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2022
Exports $6.62MWorld Rnk 64 / 184
Flag Rnk 295 / 1142
2022
Destination $1.22M Argentina
2021 - 2022
FASTEST GROWING MARKET $1.22MAustralia
2022
PRODUCT COMPLEXITY IN Lifting Machinery1.12Rnk 128 / 1025
2022
Imports $196MWorld Rnk 42 / 219
Flag Rnk 94 / 1203
2022
Origin $13.1M China
2021 - 2022
FASTEST GROWING ORIGIN $13.1MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $6.62M in Lifting Machinery, making it the 64th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 295th most exported product in Chile. The main destination of Lifting Machinery exports from Chile are: Argentina ($1.65M), Australia ($1.61M), Peru ($994k), United States ($455k), and New Zealand ($333k).

The fastest growing export markets for Lifting Machinery of Chile between 2021 and 2022 were Australia ($1.22M), Argentina ($1.08M), and Peru ($385k).

Imports In 2022, Chile imported $196M in Lifting Machinery, becoming the 42nd largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 94th most imported product in Chile. Chile imports Lifting Machinery primarily from: China ($37.9M), Brazil ($24.7M), United States ($22.6M), Spain ($19.5M), and Germany ($12.9M).

The fastest growing import markets in Lifting Machinery for Chile between 2021 and 2022 were China ($13.1M), Brazil ($5.05M), and Thailand ($4.58M).

Latest Trends

October 2024

About

Overview In October 2024 Chile's Lifting Machinery exports accounted up to $46.1k and imports accounted up to $8.48M, resulting in a negative trade balance of $8.44M. Between October 2023 and October 2024 the exports of Chile's   Lifting Machinery have decreased by $-16.6k (-26.5%) from $62.8k to $46.1k, while imports increased by $1.12M (15.2%) from $7.36M to $8.48M.

Destinations In October 2024, Lifting Machinery were exported mostly to Morocco ($27.5k), Argentina ($14.9k), Uruguay ($1.89k), and Peru ($1.85k), and were imported mostly from Spain ($4.05M), South Africa ($1.46M), United States ($1.46M), Luxembourg ($740k), and Uruguay ($292k).

Growth In October 2024, the decrease in Lifting Machinery's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Lifting Machinery's year-by-year imports was explained primarily by an increase in imports from Brazil ($1.05M or 112%), Austria ($867k or 3.87k%), and China ($328k or 203%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-16.6k(-26.5%)
IMPORT GROWTH (October 2023 - October 2024)$1.12M(15.2%)
MAIN EXPORTER (October 2024)Pudahuel$946k
MAIN DESTINATION (October 2024)Morocco$27.5k

This section shows Lifting Machinery'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 Lifting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.62M
IMPORTS (2022)$196M
NET TRADE (2022)-$190M

In 2022, Chile exported $6.62M in Lifting Machinery. The main destinations of Chile exports on Lifting Machinery were Argentina ($1.65M), Australia ($1.61M), Peru ($994k), United States ($455k), and New Zealand ($333k).

In 2022, Chile imported $196M in Lifting Machinery, mainly from China ($37.9M), Brazil ($24.7M), United States ($22.6M), Spain ($19.5M), and Germany ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Australia$1.22M (314%)
Argentina$1.08M (189%)
Peru$385k (63.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Chile WERE (2021 - 2022):
Brazil-$1.39M (-86.2%)
Italy-$223k (-100%)
Colombia-$129k (-95.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Chile's main importing competitors in Lifting Machinery were:
United States $5.58B
Germany $2.32B
United Kingdom $1.44B

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1M
TOP IMPORT POTENTIALChina+ $11.7M

Lifting Machinery’s highest export potential is United States. With an export gap of $1M.   Lifting Machinery’s highest import potential is China with an import gap of $11.7M.

See methodology.

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