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2022
Exports $25.6MWorld Rnk 61 / 224
Flag Rnk 153 / 1142
2022
Destination $2.09M United States
2021 - 2022
FASTEST GROWING MARKET $2.09MTurkey
2022
PRODUCT COMPLEXITY IN Valves1.35Rnk 81 / 1025
2022
Imports $405MWorld Rnk 47 / 224
Flag Rnk 45 / 1203
2022
Origin $19.5M China
2021 - 2022
FASTEST GROWING ORIGIN $19.5MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $25.6M in Valves, making it the 61st largest exporter of Valves in the world. At the same year, Valves was the 153rd most exported product in Chile. The main destination of Valves exports from Chile are: United States ($6.44M), Turkey ($4.62M), Peru ($4.25M), Argentina ($2.42M), and Colombia ($1.97M).

The fastest growing export markets for Valves of Chile between 2021 and 2022 were Turkey ($2.09M), Peru ($813k), and Bolivia ($623k).

Imports In 2022, Chile imported $405M in Valves, becoming the 47th largest importer of Valves in the world. At the same year, Valves was the 45th most imported product in Chile. Chile imports Valves primarily from: China ($128M), United States ($118M), Germany ($21.3M), Italy ($19.4M), and Spain ($18.5M).

The fastest growing import markets in Valves for Chile between 2021 and 2022 were United States ($19.5M), United Kingdom ($2.93M), and Sweden ($2.6M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (118) were at the forefront of shipping Valves from Chile to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Chile's Valves exports accounted up to $1.46M and imports accounted up to $115M, resulting in a negative trade balance of $113M. Between June 2023 and June 2024 the exports of Chile's   Valves have decreased by $-196k (-11.8%) from $1.65M to $1.46M, while imports increased by $6.89M (6.38%) from $108M to $115M.

Destinations In June 2024, Valves were exported mostly to Argentina ($628k), Peru ($280k), United States ($196k), Brazil ($125k), and Bolivia ($71.9k), and were imported mostly from United States ($36.8M), Switzerland ($24.9M), Germany ($12.7M), Sweden ($6.61M), and China ($3.96M).

Growth In June 2024, the decrease in Valves's year-by-year exports was explained primarily by a decrease in exports to United States ($-222k or -31.1%), Ecuador ($-203k or -98.6%), and Colombia ($-157k or -83.4%). In June 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from United States ($8.94M or 44.8%), Uruguay ($8.7M or 397%), and France ($1.58M or 283%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-196k(-11.8%)
IMPORT GROWTH (June 2023 - June 2024)$6.89M(6.38%)
MAIN EXPORTER (June 2024)Quilicura$665k
MAIN DESTINATION (June 2024)Argentina$628k

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.6M
IMPORTS (2022)$405M
NET TRADE (2022)-$380M

In 2022, Chile exported $25.6M in Valves. The main destinations of Chile exports on Valves were United States ($6.44M), Turkey ($4.62M), Peru ($4.25M), Argentina ($2.42M), and Colombia ($1.97M).

In 2022, Chile imported $405M in Valves, mainly from China ($128M), United States ($118M), Germany ($21.3M), Italy ($19.4M), and Spain ($18.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Turkey$2.09M (83%)
Peru$813k (23.6%)
Bolivia$623k (74.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Chile WERE (2021 - 2022):
United States-$881k (-12%)
Argentina-$524k (-17.8%)
Ecuador-$409k (-44%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Valves were:
China $22.9B
Germany $14.7B
United States $12.5B
In 2022, Chile's main importing competitors in Valves were:
United States $16.8B
Germany $7.9B
China $7.84B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.51M
TOP IMPORT POTENTIALChina+ $26.3M

Valves’s highest export potential is United States. With an export gap of $6.51M.   Valves’s highest import potential is China with an import gap of $26.3M.

See methodology.

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