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2023
Exports $754kWorld Rnk 47 / 90
Flag Rnk 581 / 1133
2023
Destination $476k Argentina
2022 - 2023
FASTEST GROWING MARKET $476kArgentina
2023
PRODUCT COMPLEXITY IN Steel Bars0.38Rnk 420 / 1025
2023
Imports $3.67MWorld Rnk 64 / 166
Flag Rnk 732 / 1199
2023
Origin $8.95k China
2022 - 2023
FASTEST GROWING ORIGIN $8.95kSweden
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $754k in Steel Bars, making it the 47th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 581st most exported product in Chile. The main destination of Steel Bars exports from Chile are: Argentina ($476k), Brazil ($226k), Bolivia ($44.8k), and Colombia ($7.85k).

The fastest growing export markets for Steel Bars of Chile between 2022 and 2023 were Argentina ($476k) and Bolivia ($44.8k).

Imports In 2023, Chile imported $3.67M in Steel Bars, becoming the 64th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 732nd most imported product in Chile. Chile imports Steel Bars primarily from: China ($3.61M), Spain ($41.2k), Sweden ($8.95k), Germany ($2.89k), and Italy ($1.62k).

The fastest growing import markets in Steel Bars for Chile between 2022 and 2023 were Sweden ($8.95k) and Germany ($2.89k).

Latest Trends

April 2024

About

Overview In April 2024 Chile's Steel Bars exports accounted up to $10.4k and imports accounted up to $1.44k, resulting in a positive trade balance of $8.93k. Between March 2023 and April 2024 the exports of Chile's   Steel Bars have decreased by $-60.4k (-85.3%) from $70.8k to $10.4k, while imports decreased by $-14.9k (-91.2%) from $16.3k to $1.44k.

Destinations In April 2024, Steel Bars were exported mostly to , and were imported mostly from .

Growth In April 2024, the decrease in Steel Bars's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Steel Bars's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - April 2024)$-60.4k(-85.3%)
IMPORT GROWTH (August 2018 - September 2024)$-14.9k(-91.2%)
MAIN EXPORTER (April 2024)
MAIN DESTINATION (April 2024)

This section shows Steel Bars'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 Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$754k
IMPORTS (2023)$3.67M
NET TRADE (2023)-$2.91M

In 2023, Chile exported $754k in Steel Bars. The main destinations of Chile exports on Steel Bars were Argentina ($476k), Brazil ($226k), Bolivia ($44.8k), and Colombia ($7.85k).

In 2023, Chile imported $3.67M in Steel Bars, mainly from China ($3.61M), Spain ($41.2k), Sweden ($8.95k), Germany ($2.89k), and Italy ($1.62k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Argentina$476k (1%)
Bolivia$44.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Chile WERE (2022 - 2023):
Brazil-$556k (-71.1%)
Colombia-$79.3k (-91%)
Poland-$382 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Steel Bars were:
China $852M
Japan $646M
Germany $440M
In 2023, Chile's main importing competitors in Steel Bars were:
United States $583M
Thailand $378M
Germany $368M

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $40.9k
TOP IMPORT POTENTIALChina+ $194k

Steel Bars’s highest export potential is Colombia. With an export gap of $40.9k.   Steel Bars’s highest import potential is China with an import gap of $194k.

See methodology.

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