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2023
Exports $70.2kWorld Rnk 62 / 134
Flag Rnk 892 / 1133
2023
Destination $61.2k Argentina
2022 - 2023
FASTEST GROWING MARKET $61.2kArgentina
2023
PRODUCT COMPLEXITY IN Laboratory Reagents1.2Rnk 104 / 1025
2023
Imports $692kWorld Rnk 28 / 104
Flag Rnk 963 / 1199
2023
Origin $895 Argentina
2022 - 2023
FASTEST GROWING ORIGIN $895Philippines
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $70.2k in Laboratory Reagents, making it the 62nd largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 892nd most exported product in Chile. The main destination of Laboratory Reagents exports from Chile are: Argentina ($62.6k), Lebanon ($6.69k), and Philippines ($878).

The fastest growing export markets for Laboratory Reagents of Chile between 2022 and 2023 were Argentina ($61.2k) and Lebanon ($6.69k).

Imports In 2023, Chile imported $692k in Laboratory Reagents, becoming the 28th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 963rd most imported product in Chile. Chile imports Laboratory Reagents primarily from: Argentina ($691k) and Philippines ($1.11k).

The fastest growing import markets in Laboratory Reagents for Chile between 2022 and 2023 were Philippines ($895).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Laboratory Reagents exports accounted up to $547k and imports accounted up to $407M, resulting in a negative trade balance of $406M. Between November 2023 and November 2024 the exports of Chile's   Laboratory Reagents have increased by $24.6k (4.72%) from $522k to $547k, while imports increased by $35.1M (9.46%) from $372M to $407M.

Destinations In November 2024, Laboratory Reagents were exported mostly to United States ($395k), Mexico ($81.5k), Peru ($33.9k), Argentina ($10.1k), and Australia ($9.7k), and were imported mostly from Switzerland ($367M), United States ($20.7M), Germany ($6.64M), France ($2.43M), and South Korea ($1.83M).

Growth In November 2024, the increase in Laboratory Reagents's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Laboratory Reagents's year-by-year imports was explained primarily by an increase in imports from Uruguay ($3.39M or 390%), Germany ($2.96M or 28%), and Italy ($1.96M or 537%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$24.6k(4.72%)
IMPORT GROWTH (November 2023 - November 2024)$35.1M(9.46%)
MAIN EXPORTER (November 2024)Puerto Varas$874k
MAIN DESTINATION (November 2024)United States$395k

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$70.2k
IMPORTS (2023)$692k
NET TRADE (2023)-$622k

In 2023, Chile exported $70.2k in Laboratory Reagents. The main destinations of Chile exports on Laboratory Reagents were Argentina ($62.6k), Lebanon ($6.69k), and Philippines ($878).

In 2023, Chile imported $692k in Laboratory Reagents, mainly from Argentina ($691k) and Philippines ($1.11k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Argentina$61.2k (4.28k%)
Lebanon$6.69k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Chile WERE (2022 - 2023):
Ukraine-$8.9k (-100%)
Ecuador-$5.2k (-100%)
Trinidad and Tobago-$4k (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Laboratory Reagents were:
United States $108M
Germany $59.3M
China $22.8M
In 2023, Chile's main importing competitors in Laboratory Reagents were:
Argentina $132M
Philippines $69.2M
Lebanon $43.2M

Explore Visualizations

Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.19M
TOP IMPORT POTENTIALChina+ $16.4M

Laboratory Reagents’s highest export potential is United States. With an export gap of $3.19M.   Laboratory Reagents’s highest import potential is China with an import gap of $16.4M.

See methodology.

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