Machinery Having Individual Functions in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $31.8M in Machinery Having Individual Functions, making it the 55th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 133rd most exported product in Chile. The main destination of Machinery Having Individual Functions exports from Chile are: Argentina ($10.1M), Peru ($4.4M), United States ($4.21M), Spain ($2M), and Paraguay ($1.19M).

The fastest growing export markets for Machinery Having Individual Functions of Chile between 2021 and 2022 were Argentina ($6.14M), United States ($2.59M), and Paraguay ($1.15M).

Imports In 2022, Chile imported $258M in Machinery Having Individual Functions, becoming the 53rd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 72nd most imported product in Chile. Chile imports Machinery Having Individual Functions primarily from: China ($85.5M), United States ($34.6M), Germany ($29.2M), Italy ($26.9M), and Spain ($15.7M).

The fastest growing import markets in Machinery Having Individual Functions for Chile between 2021 and 2022 were China ($9.9M), Italy ($4.81M), and Turkey ($3.31M).

Latest Trends

June 2024

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Overview In June 2024 Chile's Machinery Having Individual Functions exports accounted up to $1.87M and imports accounted up to $13.7M, resulting in a negative trade balance of $11.8M. Between June 2023 and June 2024 the exports of Chile's Machinery Having Individual Functions have increased by $235k (14.4%) from $1.64M to $1.87M, while imports increased by $444k (3.36%) from $13.2M to $13.7M.

Destinations In June 2024, Machinery Having Individual Functions were exported mostly to United Arab Emirates ($945k), Peru ($197k), Mexico ($182k), Argentina ($162k), and Spain ($142k), and were imported mostly from United States ($4.19M), Germany ($3.62M), Norway ($934k), Spain ($755k), and France ($620k).

Growth In June 2024, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to Peru ($245k or 429%), Mexico ($5.24k or 70.5%), and Brazil ($1.54k or 589%). In June 2024, the increase in Machinery Having Individual Functions's year-by-year imports was explained primarily by an increase in imports from United States ($1.88M or 65.3%), Italy ($995k or 119%), and Switzerland ($508k or 69.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$235k(14.4%)

IMPORT GROWTH (June 2023 - June 2024)$444k(3.36%)

MAIN EXPORTER (June 2024)Vitacura$1.13M

MAIN DESTINATION (June 2024)United Arab Emirates$945k

This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.

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