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2023
Exports $18.4MWorld Rnk 28 / 113
Flag Rnk 173 / 1133
falsefalse Peru
2023
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 412 / 1025
2023
Imports $38.7MWorld Rnk 31 / 203
Flag Rnk 308 / 1199
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $18.4M in Whey and other milk products, making it the 28th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 173rd most exported product in Chile. The main destination of Whey and other milk products exports from Chile are: Peru ($5.37M), Singapore ($3.56M), China ($2.95M), South Korea ($1.18M), and Colombia ($1.04M).

Imports In 2023, Chile imported $38.7M in Whey and other milk products, becoming the 31st largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 308th most imported product in Chile. Chile imports Whey and other milk products primarily from: Argentina ($17M), New Zealand ($8.56M), United States ($4.41M), Ireland ($3.61M), and Netherlands ($2.49M).

The fastest growing import markets in Whey and other milk products for Chile between 2022 and 2023 were Ireland ($1.6M), New Zealand ($1.41M), and Germany ($996k).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Whey and other milk products exports accounted up to $1.41M and imports accounted up to $129k, resulting in a positive trade balance of $1.28M. Between November 2023 and November 2024 the exports of Chile's   Whey and other milk products have increased by $172k (14%) from $1.23M to $1.41M, while imports decreased by $-34.4k (-21.1%) from $163k to $129k.

Destinations In November 2024, Whey and other milk products were exported mostly to Peru ($563k), China ($262k), Singapore ($185k), South Korea ($116k), and Guatemala ($76.3k), and were imported mostly from United States ($82.6k) and Brazil ($46.2k).

Growth In November 2024, the increase in Whey and other milk products's year-by-year exports was explained primarily by an increase in exports to Peru ($23.2k or 3.55%) and China ($17k or 11.5%). In November 2024, the decrease in Whey and other milk products's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$172k(14%)
IMPORT GROWTH (November 2023 - November 2024)$-34.4k(-21.1%)
MAIN EXPORTER (November 2024)La Unión$1.66M
MAIN DESTINATION (November 2024)Peru$563k

This section shows Whey and other milk products'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 Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.4M
IMPORTS (2023)$38.7M
NET TRADE (2023)-$20.2M

In 2023, Chile exported $18.4M in Whey and other milk products. The main destinations of Chile exports on Whey and other milk products were Peru ($5.37M), Singapore ($3.56M), China ($2.95M), South Korea ($1.18M), and Colombia ($1.04M).

In 2023, Chile imported $38.7M in Whey and other milk products, mainly from Argentina ($17M), New Zealand ($8.56M), United States ($4.41M), Ireland ($3.61M), and Netherlands ($2.49M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Whey and other milk products were:
United States $775M
Germany $720M
New Zealand $569M
In 2023, Chile's main importing competitors in Whey and other milk products were:
China $817M
Netherlands $487M
United States $403M

Explore Visualizations

Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.85M
TOP IMPORT POTENTIALUnited States+ $1.08M

Whey and other milk products’s highest export potential is China. With an export gap of $1.85M.   Whey and other milk products’s highest import potential is United States with an import gap of $1.08M.

See methodology.

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