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2022
Exports $1.68MWorld Rnk 62 / 199
Flag Rnk 489 / 1142
2022
Destination $777k Peru
2021 - 2022
FASTEST GROWING MARKET $777kPeru
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts1.64Rnk 34 / 1025
2022
Imports $40.4MWorld Rnk 48 / 220
Flag Rnk 339 / 1203
2022
Origin $1.8M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.8MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $1.68M in Metalworking Machine Parts, making it the 62nd largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 489th most exported product in Chile. The main destination of Metalworking Machine Parts exports from Chile are: Peru ($870k), Germany ($272k), United States ($105k), Spain ($67.8k), and Mexico ($64.3k).

The fastest growing export markets for Metalworking Machine Parts of Chile between 2021 and 2022 were Peru ($777k), Germany ($165k), and Spain ($55.9k).

Imports In 2022, Chile imported $40.4M in Metalworking Machine Parts, becoming the 48th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 339th most imported product in Chile. Chile imports Metalworking Machine Parts primarily from: United States ($12.6M), Germany ($4.88M), China ($3.51M), Canada ($3.39M), and Italy ($2.92M).

The fastest growing import markets in Metalworking Machine Parts for Chile between 2021 and 2022 were United States ($1.8M), Brazil ($682k), and China ($280k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Metalworking Machine Parts exports accounted up to $51.4k and imports accounted up to $5.74M, resulting in a negative trade balance of $5.69M. Between June 2023 and June 2024 the exports of Chile's   Metalworking Machine Parts have decreased by $-234k (-82%) from $286k to $51.4k, while imports decreased by $-2.37M (-29.2%) from $8.11M to $5.74M.

Destinations In June 2024, Metalworking Machine Parts were exported mostly to Spain ($15.3k), Peru ($10.9k), Argentina ($10.1k), Uruguay ($6.59k), and Brazil ($4.42k), and were imported mostly from United States ($2.34M), Germany ($940k), Liechtenstein ($486k), Switzerland ($472k), and France ($221k).

Growth In June 2024, the decrease in Metalworking Machine Parts's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Metalworking Machine Parts's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-1.14M or -94.8%), Italy ($-771k or -80.1%), and South Korea ($-253k or -50.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-234k(-82%)
IMPORT GROWTH (June 2023 - June 2024)$-2.37M(-29.2%)
MAIN EXPORTER (June 2024)Talcahuano$627k
MAIN DESTINATION (June 2024)Spain$15.3k

This section shows Metalworking Machine 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 Metalworking Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.68M
IMPORTS (2022)$40.4M
NET TRADE (2022)-$38.8M

In 2022, Chile exported $1.68M in Metalworking Machine Parts. The main destinations of Chile exports on Metalworking Machine Parts were Peru ($870k), Germany ($272k), United States ($105k), Spain ($67.8k), and Mexico ($64.3k).

In 2022, Chile imported $40.4M in Metalworking Machine Parts, mainly from United States ($12.6M), Germany ($4.88M), China ($3.51M), Canada ($3.39M), and Italy ($2.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$777k (836%)
Germany$165k (154%)
Spain$55.9k (471%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Chile WERE (2021 - 2022):
Republic of the Congo-$84.2k (-100%)
United States-$73.3k (-41.2%)
South Africa-$26.3k (-96.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Metalworking Machine Parts were:
Germany $3.59B
China $2.15B
United States $2.04B
In 2022, Chile's main importing competitors in Metalworking Machine Parts were:
United States $2.91B
Germany $2.12B
China $1.94B

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $285k
TOP IMPORT POTENTIALChina+ $2.32M

Metalworking Machine Parts’s highest export potential is Germany. With an export gap of $285k.   Metalworking Machine Parts’s highest import potential is China with an import gap of $2.32M.

See methodology.

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