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2023
Exports $84kWorld Rnk 68 / 119
Flag Rnk 876 / 1133
2023
Destination $35.2k Bolivia
2022 - 2023
FASTEST GROWING MARKET $35.2kBolivia
2023
PRODUCT COMPLEXITY IN Knitting Machines1.06Rnk 157 / 1025
2023
Imports $3.98MWorld Rnk 64 / 188
Flag Rnk 719 / 1199
2023
Origin $225k China
2022 - 2023
FASTEST GROWING ORIGIN $225kChina
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $84k in Knitting Machines, making it the 68th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 876th most exported product in Chile. The main destination of Knitting Machines exports from Chile are: Bolivia ($62.1k), Paraguay ($19.6k), Dominican Republic ($1.63k), Peru ($420), and Sweden ($283).

The fastest growing export markets for Knitting Machines of Chile between 2022 and 2023 were Bolivia ($35.2k), Paraguay ($19.6k), and Dominican Republic ($1.63k).

Imports In 2023, Chile imported $3.98M in Knitting Machines, becoming the 64th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 719th most imported product in Chile. Chile imports Knitting Machines primarily from: China ($1.72M), Chinese Taipei ($862k), Vietnam ($631k), Japan ($319k), and Italy ($237k).

The fastest growing import markets in Knitting Machines for Chile between 2022 and 2023 were China ($225k), Canada ($49.1k), and Italy ($30.9k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Knitting Machines exports accounted up to $5.56k and imports accounted up to $59.6k, resulting in a negative trade balance of $54.1k. Between March 2023 and November 2024 the exports of Chile's   Knitting Machines have decreased by $-1.8k (-24.5%) from $7.36k to $5.56k, while imports decreased by $-99.2k (-62.5%) from $159k to $59.6k.

Destinations In November 2024, Knitting Machines were exported mostly to Bolivia ($5.56k), and were imported mostly from China ($55.4k) and Chile ($4.23k).

Growth In November 2024, the decrease in Knitting Machines's year-by-year exports was explained primarily by a decrease in exports to . In November 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 (March 2023 - November 2024)$-1.8k(-24.5%)
IMPORT GROWTH (July 2023 - November 2024)$-99.2k(-62.5%)
MAIN EXPORTER (November 2024)Providencia$19k
MAIN DESTINATION (November 2024)Bolivia$5.56k

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 (2023)$84k
IMPORTS (2023)$3.98M
NET TRADE (2023)-$3.89M

In 2023, Chile exported $84k in Knitting Machines. The main destinations of Chile exports on Knitting Machines were Bolivia ($62.1k), Paraguay ($19.6k), Dominican Republic ($1.63k), Peru ($420), and Sweden ($283).

In 2023, Chile imported $3.98M in Knitting Machines, mainly from China ($1.72M), Chinese Taipei ($862k), Vietnam ($631k), Japan ($319k), and Italy ($237k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Bolivia$35.2k (131%)
Paraguay$19.6k (1%)
Dominican Republic$1.63k (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Knitting Machines were:
China $1.1B
Japan $420M
Germany $304M
In 2023, Chile's main importing competitors in Knitting Machines were:
India $410M
Turkey $233M
United States $215M

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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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