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2023
Exports $9.35MWorld Rnk 47 / 190
Flag Rnk 249 / 1133
2023
Destination $869k Costa Rica
2022 - 2023
FASTEST GROWING MARKET $869kHonduras
2023
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.53Rnk 356 / 1025
2023
Imports $86.6MWorld Rnk 35 / 220
Flag Rnk 173 / 1199
2023
Origin $2.21M Germany
2022 - 2023
FASTEST GROWING ORIGIN $2.21MSpain
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $9.35M in Special Pharmaceuticals, making it the 47th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 249th most exported product in Chile. The main destination of Special Pharmaceuticals exports from Chile are: Costa Rica ($1.88M), Vietnam ($1.66M), Nicaragua ($980k), Honduras ($869k), and Paraguay ($633k).

The fastest growing export markets for Special Pharmaceuticals of Chile between 2022 and 2023 were Honduras ($869k), Vietnam ($856k), and Burma ($164k).

Imports In 2023, Chile imported $86.6M in Special Pharmaceuticals, becoming the 35th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 173rd most imported product in Chile. Chile imports Special Pharmaceuticals primarily from: Germany ($13.7M), United States ($11.4M), Spain ($9.35M), Ireland ($7.72M), and Brazil ($7.63M).

The fastest growing import markets in Special Pharmaceuticals for Chile between 2022 and 2023 were Spain ($2.21M), Belgium ($1.51M), and Denmark ($362k).

Latest Trends

December 2024

About

Overview In December 2024 Chile's Special Pharmaceuticals exports accounted up to $424k and imports accounted up to $154M, resulting in a negative trade balance of $153M. Between December 2023 and December 2024 the exports of Chile's   Special Pharmaceuticals have increased by $183k (75.9%) from $241k to $424k, while imports increased by $42.7M (38.4%) from $111M to $154M.

Destinations In December 2024, Special Pharmaceuticals were exported mostly to Vietnam ($242k), Colombia ($130k), Barbados ($22k), Peru ($10.4k), and Burma ($10.3k), and were imported mostly from Switzerland ($139M), United States ($5.65M), Ireland ($3.77M), Spain ($1.15M), and Brazil ($829k).

Growth In December 2024, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to Vietnam ($105k or 90.8%), Paraguay ($61.2k or 724%), and Bolivia ($18k or 79.8%). In December 2024, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from Puerto Rico ($5.11M or 13.6%), Switzerland ($1.27M or 12.9%), and India ($507k or 1.7k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$183k(75.9%)
IMPORT GROWTH (December 2023 - December 2024)$42.7M(38.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Vietnam$242k

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.35M
IMPORTS (2023)$86.6M
NET TRADE (2023)-$77.2M

In 2023, Chile exported $9.35M in Special Pharmaceuticals. The main destinations of Chile exports on Special Pharmaceuticals were Costa Rica ($1.88M), Vietnam ($1.66M), Nicaragua ($980k), Honduras ($869k), and Paraguay ($633k).

In 2023, Chile imported $86.6M in Special Pharmaceuticals, mainly from Germany ($13.7M), United States ($11.4M), Spain ($9.35M), Ireland ($7.72M), and Brazil ($7.63M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Honduras$869k (1%)
Vietnam$856k (106%)
Burma$164k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Chile WERE (2022 - 2023):
Costa Rica-$1.79M (-48.8%)
Bolivia-$296k (-60.3%)
Paraguay-$186k (-22.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Special Pharmaceuticals were:
Germany $3.28B
United States $2.16B
Netherlands $1.28B
In 2023, Chile's main importing competitors in Special Pharmaceuticals were:
United States $3.5B
China $1.3B
Germany $1.2B

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $262k
TOP IMPORT POTENTIALGermany+ $3.37M

Special Pharmaceuticals’s highest export potential is Peru. With an export gap of $262k.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $3.37M.

See methodology.

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