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2022
Exports $18.8MWorld Rnk 49 / 213
Flag Rnk 177 / 1142
2022
Destination $1.5M Argentina
2021 - 2022
FASTEST GROWING MARKET $1.5MMauritania
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts1.7Rnk 24 / 1025
2022
Imports $113MWorld Rnk 41 / 225
Flag Rnk 160 / 1203
2022
Origin $6.15M China
2021 - 2022
FASTEST GROWING ORIGIN $6.15MSweden
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $18.8M in Interchangeable Tool Parts, making it the 49th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 177th most exported product in Chile. The main destination of Interchangeable Tool Parts exports from Chile are: Argentina ($3.22M), Brazil ($2.84M), United States ($2.77M), Mauritania ($1.96M), and Peru ($1.42M).

The fastest growing export markets for Interchangeable Tool Parts of Chile between 2021 and 2022 were Mauritania ($1.5M), Australia ($793k), and Brazil ($560k).

Imports In 2022, Chile imported $113M in Interchangeable Tool Parts, becoming the 41st largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 160th most imported product in Chile. Chile imports Interchangeable Tool Parts primarily from: China ($32M), United States ($15.5M), Sweden ($11.9M), India ($11.8M), and Mexico ($6.83M).

The fastest growing import markets in Interchangeable Tool Parts for Chile between 2021 and 2022 were Sweden ($6.15M), India ($3.87M), and United States ($3.18M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Interchangeable Tool Parts exports accounted up to $1.35M and imports accounted up to $14.1M, resulting in a negative trade balance of $12.8M. Between June 2023 and June 2024 the exports of Chile's   Interchangeable Tool Parts have increased by $143k (11.9%) from $1.2M to $1.35M, while imports increased by $1.71M (13.7%) from $12.4M to $14.1M.

Destinations In June 2024, Interchangeable Tool Parts were exported mostly to Portugal ($310k), Mauritania ($295k), Peru ($155k), Argentina ($133k), and Bolivia ($104k), and were imported mostly from Liechtenstein ($3.62M), Germany ($2.47M), United States ($1.66M), China ($1.62M), and Chile ($1.14M).

Growth In June 2024, the increase in Interchangeable Tool Parts's year-by-year exports was explained primarily by an increase in exports to Peru ($47.3k or 57.7%), Bolivia ($9.7k or 382%), and Mexico ($6.36k or 172%). In June 2024, the increase in Interchangeable Tool Parts's year-by-year imports was explained primarily by an increase in imports from Mexico ($810k or 471%), Chile ($360k or 37%), and Argentina ($188k or 3.07k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$143k(11.9%)
IMPORT GROWTH (June 2023 - June 2024)$1.71M(13.7%)
MAIN EXPORTER (June 2024)Quilicura$1.25M
MAIN DESTINATION (June 2024)Portugal$310k

This section shows Interchangeable Tool Parts'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 Interchangeable Tool Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.8M
IMPORTS (2022)$113M
NET TRADE (2022)-$94.7M

In 2022, Chile exported $18.8M in Interchangeable Tool Parts. The main destinations of Chile exports on Interchangeable Tool Parts were Argentina ($3.22M), Brazil ($2.84M), United States ($2.77M), Mauritania ($1.96M), and Peru ($1.42M).

In 2022, Chile imported $113M in Interchangeable Tool Parts, mainly from China ($32M), United States ($15.5M), Sweden ($11.9M), India ($11.8M), and Mexico ($6.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Mauritania$1.5M (324%)
Australia$793k (492%)
Brazil$560k (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Chile WERE (2021 - 2022):
United Kingdom-$961k (-86%)
Peru-$494k (-25.8%)
Mexico-$407k (-47.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Interchangeable Tool Parts were:
China $4.96B
Germany $3.88B
United States $2.11B
In 2022, Chile's main importing competitors in Interchangeable Tool Parts were:
United States $3.32B
Germany $2.4B
Mexico $1.18B

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.59M
TOP IMPORT POTENTIALChina+ $4.74M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $2.59M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $4.74M.

See methodology.

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