2023
Exports
$1.74BWorld Rnk 9 / 127
Flag Rnk 10 / 1133
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$70.1MWorld Rnk 44 / 125
Flag Rnk 201 / 1199
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Imports In 2023, Chile imported $70.1M in Iron Ore, becoming the 44th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 201st most imported product in Chile. Chile imports Iron Ore primarily from: Brazil ($70.1M), China ($3.71k), Germany ($3.67k), South Africa ($3.01k), and Spain ($835).

The fastest growing import markets in Iron Ore for Chile between 2022 and 2023 were Brazil ($31.7M), Germany ($3.67k), and South Africa ($1.1k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.74B
IMPORTS (2023)$70.1M
NET TRADE (2023)$1.67B

In 2023, Chile imported $70.1M in Iron Ore, mainly from Brazil ($70.1M), China ($3.71k), Germany ($3.67k), South Africa ($3.01k), and Spain ($835).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chile's main exporting competitors in Iron Ore were:
In 2023, Chile's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $250M
N/AN/AN/A

Iron Ore’s highest export potential is China. With an export gap of $250M.   Iron Ore’s highest import potential is N/A with an import gap of N/A.

See methodology.

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