2022
Exports
$304kWorld Rnk 99 / 149
Flag Rnk 739 / 1142
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$47.2MWorld Rnk 93 / 208
Flag Rnk 307 / 1203
2022
ECONOMIC COMPLEXITY of Chile
-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $304k in Palm Oil, making it the 99th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 739th most exported product in Chile. The main destination of Palm Oil exports from Chile are: Peru ($304k), Belgium ($168), Netherlands ($88), and Germany ($17).

The fastest growing export markets for Palm Oil of Chile between 2021 and 2022 were Peru ($22.3k), Belgium ($168), and Germany ($17).

Imports In 2022, Chile imported $47.2M in Palm Oil, becoming the 93rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 307th most imported product in Chile. Chile imports Palm Oil primarily from: Peru ($31.7M), Colombia ($12M), Malaysia ($1.37M), Ecuador ($738k), and Mexico ($634k).

The fastest growing import markets in Palm Oil for Chile between 2021 and 2022 were Colombia ($5.94M), Peru ($5.82M), and Ecuador ($393k).

Latest Trends

Aug 2024

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 (2022)$304k
IMPORTS (2022)$47.2M
NET TRADE (2022)-$46.9M

In 2022, Chile exported $304k in Palm Oil. The main destinations of Chile exports on Palm Oil were Peru ($304k), Belgium ($168), Netherlands ($88), and Germany ($17).

In 2022, Chile imported $47.2M in Palm Oil, mainly from Peru ($31.7M), Colombia ($12M), Malaysia ($1.37M), Ecuador ($738k), and Mexico ($634k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$22.3k (7.93%)
Belgium$168 (1%)
Germany$17 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Chile WERE (2021 - 2022):
Netherlands-$1.66k (-95%)
Singapore-$16 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Chile's main exporting competitors in Palm Oil were:
In 2022, Chile's main importing competitors in Palm Oil were:
India $11.1B
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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