2018
Exports
$1.35BWorld Rnk 89 / 216
Flag Rnk 10 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2018
Imports
$21BWorld Rnk 35 / 225
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Chile
-0.18Rnk 74 / 133

About

Exports In 2018, Chile exported $1.35B in Mineral fuels, mineral oils and products of their distillation, making it the 89th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 10th most exported product in Chile. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Chile are: Bolivia ($423M), United States ($201M), Panama ($173M), United Kingdom ($120M), and Singapore ($111M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Chile between 2021 and 2022 were Bolivia ($268M), United States ($182M), and United Kingdom ($109M).

Imports In 2022, Chile imported $21B in Mineral fuels, mineral oils and products of their distillation, becoming the 35th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Chile. Chile imports Mineral fuels, mineral oils and products of their distillation primarily from: United States ($11.8B), Brazil ($3.27B), Argentina ($1.09B), Colombia ($1.02B), and Ecuador ($913M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Chile between 2021 and 2022 were United States ($5.3B), Brazil ($1.25B), and Argentina ($739M).

COMPANIES In 2023, leading companies such as Fetzer Vineyards (1) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Chile to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-98.7M(-75.9%)
IMPORT GROWTH (July 2023 - July 2024)$3.75M(37.3%)
MAIN EXPORTER (July 2024)Las Condes$62.5M
MAIN DESTINATION (July 2024)Bolivia$17.9M

This section shows Mineral fuels, mineral oils and products of their distillation'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 Mineral fuels, mineral oils and products of their distillation over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.35B
IMPORTS (2022)$21B
NET TRADE (2022)-$19.7B

In 2022, Chile exported $1.35B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Chile exports on Mineral fuels, mineral oils and products of their distillation were Bolivia ($423M), United States ($201M), Panama ($173M), United Kingdom ($120M), and Singapore ($111M).

In 2022, Chile imported $21B in Mineral fuels, mineral oils and products of their distillation, mainly from United States ($11.8B), Brazil ($3.27B), Argentina ($1.09B), Colombia ($1.02B), and Ecuador ($913M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Bolivia$268M (173%)
United States$182M (958%)
United Kingdom$109M (991%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Chile WERE (2021 - 2022):
South Africa-$114M (-75%)
Bahamas-$14.1M (-100%)
Netherlands-$10.4M (-41.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Chile's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $174M
TOP IMPORT POTENTIALSouth Korea+ $101M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is United States. With an export gap of $174M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is South Korea with an import gap of $101M.

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