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2023
Exports $367kWorld Rnk 60 / 171
Flag Rnk 680 / 1133
2023
Destination $66.8k Bolivia
2022 - 2023
FASTEST GROWING MARKET $66.8kBolivia
2023
PRODUCT COMPLEXITY IN Sound Recording Equipment0.41Rnk 405 / 1025
2023
Imports $8.81MWorld Rnk 48 / 209
Flag Rnk 570 / 1199
2023
Origin $1.48M China
2022 - 2023
FASTEST GROWING ORIGIN $1.48MPeru
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $367k in Sound Recording Equipment, making it the 60th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 680th most exported product in Chile. The main destination of Sound Recording Equipment exports from Chile are: Bolivia ($114k), United States ($110k), Mexico ($66.6k), United Kingdom ($13.9k), and Bulgaria ($13.2k).

The fastest growing export markets for Sound Recording Equipment of Chile between 2022 and 2023 were Bolivia ($66.8k), Mexico ($66.6k), and Bulgaria ($11k).

Imports In 2023, Chile imported $8.81M in Sound Recording Equipment, becoming the 48th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 570th most imported product in Chile. Chile imports Sound Recording Equipment primarily from: China ($3.91M), Peru ($1.76M), Vietnam ($1.07M), United States ($620k), and Malaysia ($283k).

The fastest growing import markets in Sound Recording Equipment for Chile between 2022 and 2023 were Peru ($1.48M), Vietnam ($1.05M), and Malaysia ($98.5k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Sound Recording Equipment exports accounted up to $2.46k and imports accounted up to $2.31M, resulting in a negative trade balance of $2.31M. Between June 2023 and November 2024 the exports of Chile's   Sound Recording Equipment have decreased by $-779 (-24%) from $3.24k to $2.46k, while imports increased by $1.13M (96.3%) from $1.18M to $2.31M.

Destinations In November 2024, Sound Recording Equipment were exported mostly to Bolivia ($1.82k), Peru ($298), Uruguay ($179), and China ($164), and were imported mostly from China ($1.47M), United States ($322k), Malaysia ($222k), United Kingdom ($147k), and Canada ($48.5k).

Growth In November 2024, the decrease in Sound Recording Equipment's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Sound Recording Equipment's year-by-year imports was explained primarily by an increase in imports from United States ($84k or 128%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - November 2024)$-779(-24%)
IMPORT GROWTH (November 2023 - November 2024)$1.13M(96.3%)
MAIN EXPORTER (November 2024)Las Condes$276k
MAIN DESTINATION (November 2024)Bolivia$1.82k

This section shows Sound Recording Equipment'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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$367k
IMPORTS (2023)$8.81M
NET TRADE (2023)-$8.44M

In 2023, Chile exported $367k in Sound Recording Equipment. The main destinations of Chile exports on Sound Recording Equipment were Bolivia ($114k), United States ($110k), Mexico ($66.6k), United Kingdom ($13.9k), and Bulgaria ($13.2k).

In 2023, Chile imported $8.81M in Sound Recording Equipment, mainly from China ($3.91M), Peru ($1.76M), Vietnam ($1.07M), United States ($620k), and Malaysia ($283k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Bolivia$66.8k (142%)
Mexico$66.6k (1%)
Bulgaria$11k (518%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Chile WERE (2022 - 2023):
Argentina-$46k (-100%)
United States-$21.7k (-16.5%)
Netherlands-$3.92k (-63.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Sound Recording Equipment were:
China $2.14B
Vietnam $402M
Netherlands $211M
In 2023, Chile's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $388M
Netherlands $243M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $139k
TOP IMPORT POTENTIALChina+ $702k

Sound Recording Equipment’s highest export potential is United States. With an export gap of $139k.   Sound Recording Equipment’s highest import potential is China with an import gap of $702k.

See methodology.

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