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2022
Exports $4.02MWorld Rnk 76 / 155
Flag Rnk 354 / 1142
2022
Destination $845k Peru
2021 - 2022
FASTEST GROWING MARKET $845kPeru
2022
PRODUCT COMPLEXITY IN Margarine-0.83Rnk 786 / 1025
2022
Imports $111MWorld Rnk 19 / 219
Flag Rnk 165 / 1203
2022
Origin $14.5M Argentina
2021 - 2022
FASTEST GROWING ORIGIN $14.5MArgentina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $4.02M in Margarine, making it the 76th largest exporter of Margarine in the world. At the same year, Margarine was the 354th most exported product in Chile. The main destination of Margarine exports from Chile are: Peru ($1.91M), Vietnam ($704k), Canada ($468k), Argentina ($198k), and Mexico ($196k).

The fastest growing export markets for Margarine of Chile between 2021 and 2022 were Peru ($845k), Vietnam ($339k), and Canada ($21k).

Imports In 2022, Chile imported $111M in Margarine, becoming the 19th largest importer of Margarine in the world. At the same year, Margarine was the 165th most imported product in Chile. Chile imports Margarine primarily from: Argentina ($57.6M), Malaysia ($17M), Brazil ($11.8M), Colombia ($9.5M), and Indonesia ($2.9M).

The fastest growing import markets in Margarine for Chile between 2021 and 2022 were Argentina ($14.5M), Malaysia ($8.52M), and Brazil ($4.16M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Margarine exports accounted up to $293k and imports accounted up to $961k, resulting in a negative trade balance of $668k. Between June 2023 and June 2024 the exports of Chile's   Margarine have decreased by $-128k (-30.4%) from $421k to $293k, while imports decreased by $-276k (-22.3%) from $1.24M to $961k.

Destinations In June 2024, Margarine were exported mostly to Peru ($209k), Argentina ($62.9k), and Brazil ($20.4k), and were imported mostly from Malaysia ($275k), Argentina ($248k), China ($147k), Uruguay ($90.8k), and Peru ($73.2k).

Growth In June 2024, the decrease in Margarine's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Margarine's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-233k or -23.9%) and Chile ($-6.45k or -13.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-128k(-30.4%)
IMPORT GROWTH (June 2023 - June 2024)$-276k(-22.3%)
MAIN EXPORTER (June 2024)Conchalí$377k
MAIN DESTINATION (June 2024)Peru$209k

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 (2022)$4.02M
IMPORTS (2022)$111M
NET TRADE (2022)-$107M

In 2022, Chile exported $4.02M in Margarine. The main destinations of Chile exports on Margarine were Peru ($1.91M), Vietnam ($704k), Canada ($468k), Argentina ($198k), and Mexico ($196k).

In 2022, Chile imported $111M in Margarine, mainly from Argentina ($57.6M), Malaysia ($17M), Brazil ($11.8M), Colombia ($9.5M), and Indonesia ($2.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$845k (79.1%)
Vietnam$339k (92.9%)
Canada$21k (4.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Chile WERE (2021 - 2022):
United States-$387k (-96.9%)
New Zealand-$294k (-96.8%)
Australia-$140k (-67.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Margarine were:
Indonesia $1.98B
Belgium $849M
Netherlands $805M
In 2022, Chile's main importing competitors in Margarine were:
China $1.33B
France $570M
Germany $519M

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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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