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2022
Exports $291kWorld Rnk 74 / 153
Flag Rnk 742 / 1142
2022
Destination $84.1k Argentina
2021 - 2022
FASTEST GROWING MARKET $84.1kArgentina
2022
PRODUCT COMPLEXITY IN Insect Resins-2.5Rnk 1019 / 1025
2022
Imports $2.48MWorld Rnk 52 / 197
Flag Rnk 832 / 1203
2022
Origin $289k France
2021 - 2022
FASTEST GROWING ORIGIN $289kUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $291k in Insect Resins, making it the 74th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 742nd most exported product in Chile. The main destination of Insect Resins exports from Chile are: Argentina ($177k), Mexico ($49.8k), Colombia ($37.2k), Peru ($20.8k), and Uruguay ($4.03k).

The fastest growing export markets for Insect Resins of Chile between 2021 and 2022 were Argentina ($84.1k), Mexico ($49.8k), and Colombia ($37.2k).

Imports In 2022, Chile imported $2.48M in Insect Resins, becoming the 52nd largest importer of Insect Resins in the world. At the same year, Insect Resins was the 832nd most imported product in Chile. Chile imports Insect Resins primarily from: France ($780k), United States ($639k), India ($279k), Spain ($259k), and Italy ($225k).

The fastest growing import markets in Insect Resins for Chile between 2021 and 2022 were United States ($289k), France ($212k), and India ($163k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Insect Resins exports accounted up to $71.5k and imports accounted up to $44.2, resulting in a positive trade balance of $71.5k. Between April 2023 and August 2024 the exports of Chile's   Insect Resins have increased by $71.2k (24.9k%) from $286 to $71.5k, while imports decreased by $-265k (-100%) from $265k to $44.2.

Destinations In August 2024, Insect Resins were exported mostly to Argentina ($71.5k), and were imported mostly from India ($44.2).

Growth In August 2024, the increase in Insect Resins's year-by-year exports was explained primarily by an increase in exports to Peru ($815 or 245%). In August 2024, the decrease in Insect Resins's year-by-year imports was explained primarily by a decrease in imports from United States ($-9.13k or -76.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - August 2024)$71.2k(24.9k%)
IMPORT GROWTH (August 2023 - August 2024)$-265k(-100%)
MAIN EXPORTER (August 2024)Paine$67.2k
MAIN DESTINATION (August 2024)Argentina$71.5k

This section shows Insect Resins'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 Insect Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$291k
IMPORTS (2022)$2.48M
NET TRADE (2022)-$2.18M

In 2022, Chile exported $291k in Insect Resins. The main destinations of Chile exports on Insect Resins were Argentina ($177k), Mexico ($49.8k), Colombia ($37.2k), Peru ($20.8k), and Uruguay ($4.03k).

In 2022, Chile imported $2.48M in Insect Resins, mainly from France ($780k), United States ($639k), India ($279k), Spain ($259k), and Italy ($225k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Argentina$84.1k (90.8%)
Mexico$49.8k (1%)
Colombia$37.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Chile WERE (2021 - 2022):
Brazil-$15k (-100%)
Bolivia-$3.59k (-62.4%)
Peru-$760 (-3.52%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Insect Resins were:
Sudan $194M
France $193M
Afghanistan $126M
In 2022, Chile's main importing competitors in Insect Resins were:
India $260M
United States $157M
France $127M

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $14.5k
TOP IMPORT POTENTIALIndia+ $128k

Insect Resins’s highest export potential is Mexico. With an export gap of $14.5k.   Insect Resins’s highest import potential is India with an import gap of $128k.

See methodology.

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