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2022
Exports $2.11MWorld Rnk 35 / 132
Flag Rnk 463 / 1142
2022
Destination $1.27M United States
2021 - 2022
FASTEST GROWING MARKET $1.27MUnited States
2022
PRODUCT COMPLEXITY IN Oil Seed Flower-0.94Rnk 826 / 1025
2022
Imports $26.9MWorld Rnk 11 / 195
Flag Rnk 396 / 1203
2022
Origin $23.7M United States
2021 - 2022
FASTEST GROWING ORIGIN $23.7MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $2.11M in Oil Seed Flower, making it the 35th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 463rd most exported product in Chile. The main destination of Oil Seed Flower exports from Chile are: United States ($1.96M), Canada ($55k), Spain ($37.8k), Argentina ($21.6k), and Peru ($12k).

The fastest growing export markets for Oil Seed Flower of Chile between 2021 and 2022 were United States ($1.27M), Spain ($37.8k), and Turkey ($11k).

Imports In 2022, Chile imported $26.9M in Oil Seed Flower, becoming the 11th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 396th most imported product in Chile. Chile imports Oil Seed Flower primarily from: United States ($24M), Bolivia ($2.07M), Argentina ($498k), Netherlands ($138k), and China ($62.9k).

The fastest growing import markets in Oil Seed Flower for Chile between 2021 and 2022 were United States ($23.7M), Bolivia ($1.13M), and China ($62.9k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Oil Seed Flower exports accounted up to $2.87k and imports accounted up to $13k, resulting in a negative trade balance of $10.1k. Between May 2023 and August 2024 the exports of Chile's   Oil Seed Flower have decreased by $-3.6k (-55.6%) from $6.48k to $2.87k, while imports increased by $13k (26.1k%) from $49.7 to $13k.

Destinations In August 2024, Oil Seed Flower were exported mostly to Spain ($2.01k) and Peru ($863), and were imported mostly from Argentina ($13k).

Growth In August 2024, the decrease in Oil Seed Flower's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Oil Seed Flower's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - August 2024)$-3.6k(-55.6%)
IMPORT GROWTH (August 2023 - August 2024)$13k(26.1k%)
MAIN EXPORTER (August 2024)Temuco$10.9k
MAIN DESTINATION (August 2024)Spain$2.01k

This section shows Oil Seed Flower'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 Oil Seed Flower over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.11M
IMPORTS (2022)$26.9M
NET TRADE (2022)-$24.8M

In 2022, Chile exported $2.11M in Oil Seed Flower. The main destinations of Chile exports on Oil Seed Flower were United States ($1.96M), Canada ($55k), Spain ($37.8k), Argentina ($21.6k), and Peru ($12k).

In 2022, Chile imported $26.9M in Oil Seed Flower, mainly from United States ($24M), Bolivia ($2.07M), Argentina ($498k), Netherlands ($138k), and China ($62.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United States$1.27M (184%)
Spain$37.8k (1%)
Turkey$11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Chile WERE (2021 - 2022):
Canada-$283k (-83.7%)
Germany-$21k (-100%)
United Kingdom-$14k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Oil Seed Flower were:
United States $412M
Italy $139M
China $66.2M
In 2022, Chile's main importing competitors in Oil Seed Flower were:
Vietnam $132M
Japan $79.5M
South Korea $73.8M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $46.2k
TOP IMPORT POTENTIALBolivia+ $616k

Oil Seed Flower’s highest export potential is Canada. With an export gap of $46.2k.   Oil Seed Flower’s highest import potential is Bolivia with an import gap of $616k.

See methodology.

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