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2022
Exports $3.55MWorld Rnk 53 / 206
Flag Rnk 377 / 1142
2022
Destination $197k Peru
2021 - 2022
FASTEST GROWING MARKET $197kUruguay
2022
PRODUCT COMPLEXITY IN Motor-working Tools1.33Rnk 88 / 1025
2022
Imports $59.6MWorld Rnk 39 / 224
Flag Rnk 256 / 1203
2022
Origin $2.54M China
2021 - 2022
FASTEST GROWING ORIGIN $2.54MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $3.55M in Motor-working Tools, making it the 53rd largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 377th most exported product in Chile. The main destination of Motor-working Tools exports from Chile are: Peru ($1.47M), Bolivia ($597k), Argentina ($512k), Uruguay ($262k), and Australia ($108k).

The fastest growing export markets for Motor-working Tools of Chile between 2021 and 2022 were Uruguay ($197k), Australia ($108k), and Switzerland ($81.1k).

Imports In 2022, Chile imported $59.6M in Motor-working Tools, becoming the 39th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 256th most imported product in Chile. Chile imports Motor-working Tools primarily from: China ($31.4M), United States ($9.99M), Germany ($4.21M), Brazil ($4.16M), and Sweden ($1.76M).

The fastest growing import markets in Motor-working Tools for Chile between 2021 and 2022 were United States ($2.54M), United Kingdom ($247k), and Canada ($158k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Motor-working Tools exports accounted up to $188k and imports accounted up to $28.6M, resulting in a negative trade balance of $28.4M. Between June 2023 and June 2024 the exports of Chile's   Motor-working Tools have decreased by $-65.5k (-25.8%) from $254k to $188k, while imports increased by $19.6M (219%) from $8.96M to $28.6M.

Destinations In June 2024, Motor-working Tools were exported mostly to Peru ($55.1k), United States ($47.6k), Colombia ($39.3k), Bolivia ($34.1k), and Brazil ($6.52k), and were imported mostly from Germany ($16.2M), Liechtenstein ($7.04M), United States ($1.35M), Chile ($1.26M), and Spain ($600k).

Growth In June 2024, the decrease in Motor-working Tools's year-by-year exports was explained primarily by a decrease in exports to Argentina ($-67.4k or -99.4%). In June 2024, the increase in Motor-working Tools's year-by-year imports was explained primarily by an increase in imports from United States ($1.9M or 64.2%), Spain ($1.72M or 555%), and Uruguay ($390k or 422%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-65.5k(-25.8%)
IMPORT GROWTH (June 2023 - June 2024)$19.6M(219%)
MAIN EXPORTER (June 2024)Lampa$175k
MAIN DESTINATION (June 2024)Peru$55.1k

This section shows Motor-working Tools'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 Motor-working Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.55M
IMPORTS (2022)$59.6M
NET TRADE (2022)-$56M

In 2022, Chile exported $3.55M in Motor-working Tools. The main destinations of Chile exports on Motor-working Tools were Peru ($1.47M), Bolivia ($597k), Argentina ($512k), Uruguay ($262k), and Australia ($108k).

In 2022, Chile imported $59.6M in Motor-working Tools, mainly from China ($31.4M), United States ($9.99M), Germany ($4.21M), Brazil ($4.16M), and Sweden ($1.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Uruguay$197k (302%)
Australia$108k (1%)
Switzerland$81.1k (326%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Chile WERE (2021 - 2022):
Peru-$387k (-20.8%)
Brazil-$152k (-78.2%)
Argentina-$148k (-22.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Motor-working Tools were:
China $3.37B
Germany $1.3B
Chinese Taipei $897M
In 2022, Chile's main importing competitors in Motor-working Tools were:
United States $1.76B
Germany $581M
France $454M

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Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $896k
TOP IMPORT POTENTIALGermany+ $3.85M

Motor-working Tools’s highest export potential is Argentina. With an export gap of $896k.   Motor-working Tools’s highest import potential is Germany with an import gap of $3.85M.

See methodology.

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