Processed Crustaceans in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $473M in Processed Crustaceans, making it the 11th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 29th most exported product in Chile. The main destination of Processed Crustaceans exports from Chile are: Japan ($120M), United States ($96M), Spain ($59.8M), Russia ($29.3M), and Italy ($28.4M).

The fastest growing export markets for Processed Crustaceans of Chile between 2021 and 2022 were Japan ($37M), United States ($27.4M), and Italy ($3.07M).

Imports In 2022, Chile imported $49.6M in Processed Crustaceans, becoming the 33rd largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 298th most imported product in Chile. Chile imports Processed Crustaceans primarily from: China ($42.2M), Ecuador ($5.2M), Thailand ($607k), Spain ($580k), and Vietnam ($270k).

The fastest growing import markets in Processed Crustaceans for Chile between 2021 and 2022 were Indonesia ($186k), Czechia ($171k), and France ($15.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Processed Crustaceans from Chile to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Chile's Processed Crustaceans exports accounted up to $24.5M and imports accounted up to $4.08M, resulting in a positive trade balance of $20.4M. Between January 2023 and January 2024 the exports of Chile's Processed Crustaceans have increased by $3.37M (16%) from $21.1M to $24.5M, while imports increased by $3.46M (557%) from $621k to $4.08M.

Destinations In January 2024, Processed Crustaceans were exported mostly to United States ($7.1M), Spain ($5.16M), Russia ($1.65M), France ($1.27M), and Italy ($1.24M), and were imported mostly from Ecuador ($2M), United States ($700k), Hong Kong ($493k), China ($415k), and Spain ($402k).

Growth In January 2024, the increase in Processed Crustaceans's year-by-year exports was explained primarily by an increase in exports to Spain ($1.83M or 94.4%), Italy ($526k or 76.9%), and Singapore ($472k or 264%). In January 2024, the increase in Processed Crustaceans's year-by-year imports was explained primarily by an increase in imports from South Korea ($108k or 421%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$3.37M(16%)

IMPORT GROWTH (January 2023 - January 2024)$3.46M(557%)

MAIN EXPORTER (January 2024)Las Condes$6.67M

MAIN DESTINATION (January 2024)United States$7.1M

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$473M

IMPORTS (2022)$49.6M

NET TRADE (2022)$423M

In 2022, Chile exported $473M in Processed Crustaceans. The main destinations of Chile exports on Processed Crustaceans were Japan ($120M), United States ($96M), Spain ($59.8M), Russia ($29.3M), and Italy ($28.4M).

In 2022, Chile imported $49.6M in Processed Crustaceans, mainly from China ($42.2M), Ecuador ($5.2M), Thailand ($607k), Spain ($580k), and Vietnam ($270k).

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