2022
Exports
$243MWorld Rnk 62 / 223
Flag Rnk 27 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$2.08BWorld Rnk 48 / 226
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Chile
-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $243M in Pharmaceutical products, making it the 62nd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 27th most exported product in Chile. The main destination of Pharmaceutical products exports from Chile are: Ecuador ($61.3M), Bolivia ($24.2M), Paraguay ($22.5M), Peru ($19.1M), and Colombia ($13.4M).

The fastest growing export markets for Pharmaceutical products of Chile between 2021 and 2022 were Ecuador ($26.7M), Paraguay ($5.05M), and Bolivia ($4.14M).

Imports In 2022, Chile imported $2.08B in Pharmaceutical products, becoming the 48th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 7th most imported product in Chile. Chile imports Pharmaceutical products primarily from: United States ($332M), Germany ($228M), Belgium ($198M), Switzerland ($164M), and India ($153M).

The fastest growing import markets in Pharmaceutical products for Chile between 2021 and 2022 were Belgium ($121M), Ireland ($56.2M), and Switzerland ($28.3M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-3.27M(-20.3%)
IMPORT GROWTH (June 2023 - June 2024)$165M(65.5%)
MAIN EXPORTER (June 2024)Renca$7.94M
MAIN DESTINATION (June 2024)Ecuador$2.55M

This section shows Pharmaceutical products'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 Pharmaceutical products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$243M
IMPORTS (2022)$2.08B
NET TRADE (2022)-$1.84B

In 2022, Chile exported $243M in Pharmaceutical products. The main destinations of Chile exports on Pharmaceutical products were Ecuador ($61.3M), Bolivia ($24.2M), Paraguay ($22.5M), Peru ($19.1M), and Colombia ($13.4M).

In 2022, Chile imported $2.08B in Pharmaceutical products, mainly from United States ($332M), Germany ($228M), Belgium ($198M), Switzerland ($164M), and India ($153M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Ecuador$26.7M (77.1%)
Paraguay$5.05M (29%)
Bolivia$4.14M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Chile WERE (2021 - 2022):
Argentina-$6.4M (-70.7%)
Vietnam-$6.24M (-53.6%)
Germany-$3.74M (-73.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Pharmaceutical products were:
In 2022, Chile's main importing competitors in Pharmaceutical products were:

Explore Visualizations

Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.6M
TOP IMPORT POTENTIALUnited States+ $99.1M

Pharmaceutical products’s highest export potential is United States. With an export gap of $14.6M.   Pharmaceutical products’s highest import potential is United States with an import gap of $99.1M.

See methodology.

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