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2023
Exports $507MWorld Rnk 32 / 207
Flag Rnk 25 / 1133
2023
Destination $61.8M United States
2022 - 2023
FASTEST GROWING MARKET $61.8MUnited States
2023
PRODUCT COMPLEXITY IN Rubber Tires0.23Rnk 486 / 1025
2023
Imports $796MWorld Rnk 29 / 225
Flag Rnk 14 / 1199
2023
Origin $49.7M United States
2022 - 2023
FASTEST GROWING ORIGIN $49.7MUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $507M in Rubber Tires, making it the 32nd largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 25th most exported product in Chile. The main destination of Rubber Tires exports from Chile are: United States ($452M), Canada ($13.9M), Bolivia ($12.3M), Mexico ($7.38M), and China ($6.69M).

The fastest growing export markets for Rubber Tires of Chile between 2022 and 2023 were United States ($61.8M), China ($6.26M), and Mexico ($4.83M).

Imports In 2023, Chile imported $796M in Rubber Tires, becoming the 29th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 14th most imported product in Chile. Chile imports Rubber Tires primarily from: United States ($257M), China ($230M), Japan ($165M), Spain ($40.8M), and Brazil ($39.2M).

The fastest growing import markets in Rubber Tires for Chile between 2022 and 2023 were United States ($49.7M), Spain ($12.6M), and Italy ($1.98M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (42) and CMPC (2) were at the forefront of shipping Rubber Tires from Chile to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Chile's Rubber Tires exports accounted up to $31.8M and imports accounted up to $20.4M, resulting in a positive trade balance of $11.4M. Between November 2023 and November 2024 the exports of Chile's   Rubber Tires have decreased by $-21.6M (-40.5%) from $53.4M to $31.8M, while imports decreased by $-22.4M (-52.3%) from $42.8M to $20.4M.

Destinations In November 2024, Rubber Tires were exported mostly to United States ($29.2M), Bolivia ($538k), Spain ($530k), Mexico ($489k), and Brazil ($463k), and were imported mostly from China ($11.9M), Chile ($2.75M), South Korea ($1.72M), Heard Island and McDonald Islands ($1.22M), and Switzerland ($1.11M).

Growth In November 2024, the decrease in Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to United States ($-469k or -1.76%). In November 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from China ($-18.2M or -44.8%), United States ($-1.95M or -59.8%), and South Korea ($-1.44M or -75.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-21.6M(-40.5%)
IMPORT GROWTH (November 2023 - November 2024)$-22.4M(-52.3%)
MAIN EXPORTER (November 2024)Maipú$42.5M
MAIN DESTINATION (November 2024)United States$29.2M

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$507M
IMPORTS (2023)$796M
NET TRADE (2023)-$289M

In 2023, Chile exported $507M in Rubber Tires. The main destinations of Chile exports on Rubber Tires were United States ($452M), Canada ($13.9M), Bolivia ($12.3M), Mexico ($7.38M), and China ($6.69M).

In 2023, Chile imported $796M in Rubber Tires, mainly from United States ($257M), China ($230M), Japan ($165M), Spain ($40.8M), and Brazil ($39.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Chile WERE (2022 - 2023):
United States$61.8M (15.8%)
China$6.26M (1.49k%)
Mexico$4.83M (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Chile WERE (2022 - 2023):
Bolivia-$18.5M (-60%)
Brazil-$1.33M (-61.6%)
Guatemala-$807k (-90.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Rubber Tires were:
China $21.1B
Thailand $7.45B
Japan $6.54B
In 2023, Chile's main importing competitors in Rubber Tires were:
United States $19.4B
Germany $7.76B
France $4.79B

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.6M
TOP IMPORT POTENTIALThailand+ $11.8M

Rubber Tires’s highest export potential is United States. With an export gap of $16.6M.   Rubber Tires’s highest import potential is Thailand with an import gap of $11.8M.

See methodology.

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