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2023
Exports $988kWorld Rnk 116 / 186
Flag Rnk 548 / 1133
2023
Destination $531k United States
2022 - 2023
FASTEST GROWING MARKET $531kUnited States
2023
PRODUCT COMPLEXITY IN Raw Sugar-1.88Rnk 988 / 1025
2023
Imports $379MWorld Rnk 30 / 225
Flag Rnk 42 / 1199
2023
Origin $49.2M Brazil
2022 - 2023
FASTEST GROWING ORIGIN $49.2MBrazil
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $988k in Raw Sugar, making it the 116th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 548th most exported product in Chile. The main destination of Raw Sugar exports from Chile are: United States ($534k), Barbados ($304k), Cuba ($104k), Peru ($23.9k), and Netherlands ($10k).

The fastest growing export markets for Raw Sugar of Chile between 2022 and 2023 were United States ($531k), Barbados ($107k), and Netherlands ($8.73k).

Imports In 2023, Chile imported $379M in Raw Sugar, becoming the 30th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 42nd most imported product in Chile. Chile imports Raw Sugar primarily from: Brazil ($110M), Guatemala ($104M), Colombia ($86.8M), Argentina ($26.5M), and Bolivia ($17M).

The fastest growing import markets in Raw Sugar for Chile between 2022 and 2023 were Brazil ($49.2M), Colombia ($11.8M), and Guatemala ($9.66M).

COMPANIES In 2023, leading companies such as CMPC (2) were at the forefront of shipping Raw Sugar from Chile to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Chile's Raw Sugar exports accounted up to $1.12k and imports accounted up to $8M, resulting in a negative trade balance of $8M. Between November 2023 and November 2024 the exports of Chile's   Raw Sugar have decreased by $-27.6k (-96.1%) from $28.7k to $1.12k, while imports decreased by $-2.13M (-21%) from $10.1M to $8M.

Destinations In November 2024, Raw Sugar were exported mostly to United States ($917) and Colombia ($200), and were imported mostly from United States ($3.5M), Argentina ($2.52M), Colombia ($1.45M), Uruguay ($354k), and Switzerland ($149k).

Growth In November 2024, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to Ecuador ($-50 or -33.3%). In November 2024, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-210k or -56.8%) and United States ($-132k or -49.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-27.6k(-96.1%)
IMPORT GROWTH (November 2023 - November 2024)$-2.13M(-21%)
MAIN EXPORTER (November 2024)Valparaíso$95.1k
MAIN DESTINATION (November 2024)United States$917

This section shows Raw Sugar'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 Raw Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$988k
IMPORTS (2023)$379M
NET TRADE (2023)-$378M

In 2023, Chile exported $988k in Raw Sugar. The main destinations of Chile exports on Raw Sugar were United States ($534k), Barbados ($304k), Cuba ($104k), Peru ($23.9k), and Netherlands ($10k).

In 2023, Chile imported $379M in Raw Sugar, mainly from Brazil ($110M), Guatemala ($104M), Colombia ($86.8M), Argentina ($26.5M), and Bolivia ($17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$531k (19.6k%)
Barbados$107k (54.4%)
Netherlands$8.73k (661%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Chile WERE (2022 - 2023):
Panama-$40.5k (-100%)
Uruguay-$12.7k (-100%)
Cuba-$6.82k (-6.15%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
Thailand $3.81B
In 2023, Chile's main importing competitors in Raw Sugar were:
Indonesia $2.85B
United States $2.4B
China $2.24B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $35.7k
TOP IMPORT POTENTIALBrazil+ $20.3M

Raw Sugar’s highest export potential is Peru. With an export gap of $35.7k.   Raw Sugar’s highest import potential is Brazil with an import gap of $20.3M.

See methodology.

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