chile to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Chile's Inorganic chemicals exports accounted up to $532M and imports accounted up to $9.65M, resulting in a positive trade balance of $523M. Between July 2023 and July 2024 the exports of Chile's   Inorganic chemicals have decreased by $-192M (-26.5%) from $725M to $532M, while imports increased by $2.51M (35.1%) from $7.14M to $9.65M.

Destinations In July 2024, Inorganic chemicals were exported mostly to China ($244M), United States ($70M), Heard Island and McDonald Islands ($42.7M), South Korea ($37.9M), and Belgium ($32M), and were imported mostly from Switzerland ($2.3M), Germany ($1.85M), United States ($1.81M), Argentina ($1.32M), and Brazil ($693k).

Growth In July 2024, the decrease in Inorganic chemicals's year-by-year exports was explained primarily by a decrease in exports to Spain ($-21.9M or -97.3%), Peru ($-7.29M or -91.8%), and Austria ($-5.24M or -99.2%). In July 2024, the increase in Inorganic chemicals's year-by-year imports was explained primarily by an increase in imports from United States ($1.16M or 124%), United Kingdom ($46.8k or 193%), and Argentina ($20.8k or 3.89%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-192M(-26.5%)
IMPORT GROWTH (July 2023 - July 2024)$2.51M(35.1%)
MAIN EXPORTER (July 2024)Las Condes$465M
MAIN DESTINATION (July 2024)China$244M

This section shows Inorganic chemicals'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 Inorganic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.7B
IMPORTS (2022)$1.87B
NET TRADE (2022)$8.85B

In 2022, Chile exported $10.7B in Inorganic chemicals. The main destinations of Chile exports on Inorganic chemicals were China ($6.39B), South Korea ($1.37B), United States ($596M), Japan ($570M), and Netherlands ($427M).

In 2022, Chile imported $1.87B in Inorganic chemicals, mainly from China ($419M), United States ($395M), Peru ($251M), Trinidad and Tobago ($190M), and South Korea ($123M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Chile WERE (2021 - 2022):
China$5.76B (914%)
South Korea$1.05B (323%)
Japan$447M (362%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Chile WERE (2021 - 2022):
Austria-$112M (-88.6%)
Russia-$13.2M (-69.3%)
United Arab Emirates-$10.6M (-30.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Inorganic chemicals were:
China $33.7B
United States $17B
Germany $15.3B
In 2022, Chile's main importing competitors in Inorganic chemicals were:
China $21.7B
United States $20B
South Korea $13B

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $27.7M
TOP IMPORT POTENTIALFrance+ $3.83M

Inorganic chemicals’s highest export potential is Germany. With an export gap of $27.7M.   Inorganic chemicals’s highest import potential is France with an import gap of $3.83M.

See methodology.

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