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2022
Exports $7.73MWorld Rnk 64 / 216
Flag Rnk 277 / 1142
2022
Destination $304k Bolivia
2021 - 2022
FASTEST GROWING MARKET $304kUnited States
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery1.33Rnk 86 / 1025
2022
Imports $132MWorld Rnk 54 / 224
Flag Rnk 143 / 1203
2022
Origin $1.9M China
2021 - 2022
FASTEST GROWING ORIGIN $1.9MNorway
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $7.73M in Other Electrical Machinery, making it the 64th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 277th most exported product in Chile. The main destination of Other Electrical Machinery exports from Chile are: Bolivia ($1.29M), Peru ($1.29M), United States ($800k), Japan ($789k), and Paraguay ($508k).

The fastest growing export markets for Other Electrical Machinery of Chile between 2021 and 2022 were United States ($304k), Germany ($273k), and Brazil ($249k).

Imports In 2022, Chile imported $132M in Other Electrical Machinery, becoming the 54th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 143rd most imported product in Chile. Chile imports Other Electrical Machinery primarily from: China ($76M), United States ($12.7M), Germany ($5.83M), Spain ($3.35M), and Brazil ($2.97M).

The fastest growing import markets in Other Electrical Machinery for Chile between 2021 and 2022 were Norway ($1.9M), United Kingdom ($1.12M), and Netherlands ($1.07M).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Other Electrical Machinery exports accounted up to $269k and imports accounted up to $24.1M, resulting in a negative trade balance of $23.8M. Between August 2023 and August 2024 the exports of Chile's   Other Electrical Machinery have decreased by $-32.3k (-10.7%) from $302k to $269k, while imports increased by $8.59M (55.5%) from $15.5M to $24.1M.

Destinations In August 2024, Other Electrical Machinery were exported mostly to Mexico ($97.7k), China ($65.4k), El Salvador ($28.8k), Uruguay ($26.5k), and Paraguay ($21.2k), and were imported mostly from Chile ($6.61M), United States ($4.37M), China ($2.61M), Brazil ($2.39M), and Germany ($2.28M).

Growth In August 2024, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to United States ($-37.7k or -30.5%) and Colombia ($-2.38k or -26.9%). In August 2024, the increase in Other Electrical Machinery's year-by-year imports was explained primarily by an increase in imports from United States ($2.22M or 49.3%), Spain ($1.2M or 866%), and Canada ($623k or 590%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-32.3k(-10.7%)
IMPORT GROWTH (August 2023 - August 2024)$8.59M(55.5%)
MAIN EXPORTER (August 2024)Quilicura$267k
MAIN DESTINATION (August 2024)Mexico$97.7k

This section shows Other Electrical Machinery'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 Other Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.73M
IMPORTS (2022)$132M
NET TRADE (2022)-$125M

In 2022, Chile exported $7.73M in Other Electrical Machinery. The main destinations of Chile exports on Other Electrical Machinery were Bolivia ($1.29M), Peru ($1.29M), United States ($800k), Japan ($789k), and Paraguay ($508k).

In 2022, Chile imported $132M in Other Electrical Machinery, mainly from China ($76M), United States ($12.7M), Germany ($5.83M), Spain ($3.35M), and Brazil ($2.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United States$304k (61.2%)
Germany$273k (157%)
Brazil$249k (4.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Chile WERE (2021 - 2022):
Bolivia-$658k (-33.8%)
Paraguay-$197k (-28%)
Guatemala-$166k (-91.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Other Electrical Machinery were:
China $27.5B
Germany $4.81B
United States $4.57B
In 2022, Chile's main importing competitors in Other Electrical Machinery were:
United States $18.2B
China $4.55B
Germany $3.76B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.92M
TOP IMPORT POTENTIALChina+ $11.6M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $1.92M.   Other Electrical Machinery’s highest import potential is China with an import gap of $11.6M.

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