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2022
Exports $2.83MWorld Rnk 52 / 198
Flag Rnk 414 / 1142
2022
Destination $241k Bolivia
2021 - 2022
FASTEST GROWING MARKET $241kBrazil
2022
PRODUCT COMPLEXITY IN Scales0.96Rnk 184 / 1025
2022
Imports $32.9MWorld Rnk 33 / 220
Flag Rnk 363 / 1203
2022
Origin $1.54M China
2021 - 2022
FASTEST GROWING ORIGIN $1.54MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $2.83M in Scales, making it the 52nd largest exporter of Scales in the world. At the same year, Scales was the 414th most exported product in Chile. The main destination of Scales exports from Chile are: Bolivia ($1.12M), Colombia ($535k), Paraguay ($369k), Brazil ($245k), and Venezuela ($211k).

The fastest growing export markets for Scales of Chile between 2021 and 2022 were Brazil ($241k), Colombia ($207k), and Ecuador ($36.3k).

Imports In 2022, Chile imported $32.9M in Scales, becoming the 33rd largest importer of Scales in the world. At the same year, Scales was the 363rd most imported product in Chile. Chile imports Scales primarily from: China ($14.3M), United States ($4.37M), Germany ($1.7M), Spain ($1.2M), and Japan ($1.17M).

The fastest growing import markets in Scales for Chile between 2021 and 2022 were United States ($1.54M), Argentina ($540k), and Netherlands ($481k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Scales exports accounted up to $66k and imports accounted up to $7.91M, resulting in a negative trade balance of $7.84M. Between August 2023 and August 2024 the exports of Chile's   Scales have decreased by $-83.7k (-55.9%) from $150k to $66k, while imports increased by $3.81M (92.8%) from $4.1M to $7.91M.

Destinations In August 2024, Scales were exported mostly to United States ($56.4k), New Zealand ($9.48k), and Peru ($179), and were imported mostly from Switzerland ($4.09M), United States ($777k), Canada ($690k), China ($644k), and Heard Island and McDonald Islands ($415k).

Growth In August 2024, the decrease in Scales's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Scales's year-by-year imports was explained primarily by an increase in imports from Sweden ($340k or 2.44k%), Argentina ($141k or 2.35k%), and Brazil ($46.3k or 1.06k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-83.7k(-55.9%)
IMPORT GROWTH (August 2023 - August 2024)$3.81M(92.8%)
MAIN EXPORTER (August 2024)Providencia$350k
MAIN DESTINATION (August 2024)United States$56.4k

This section shows Scales'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 Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.83M
IMPORTS (2022)$32.9M
NET TRADE (2022)-$30M

In 2022, Chile exported $2.83M in Scales. The main destinations of Chile exports on Scales were Bolivia ($1.12M), Colombia ($535k), Paraguay ($369k), Brazil ($245k), and Venezuela ($211k).

In 2022, Chile imported $32.9M in Scales, mainly from China ($14.3M), United States ($4.37M), Germany ($1.7M), Spain ($1.2M), and Japan ($1.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Brazil$241k (6.12k%)
Colombia$207k (62.9%)
Ecuador$36.3k (1.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Chile WERE (2021 - 2022):
Paraguay-$1.66M (-81.8%)
Venezuela-$252k (-54.3%)
Bolivia-$139k (-11%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Scales were:
China $1.91B
Germany $683M
Japan $297M
In 2022, Chile's main importing competitors in Scales were:
United States $871M
Germany $296M
Netherlands $285M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $120k
TOP IMPORT POTENTIALGermany+ $748k

Scales’s highest export potential is Brazil. With an export gap of $120k.   Scales’s highest import potential is Germany with an import gap of $748k.

See methodology.

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