Rubber in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $2.47M in Rubber, making it the 59th largest exporter of Rubber in the world. At the same year, Rubber was the 435th most exported product in Chile. The main destination of Rubber exports from Chile are: Peru ($2.4M), Colombia ($26.7k), Bolivia ($26k), Paraguay ($21.9k), and United States ($3.11k).

The fastest growing export markets for Rubber of Chile between 2021 and 2022 were Peru ($1.89M), Bolivia ($13.7k), and Paraguay ($5.2k).

Imports In 2022, Chile imported $41.9M in Rubber, becoming the 40th largest importer of Rubber in the world. At the same year, Rubber was the 332nd most imported product in Chile. Chile imports Rubber primarily from: Guatemala ($27.2M), Indonesia ($6.41M), Colombia ($2.23M), Vietnam ($2M), and Brazil ($1.57M).

The fastest growing import markets in Rubber for Chile between 2021 and 2022 were Indonesia ($2.25M), Guatemala ($1.56M), and Cote d'Ivoire ($588k).

COMPANIES In 2023, leading companies such as Lineage Cold Storage (4) and Fetzer Vineyards (2) were at the forefront of shipping Rubber from Chile to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Chile's Rubber exports accounted up to $48.8k and imports accounted up to $438k, resulting in a negative trade balance of $390k. Between February 2023 and March 2024 the exports of Chile's Rubber have decreased by $-13.7k (-22%) from $62.5k to $48.8k, while imports increased by $409k (1.41k%) from $29k to $438k.

Destinations In March 2024, Rubber were exported mostly to Peru ($48.8k), and were imported mostly from Singapore ($256k), Brazil ($120k), and Guatemala ($61.7k).

Growth In March 2024, the decrease in Rubber's year-by-year exports was explained primarily by a decrease in exports to Peru ($-235k or -94.4%). In March 2024, the increase in Rubber's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - March 2024)$-13.7k(-22%)

IMPORT GROWTH (March 2023 - March 2024)$409k(1.41k%)

MAIN EXPORTER (March 2024)Maipú$160k

MAIN DESTINATION (March 2024)Peru$48.8k

This section shows Rubber'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 over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.47M

IMPORTS (2022)$41.9M

NET TRADE (2022)-$39.5M

In 2022, Chile exported $2.47M in Rubber. The main destinations of Chile exports on Rubber were Peru ($2.4M), Colombia ($26.7k), Bolivia ($26k), Paraguay ($21.9k), and United States ($3.11k).

In 2022, Chile imported $41.9M in Rubber, mainly from Guatemala ($27.2M), Indonesia ($6.41M), Colombia ($2.23M), Vietnam ($2M), and Brazil ($1.57M).

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