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2022
Exports $70.5MWorld Rnk 11 / 146
Flag Rnk 88 / 1142
2022
Destination $11.7M Brazil
2021 - 2022
FASTEST GROWING MARKET $11.7MBrazil
2022
PRODUCT COMPLEXITY IN Pure Olive Oil-0.75Rnk 772 / 1025
2022
Imports $12.1MWorld Rnk 51 / 218
Flag Rnk 560 / 1203
2022
Origin $2.83M Spain
2021 - 2022
FASTEST GROWING ORIGIN $2.83MArgentina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $70.5M in Pure Olive Oil, making it the 11th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 88th most exported product in Chile. The main destination of Pure Olive Oil exports from Chile are: Brazil ($34.9M), United States ($21.6M), Argentina ($5.33M), Spain ($3.97M), and Japan ($859k).

The fastest growing export markets for Pure Olive Oil of Chile between 2021 and 2022 were Brazil ($11.7M), Argentina ($4.32M), and Chile ($495k).

Imports In 2022, Chile imported $12.1M in Pure Olive Oil, becoming the 51st largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 560th most imported product in Chile. Chile imports Pure Olive Oil primarily from: Spain ($4.6M), Argentina ($3.43M), Peru ($1.51M), Italy ($1.03M), and Chile ($495k).

The fastest growing import markets in Pure Olive Oil for Chile between 2021 and 2022 were Argentina ($2.83M), Peru ($1.28M), and Chile ($495k).

Latest Trends

July 2024

About

Overview In July 2024 Chile's Pure Olive Oil exports accounted up to $31.4M and imports accounted up to $3.57M, resulting in a positive trade balance of $27.9M. Between July 2023 and July 2024 the exports of Chile's   Pure Olive Oil have increased by $16.2M (106%) from $15.2M to $31.4M, while imports increased by $3.49M (4.53k%) from $77.2k to $3.57M.

Destinations In July 2024, Pure Olive Oil were exported mostly to Spain ($9.06M), United States ($8.75M), Italy ($8.32M), Brazil ($4.29M), and Mexico ($369k), and were imported mostly from Argentina ($3.49M), Italy ($83.1k), Spain ($351), Turkey ($87.1), and United Kingdom ($70.1).

Growth In July 2024, the increase in Pure Olive Oil's year-by-year exports was explained primarily by an increase in exports to Brazil ($612k or 39.9%), Spain ($283k or 8.36k%), and Chinese Taipei ($6.07k or 144%). In July 2024, the increase in Pure Olive Oil's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$16.2M(106%)
IMPORT GROWTH (July 2023 - July 2024)$3.49M(4.53k%)
MAIN EXPORTER (July 2024)Melipilla$15.5M
MAIN DESTINATION (July 2024)Spain$9.06M

This section shows Pure Olive Oil'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 Pure Olive Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.5M
IMPORTS (2022)$12.1M
NET TRADE (2022)$58.4M

In 2022, Chile exported $70.5M in Pure Olive Oil. The main destinations of Chile exports on Pure Olive Oil were Brazil ($34.9M), United States ($21.6M), Argentina ($5.33M), Spain ($3.97M), and Japan ($859k).

In 2022, Chile imported $12.1M in Pure Olive Oil, mainly from Spain ($4.6M), Argentina ($3.43M), Peru ($1.51M), Italy ($1.03M), and Chile ($495k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Brazil$11.7M (50.4%)
Argentina$4.32M (426%)
Chile$495k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Chile WERE (2021 - 2022):
United States-$2.66M (-10.9%)
Spain-$468k (-10.5%)
Canada-$206k (-19.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
Portugal $962M
In 2022, Chile's main importing competitors in Pure Olive Oil were:
Italy $2.17B
United States $1.76B
Spain $892M

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.19M
TOP IMPORT POTENTIALSpain+ $878k

Pure Olive Oil’s highest export potential is United States. With an export gap of $4.19M.   Pure Olive Oil’s highest import potential is Spain with an import gap of $878k.

See methodology.

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