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2023
Exports $4.52MWorld Rnk 50 / 199
Flag Rnk 343 / 1133
2023
Destination $541k Bolivia
2022 - 2023
FASTEST GROWING MARKET $541kUnited States
2023
PRODUCT COMPLEXITY IN Motor-working Tools1.34Rnk 73 / 1025
2023
Imports $48.9MWorld Rnk 41 / 225
Flag Rnk 263 / 1199
2023
Origin $1.12M China
2022 - 2023
FASTEST GROWING ORIGIN $1.12MAustralia
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $4.52M in Motor-working Tools, making it the 50th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 343rd most exported product in Chile. The main destination of Motor-working Tools exports from Chile are: Bolivia ($939k), United States ($787k), Peru ($638k), Mexico ($483k), and Philippines ($475k).

The fastest growing export markets for Motor-working Tools of Chile between 2022 and 2023 were United States ($541k), Bolivia ($516k), and Mexico ($480k).

Imports In 2023, Chile imported $48.9M in Motor-working Tools, becoming the 41st largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 263rd most imported product in Chile. Chile imports Motor-working Tools primarily from: China ($22.6M), United States ($8.62M), Germany ($3.72M), Brazil ($2.65M), and Australia ($1.55M).

The fastest growing import markets in Motor-working Tools for Chile between 2022 and 2023 were Australia ($1.12M), Denmark ($453k), and Italy ($432k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Motor-working Tools exports accounted up to $649k and imports accounted up to $8.32M, resulting in a negative trade balance of $7.68M. Between November 2023 and November 2024 the exports of Chile's   Motor-working Tools have decreased by $-33.5k (-4.9%) from $682k to $649k, while imports decreased by $-3.34M (-28.6%) from $11.7M to $8.32M.

Destinations In November 2024, Motor-working Tools were exported mostly to Peru ($415k), Argentina ($126k), Paraguay ($29.3k), United States ($27.8k), and Canada ($21.6k), and were imported mostly from United States ($2.81M), Chile ($1.9M), Germany ($1.22M), Mexico ($409k), and China ($350k).

Growth In November 2024, the decrease in Motor-working Tools's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-67.4k or -99.4%). In November 2024, the decrease in Motor-working Tools's year-by-year imports was explained primarily by a decrease in imports from China ($-8.44M or -96.4%), Germany ($-5.36M or -96.4%), and Brazil ($-1.01M or -99.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-33.5k(-4.9%)
IMPORT GROWTH (November 2023 - November 2024)$-3.34M(-28.6%)
MAIN EXPORTER (November 2024)Quilicura$587k
MAIN DESTINATION (November 2024)Peru$415k

This section shows Motor-working Tools'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 Motor-working Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.52M
IMPORTS (2023)$48.9M
NET TRADE (2023)-$44.4M

In 2023, Chile exported $4.52M in Motor-working Tools. The main destinations of Chile exports on Motor-working Tools were Bolivia ($939k), United States ($787k), Peru ($638k), Mexico ($483k), and Philippines ($475k).

In 2023, Chile imported $48.9M in Motor-working Tools, mainly from China ($22.6M), United States ($8.62M), Germany ($3.72M), Brazil ($2.65M), and Australia ($1.55M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$541k (220%)
Bolivia$516k (122%)
Mexico$480k (17.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Chile WERE (2022 - 2023):
Argentina-$124k (-41.5%)
South Africa-$77.3k (-100%)
Panama-$64k (-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 Motor-working Tools were:
China $3.15B
Germany $1.17B
United States $712M
In 2023, Chile's main importing competitors in Motor-working Tools were:
United States $1.37B
Germany $482M
Mexico $458M

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $896k
TOP IMPORT POTENTIALGermany+ $3.85M

Motor-working Tools’s highest export potential is Argentina. With an export gap of $896k.   Motor-working Tools’s highest import potential is Germany with an import gap of $3.85M.

See methodology.

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