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2022
Exports $29.4kWorld Rnk 83 / 120
Flag Rnk 961 / 1142
falsefalse Bolivia
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Knitting Machines1.1Rnk 135 / 1025
2022
Imports $5.78MWorld Rnk 57 / 191
Flag Rnk 694 / 1203
2021 - 2022
FASTEST GROWING ORIGINfalseGermany
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $29.4k in Knitting Machines, making it the 83rd largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 961st most exported product in Chile. The main destination of Knitting Machines exports from Chile are: Bolivia ($29.4k).

Imports In 2022, Chile imported $5.78M in Knitting Machines, becoming the 57th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 694th most imported product in Chile. Chile imports Knitting Machines primarily from: China ($2.95M), Germany ($703k), Vietnam ($661k), Chinese Taipei ($553k), and Spain ($306k).

The fastest growing import markets in Knitting Machines for Chile between 2021 and 2022 were Germany ($406k), Vietnam ($290k), and Peru ($44.1k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Knitting Machines exports accounted up to $19k and imports accounted up to $18.9k, resulting in a positive trade balance of $44.7. Between July 2022 and June 2024 the exports of Chile's   Knitting Machines have increased by $16.2k (582%) from $2.78k to $19k, while imports decreased by $-100k (-84.1%) from $119k to $18.9k.

Destinations In June 2024, Knitting Machines were exported mostly to Paraguay ($19k), and were imported mostly from .

Growth In June 2024, the increase in Knitting Machines's year-by-year exports was explained primarily by an increase in exports to . In April 2024, the decrease in Knitting Machines's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - June 2024)$16.2k(582%)
IMPORT GROWTH (February 2023 - April 2024)$-100k(-84.1%)
MAIN EXPORTER (June 2024)Providencia$19k
MAIN DESTINATION (June 2024)Paraguay$19k

This section shows Knitting Machines'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 Knitting Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.4k
IMPORTS (2022)$5.78M
NET TRADE (2022)-$5.75M

In 2022, Chile exported $29.4k in Knitting Machines. The main destinations of Chile exports on Knitting Machines were Bolivia ($29.4k).

In 2022, Chile imported $5.78M in Knitting Machines, mainly from China ($2.95M), Germany ($703k), Vietnam ($661k), Chinese Taipei ($553k), and Spain ($306k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Chile WERE (2021 - 2022):
Argentina-$102k (-100%)
Peru-$14.3k (-100%)
Bolivia-$12.7k (-30.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
Germany $358M
In 2022, Chile's main importing competitors in Knitting Machines were:
India $442M
Turkey $348M
Bangladesh $239M

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $934
TOP IMPORT POTENTIALChina+ $489k

Knitting Machines’s highest export potential is India. With an export gap of $934.   Knitting Machines’s highest import potential is China with an import gap of $489k.

See methodology.

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