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2022
Exports $34.5MWorld Rnk 30 / 175
Flag Rnk 128 / 1142
2022
Destination $3.95M United States
2021 - 2022
FASTEST GROWING MARKET $3.95MUnited States
2022
PRODUCT COMPLEXITY IN Soups and Broths-0.5Rnk 704 / 1025
2022
Imports $12.7MWorld Rnk 59 / 223
Flag Rnk 542 / 1203
2022
Origin $564k United States
2021 - 2022
FASTEST GROWING ORIGIN $564kPeru
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $34.5M in Soups and Broths, making it the 30th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 128th most exported product in Chile. The main destination of Soups and Broths exports from Chile are: United States ($23.6M), Canada ($7.09M), Dominican Republic ($1.05M), Indonesia ($655k), and Peru ($583k).

The fastest growing export markets for Soups and Broths of Chile between 2021 and 2022 were United States ($3.95M), Canada ($3.31M), and Cuba ($205k).

Imports In 2022, Chile imported $12.7M in Soups and Broths, becoming the 59th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 542nd most imported product in Chile. Chile imports Soups and Broths primarily from: United States ($7.07M), Peru ($3.19M), Poland ($657k), Spain ($374k), and China ($360k).

The fastest growing import markets in Soups and Broths for Chile between 2021 and 2022 were Peru ($564k), United States ($285k), and Guatemala ($108k).

COMPANIES In 2023, leading companies such as Xerox (1) were at the forefront of shipping Soups and Broths from Chile to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Chile's Soups and Broths exports accounted up to $5.87M and imports accounted up to $268k, resulting in a positive trade balance of $5.6M. Between August 2023 and August 2024 the exports of Chile's   Soups and Broths have increased by $2.38M (68.3%) from $3.48M to $5.87M, while imports decreased by $-47.6k (-15.1%) from $316k to $268k.

Destinations In August 2024, Soups and Broths were exported mostly to United States ($4.07M), Canada ($1.14M), Brazil ($353k), Dominican Republic ($177k), and Indonesia ($69.5k), and were imported mostly from Peru ($126k), China ($56.2k), France ($46.3k), Mexico ($39.8k), and Spain ($150).

Growth In August 2024, the increase in Soups and Broths's year-by-year exports was explained primarily by an increase in exports to Peru ($84.2k or 93.8%), Canada ($46.5k or 4.18%), and Bolivia ($510 or 98.1%). In August 2024, the decrease in Soups and Broths's year-by-year imports was explained primarily by a decrease in imports from China ($-17.2k or -12.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.38M(68.3%)
IMPORT GROWTH (August 2023 - August 2024)$-47.6k(-15.1%)
MAIN EXPORTER (August 2024)Maule$3.44M
MAIN DESTINATION (August 2024)United States$4.07M

This section shows Soups and Broths'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 Soups and Broths over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.5M
IMPORTS (2022)$12.7M
NET TRADE (2022)$21.8M

In 2022, Chile exported $34.5M in Soups and Broths. The main destinations of Chile exports on Soups and Broths were United States ($23.6M), Canada ($7.09M), Dominican Republic ($1.05M), Indonesia ($655k), and Peru ($583k).

In 2022, Chile imported $12.7M in Soups and Broths, mainly from United States ($7.07M), Peru ($3.19M), Poland ($657k), Spain ($374k), and China ($360k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United States$3.95M (20.1%)
Canada$3.31M (87.4%)
Cuba$205k (7.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Chile WERE (2021 - 2022):
Dominican Republic-$526k (-33.4%)
Peru-$77.5k (-11.7%)
China-$52.7k (-62.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Soups and Broths were:
United States $701M
Germany $209M
Canada $195M
In 2022, Chile's main importing competitors in Soups and Broths were:
United States $398M
Mexico $342M
Canada $302M

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $487k
TOP IMPORT POTENTIALChina+ $283k

Soups and Broths’s highest export potential is Mexico. With an export gap of $487k.   Soups and Broths’s highest import potential is China with an import gap of $283k.

See methodology.

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