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2022
Exports $2.99MWorld Rnk 80 / 209
Flag Rnk 404 / 1142
2022
Destination $444k Bolivia
2021 - 2022
FASTEST GROWING MARKET $444kBrazil
2022
PRODUCT COMPLEXITY IN Electric Batteries1.02Rnk 164 / 1025
2022
Imports $208MWorld Rnk 52 / 225
Flag Rnk 88 / 1203
2022
Origin $21.9M China
2021 - 2022
FASTEST GROWING ORIGIN $21.9MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $2.99M in Electric Batteries, making it the 80th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 404th most exported product in Chile. The main destination of Electric Batteries exports from Chile are: Bolivia ($768k), Peru ($543k), Brazil ($455k), United States ($427k), and Argentina ($350k).

The fastest growing export markets for Electric Batteries of Chile between 2021 and 2022 were Brazil ($444k), Peru ($386k), and Germany ($71.4k).

Imports In 2022, Chile imported $208M in Electric Batteries, becoming the 52nd largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 88th most imported product in Chile. Chile imports Electric Batteries primarily from: China ($85.7M), South Korea ($40.7M), Vietnam ($13.3M), United States ($8.71M), and Turkey ($8.52M).

The fastest growing import markets in Electric Batteries for Chile between 2021 and 2022 were China ($21.9M), Vietnam ($11.2M), and Italy ($3.3M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Electric Batteries exports accounted up to $429k and imports accounted up to $15.2M, resulting in a negative trade balance of $14.7M. Between June 2023 and June 2024 the exports of Chile's   Electric Batteries have increased by $294k (218%) from $135k to $429k, while imports increased by $8.47M (127%) from $6.69M to $15.2M.

Destinations In June 2024, Electric Batteries were exported mostly to Peru ($161k), Mexico ($157k), Bolivia ($51.5k), Brazil ($31.9k), and Argentina ($12.6k), and were imported mostly from Germany ($4.56M), United States ($3.03M), Panama ($1.67M), Liechtenstein ($1.63M), and Hong Kong ($1.21M).

Growth In June 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to Mexico ($16.9k or 1.57k%), Brazil ($4.36k or 196%), and Peru ($233 or 7.27%). In June 2024, the increase in Electric Batteries's year-by-year imports was explained primarily by an increase in imports from Italy ($1.07M or 14k%), United Kingdom ($641k or 954%), and Heard Island and McDonald Islands ($103k or 485%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$294k(218%)
IMPORT GROWTH (June 2023 - June 2024)$8.47M(127%)
MAIN EXPORTER (June 2024)Las Condes$302k
MAIN DESTINATION (June 2024)Peru$161k

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.99M
IMPORTS (2022)$208M
NET TRADE (2022)-$205M

In 2022, Chile exported $2.99M in Electric Batteries. The main destinations of Chile exports on Electric Batteries were Bolivia ($768k), Peru ($543k), Brazil ($455k), United States ($427k), and Argentina ($350k).

In 2022, Chile imported $208M in Electric Batteries, mainly from China ($85.7M), South Korea ($40.7M), Vietnam ($13.3M), United States ($8.71M), and Turkey ($8.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Brazil$444k (3.85k%)
Peru$386k (245%)
Germany$71.4k (4.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Chile WERE (2021 - 2022):
United States-$296k (-40.9%)
Colombia-$273k (-60.7%)
Bolivia-$93.7k (-10.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Electric Batteries were:
China $58.7B
South Korea $9.71B
Poland $9.55B
In 2022, Chile's main importing competitors in Electric Batteries were:
United States $23.2B
Germany $20.3B
South Korea $6.08B

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.01M
TOP IMPORT POTENTIALChina+ $32.9M

Electric Batteries’s highest export potential is United States. With an export gap of $1.01M.   Electric Batteries’s highest import potential is China with an import gap of $32.9M.

See methodology.

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