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2022
Exports $3.06MWorld Rnk 63 / 200
Flag Rnk 398 / 1142
2022
Destination $326k Peru
2021 - 2022
FASTEST GROWING MARKET $326kArgentina
2022
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 162 / 1025
2022
Imports $71MWorld Rnk 47 / 220
Flag Rnk 230 / 1203
2022
Origin $5.72M China
2021 - 2022
FASTEST GROWING ORIGIN $5.72MSwitzerland
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $3.06M in Navigation Equipment, making it the 63rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 398th most exported product in Chile. The main destination of Navigation Equipment exports from Chile are: Peru ($649k), Argentina ($544k), Ecuador ($267k), United States ($240k), and Colombia ($203k).

The fastest growing export markets for Navigation Equipment of Chile between 2021 and 2022 were Argentina ($326k), Ecuador ($203k), and Colombia ($188k).

Imports In 2022, Chile imported $71M in Navigation Equipment, becoming the 47th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 230th most imported product in Chile. Chile imports Navigation Equipment primarily from: China ($18.9M), United States ($14.9M), Switzerland ($7.27M), Australia ($5.41M), and France ($3.88M).

The fastest growing import markets in Navigation Equipment for Chile between 2021 and 2022 were Switzerland ($5.72M), France ($3.41M), and Australia ($2.2M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Navigation Equipment exports accounted up to $310k and imports accounted up to $17.8M, resulting in a negative trade balance of $17.5M. Between June 2023 and June 2024 the exports of Chile's   Navigation Equipment have increased by $104k (50.1%) from $207k to $310k, while imports decreased by $-144k (-0.8%) from $18M to $17.8M.

Destinations In June 2024, Navigation Equipment were exported mostly to Germany ($115k), Argentina ($62.4k), Brazil ($31.9k), Colombia ($23.5k), and Heard Island and McDonald Islands ($22.2k), and were imported mostly from United States ($6.48M), Lithuania ($4.81M), Australia ($4.17M), China ($902k), and United Kingdom ($334k).

Growth In June 2024, the increase in Navigation Equipment's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Navigation Equipment's year-by-year imports was explained primarily by a decrease in imports from United States ($-2M or -22%), Australia ($-650k or -98.1%), and South Africa ($-284k or -96.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$104k(50.1%)
IMPORT GROWTH (June 2023 - June 2024)$-144k(-0.8%)
MAIN EXPORTER (June 2024)Renca$539k
MAIN DESTINATION (June 2024)Germany$115k

This section shows Navigation Equipment'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 Navigation Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.06M
IMPORTS (2022)$71M
NET TRADE (2022)-$67.9M

In 2022, Chile exported $3.06M in Navigation Equipment. The main destinations of Chile exports on Navigation Equipment were Peru ($649k), Argentina ($544k), Ecuador ($267k), United States ($240k), and Colombia ($203k).

In 2022, Chile imported $71M in Navigation Equipment, mainly from China ($18.9M), United States ($14.9M), Switzerland ($7.27M), Australia ($5.41M), and France ($3.88M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Argentina$326k (150%)
Ecuador$203k (317%)
Colombia$188k (1.31k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Chile WERE (2021 - 2022):
United States-$248k (-50.8%)
France-$209k (-99.6%)
Australia-$150k (-50.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Chile's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $503k
TOP IMPORT POTENTIALChina+ $4.15M

Navigation Equipment’s highest export potential is United States. With an export gap of $503k.   Navigation Equipment’s highest import potential is China with an import gap of $4.15M.

See methodology.

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