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2022
Exports $1.1MWorld Rnk 42 / 166
Flag Rnk 542 / 1142
2022
Destination $123k Peru
2021 - 2022
FASTEST GROWING MARKET $123kPeru
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery1.33Rnk 87 / 1025
2022
Imports $7.52MWorld Rnk 36 / 214
Flag Rnk 643 / 1203
2022
Origin $418k China
2021 - 2022
FASTEST GROWING ORIGIN $418kCanada
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $1.1M in Soldering and Welding Machinery, making it the 42nd largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 542nd most exported product in Chile. The main destination of Soldering and Welding Machinery exports from Chile are: Peru ($977k), Bolivia ($47.2k), Colombia ($31.3k), Uruguay ($20.2k), and Paraguay ($12.3k).

The fastest growing export markets for Soldering and Welding Machinery of Chile between 2021 and 2022 were Peru ($123k), Colombia ($31.1k), and Uruguay ($9.28k).

Imports In 2022, Chile imported $7.52M in Soldering and Welding Machinery, becoming the 36th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 643rd most imported product in Chile. Chile imports Soldering and Welding Machinery primarily from: China ($3.24M), United States ($1.44M), Chinese Taipei ($666k), Poland ($662k), and Canada ($421k).

The fastest growing import markets in Soldering and Welding Machinery for Chile between 2021 and 2022 were Canada ($418k), Poland ($254k), and India ($158k).

Latest Trends

October 2024

About

Overview In October 2024 Chile's Soldering and Welding Machinery exports accounted up to $2k and imports accounted up to $661k, resulting in a negative trade balance of $659k. Between May 2023 and October 2024 the exports of Chile's   Soldering and Welding Machinery have increased by $1.28k (176%) from $727 to $2k, while imports increased by $44.8k (7.27%) from $616k to $661k.

Destinations In October 2024, Soldering and Welding Machinery were exported mostly to Argentina ($1.85k) and Brazil ($152), and were imported mostly from Chinese Taipei ($309k), Chile ($105k), United States ($91.4k), Germany ($64.5k), and China ($33.7k).

Growth In October 2024, the increase in Soldering and Welding Machinery's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Soldering and Welding Machinery's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - October 2024)$1.28k(176%)
IMPORT GROWTH (October 2023 - October 2024)$44.8k(7.27%)
MAIN EXPORTER (October 2024)Renca$11.6k
MAIN DESTINATION (October 2024)Argentina$1.85k

This section shows Soldering and Welding Machinery'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 Soldering and Welding Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.1M
IMPORTS (2022)$7.52M
NET TRADE (2022)-$6.41M

In 2022, Chile exported $1.1M in Soldering and Welding Machinery. The main destinations of Chile exports on Soldering and Welding Machinery were Peru ($977k), Bolivia ($47.2k), Colombia ($31.3k), Uruguay ($20.2k), and Paraguay ($12.3k).

In 2022, Chile imported $7.52M in Soldering and Welding Machinery, mainly from China ($3.24M), United States ($1.44M), Chinese Taipei ($666k), Poland ($662k), and Canada ($421k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$123k (14.3%)
Colombia$31.1k (26k%)
Uruguay$9.28k (85.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Chile WERE (2021 - 2022):
United States-$150k (-100%)
Bolivia-$129k (-73.2%)
Ecuador-$18.8k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Soldering and Welding Machinery were:
China $328M
Germany $105M
United States $80.1M
In 2022, Chile's main importing competitors in Soldering and Welding Machinery were:
United States $183M
Germany $58.6M
Mexico $48M

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $14.3k
TOP IMPORT POTENTIALGermany+ $118k

Soldering and Welding Machinery’s highest export potential is Italy. With an export gap of $14.3k.   Soldering and Welding Machinery’s highest import potential is Germany with an import gap of $118k.

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