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2023
Exports $4.95MWorld Rnk 69 / 162
Flag Rnk 327 / 1133
2023
Destination $844k Peru
2022 - 2023
FASTEST GROWING MARKET $844kPeru
2023
PRODUCT COMPLEXITY IN Margarine-0.85Rnk 793 / 1025
2023
Imports $78.2MWorld Rnk 26 / 221
Flag Rnk 184 / 1199
2023
Origin $1.99M Argentina
2022 - 2023
FASTEST GROWING ORIGIN $1.99MIndonesia
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $4.95M in Margarine, making it the 69th largest exporter of Margarine in the world. At the same year, Margarine was the 327th most exported product in Chile. The main destination of Margarine exports from Chile are: Peru ($2.15M), Argentina ($1.05M), Canada ($683k), Mexico ($451k), and Paraguay ($173k).

The fastest growing export markets for Margarine of Chile between 2022 and 2023 were Peru ($844k), Argentina ($843k), and Mexico ($255k).

Imports In 2023, Chile imported $78.2M in Margarine, becoming the 26th largest importer of Margarine in the world. At the same year, Margarine was the 184th most imported product in Chile. Chile imports Margarine primarily from: Argentina ($34.1M), Brazil ($14M), Malaysia ($10.1M), Indonesia ($4.41M), and Colombia ($3.59M).

The fastest growing import markets in Margarine for Chile between 2022 and 2023 were Indonesia ($1.99M), Bolivia ($960k), and Brazil ($810k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Margarine exports accounted up to $501k and imports accounted up to $1.6M, resulting in a negative trade balance of $1.1M. Between November 2023 and November 2024 the exports of Chile's   Margarine have increased by $322k (180%) from $179k to $501k, while imports increased by $572k (55.5%) from $1.03M to $1.6M.

Destinations In November 2024, Margarine were exported mostly to Peru ($205k), Guatemala ($165k), Argentina ($126k), Uruguay ($3.39k), and Bolivia ($1.78k), and were imported mostly from Argentina ($416k), Brazil ($384k), Uruguay ($281k), Malaysia ($227k), and Singapore ($136k).

Growth In November 2024, the increase in Margarine's year-by-year exports was explained primarily by an increase in exports to Peru ($274k or 489%). In November 2024, the increase in Margarine's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$322k(180%)
IMPORT GROWTH (November 2023 - November 2024)$572k(55.5%)
MAIN EXPORTER (November 2024)Conchalí$424k
MAIN DESTINATION (November 2024)Peru$205k

This section shows Margarine'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 Margarine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.95M
IMPORTS (2023)$78.2M
NET TRADE (2023)-$73.2M

In 2023, Chile exported $4.95M in Margarine. The main destinations of Chile exports on Margarine were Peru ($2.15M), Argentina ($1.05M), Canada ($683k), Mexico ($451k), and Paraguay ($173k).

In 2023, Chile imported $78.2M in Margarine, mainly from Argentina ($34.1M), Brazil ($14M), Malaysia ($10.1M), Indonesia ($4.41M), and Colombia ($3.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Peru$844k (64.5%)
Argentina$843k (405%)
Mexico$255k (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Chile WERE (2022 - 2023):
Vietnam-$427k (-72.6%)
Canada-$376k (-35.5%)
South Africa-$140k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Margarine were:
Indonesia $1.61B
Belgium $814M
Netherlands $682M
In 2023, Chile's main importing competitors in Margarine were:
China $1.08B
France $521M
Germany $411M

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $209k
TOP IMPORT POTENTIALIndonesia+ $3.02M

Margarine’s highest export potential is Argentina. With an export gap of $209k.   Margarine’s highest import potential is Indonesia with an import gap of $3.02M.

See methodology.

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