2023
Exports
$463kWorld Rnk 95 / 150
Flag Rnk 644 / 1133
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$33.1MWorld Rnk 97 / 206
Flag Rnk 333 / 1199
2023
ECONOMIC COMPLEXITY of Chile
-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $463k in Palm Oil, making it the 95th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 644th most exported product in Chile. The main destination of Palm Oil exports from Chile are: Peru ($459k), Netherlands ($3.34k), and Portugal ($812).

The fastest growing export markets for Palm Oil of Chile between 2022 and 2023 were Peru ($127k), Netherlands ($3.24k), and Portugal ($812).

Imports In 2023, Chile imported $33.1M in Palm Oil, becoming the 97th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 333rd most imported product in Chile. Chile imports Palm Oil primarily from: Peru ($24.5M), Malaysia ($4.42M), Colombia ($3.32M), Argentina ($640k), and Ecuador ($105k).

The fastest growing import markets in Palm Oil for Chile between 2022 and 2023 were Malaysia ($3.46M), Argentina ($640k), and United States ($49.1k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$463k
IMPORTS (2023)$33.1M
NET TRADE (2023)-$32.7M

In 2023, Chile exported $463k in Palm Oil. The main destinations of Chile exports on Palm Oil were Peru ($459k), Netherlands ($3.34k), and Portugal ($812).

In 2023, Chile imported $33.1M in Palm Oil, mainly from Peru ($24.5M), Malaysia ($4.42M), Colombia ($3.32M), Argentina ($640k), and Ecuador ($105k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Peru$127k (38.4%)
Netherlands$3.24k (3.27k%)
Portugal$812 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Chile WERE (2022 - 2023):
Belgium-$190 (-100%)
Germany-$19 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Chile's main exporting competitors in Palm Oil were:
In 2023, Chile's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.46k
TOP IMPORT POTENTIALMalaysia+ $1.6M

Palm Oil’s highest export potential is India. With an export gap of $2.46k.   Palm Oil’s highest import potential is Malaysia with an import gap of $1.6M.

See methodology.

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