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2022
Exports $519MWorld Rnk 12 / 125
Flag Rnk 27 / 1142
2022
Destination $13.5M South Korea
2021 - 2022
FASTEST GROWING MARKET $13.5MSouth Korea
2022
PRODUCT COMPLEXITY IN Pig Meat0.68Rnk 284 / 1025
2022
Imports $225MWorld Rnk 33 / 218
Flag Rnk 81 / 1203
2022
Origin $8.83M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $8.83MSpain
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $519M in Pig Meat, making it the 12th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 27th most exported product in Chile. The main destination of Pig Meat exports from Chile are: South Korea ($158M), China ($140M), Japan ($115M), Colombia ($33.6M), and United States ($16M).

The fastest growing export markets for Pig Meat of Chile between 2021 and 2022 were South Korea ($13.5M), Colombia ($8.82M), and Mexico ($6.45M).

Imports In 2022, Chile imported $225M in Pig Meat, becoming the 33rd largest importer of Pig Meat in the world. At the same year, Pig Meat was the 81st most imported product in Chile. Chile imports Pig Meat primarily from: Brazil ($138M), United States ($34.5M), Spain ($26.5M), Germany ($14.8M), and Poland ($3M).

The fastest growing import markets in Pig Meat for Chile between 2021 and 2022 were Spain ($8.83M), Ireland ($321k), and Netherlands ($250k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Pig Meat exports accounted up to $59.5M and imports accounted up to $11.5M, resulting in a positive trade balance of $48M. Between August 2023 and August 2024 the exports of Chile's   Pig Meat have increased by $8.53M (16.7%) from $50.9M to $59.5M, while imports increased by $2.6M (29.3%) from $8.89M to $11.5M.

Destinations In August 2024, Pig Meat were exported mostly to South Korea ($18.7M), Japan ($16.9M), China ($10.9M), Costa Rica ($4.19M), and Colombia ($2.98M), and were imported mostly from Brazil ($7.88M), United States ($2.41M), Canada ($407k), Uruguay ($367k), and Denmark ($302k).

Growth In August 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to China ($14.6M or 205%), United States ($924k or 208%), and Costa Rica ($875k or 59.6%). In August 2024, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from Brazil ($3.7M or 298%) and Spain ($117k or 55.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$8.53M(16.7%)
IMPORT GROWTH (August 2023 - August 2024)$2.6M(29.3%)
MAIN EXPORTER (August 2024)Rancagua$43.8M
MAIN DESTINATION (August 2024)South Korea$18.7M

This section shows Pig Meat'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 Pig Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$519M
IMPORTS (2022)$225M
NET TRADE (2022)$294M

In 2022, Chile exported $519M in Pig Meat. The main destinations of Chile exports on Pig Meat were South Korea ($158M), China ($140M), Japan ($115M), Colombia ($33.6M), and United States ($16M).

In 2022, Chile imported $225M in Pig Meat, mainly from Brazil ($138M), United States ($34.5M), Spain ($26.5M), Germany ($14.8M), and Poland ($3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Meat EXPORT MARKETS FOR Chile WERE (2021 - 2022):
South Korea$13.5M (9.31%)
Colombia$8.82M (35.5%)
Mexico$6.45M (740%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Meat BY Chile WERE (2021 - 2022):
China-$189M (-57.4%)
Japan-$14.5M (-11.2%)
Russia-$2.75M (-78.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Pig Meat were:
Spain $5.92B
United States $5.38B
Germany $3.8B
In 2022, Chile's main importing competitors in Pig Meat were:
China $4.34B
Japan $4.03B
Italy $2.33B

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Trade Value of Pig Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.4M
TOP IMPORT POTENTIALUnited States+ $6.38M

Pig Meat’s highest export potential is China. With an export gap of $13.4M.   Pig Meat’s highest import potential is United States with an import gap of $6.38M.

See methodology.

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