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2022
Exports $933kWorld Rnk 55 / 123
Flag Rnk 568 / 1142
2022
Destination $175k Peru
2021 - 2022
FASTEST GROWING MARKET $175kEcuador
2022
PRODUCT COMPLEXITY IN Petroleum Resins1.53Rnk 46 / 1025
2022
Imports $17.7MWorld Rnk 52 / 197
Flag Rnk 483 / 1203
2022
Origin $4.72M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.72MUnited States
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $933k in Petroleum Resins, making it the 55th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 568th most exported product in Chile. The main destination of Petroleum Resins exports from Chile are: Peru ($464k), Ecuador ($186k), Brazil ($146k), Argentina ($65.8k), and Spain ($47.9k).

The fastest growing export markets for Petroleum Resins of Chile between 2021 and 2022 were Ecuador ($175k), Peru ($76.5k), and Spain ($47.9k).

Imports In 2022, Chile imported $17.7M in Petroleum Resins, becoming the 52nd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 483rd most imported product in Chile. Chile imports Petroleum Resins primarily from: United States ($8.41M), Germany ($2.77M), China ($2.75M), Brazil ($872k), and France ($674k).

The fastest growing import markets in Petroleum Resins for Chile between 2021 and 2022 were United States ($4.72M), China ($1.53M), and Germany ($771k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Petroleum Resins exports accounted up to $61.4k and imports accounted up to $73k, resulting in a negative trade balance of $11.6k. Between May 2023 and June 2024 the exports of Chile's   Petroleum Resins have increased by $26.2k (74.7%) from $35.2k to $61.4k, while imports increased by $30.1k (70.3%) from $42.9k to $73k.

Destinations In June 2024, Petroleum Resins were exported mostly to Peru ($33k) and Argentina ($28.4k), and were imported mostly from Switzerland ($72.9k), Brazil ($80), and Heard Island and McDonald Islands ($61.2).

Growth In June 2024, the increase in Petroleum Resins's year-by-year exports was explained primarily by an increase in exports to Peru ($105k or 416%). In June 2024, the increase in Petroleum Resins's year-by-year imports was explained primarily by an increase in imports from Switzerland ($85.6k or 98.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$26.2k(74.7%)
IMPORT GROWTH (June 2023 - June 2024)$30.1k(70.3%)
MAIN EXPORTER (June 2024)Providencia$33k
MAIN DESTINATION (June 2024)Peru$33k

This section shows Petroleum Resins'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 Petroleum Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$933k
IMPORTS (2022)$17.7M
NET TRADE (2022)-$16.7M

In 2022, Chile exported $933k in Petroleum Resins. The main destinations of Chile exports on Petroleum Resins were Peru ($464k), Ecuador ($186k), Brazil ($146k), Argentina ($65.8k), and Spain ($47.9k).

In 2022, Chile imported $17.7M in Petroleum Resins, mainly from United States ($8.41M), Germany ($2.77M), China ($2.75M), Brazil ($872k), and France ($674k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Ecuador$175k (1.65k%)
Peru$76.5k (19.8%)
Spain$47.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Chile WERE (2021 - 2022):
United Arab Emirates-$174k (-100%)
Brazil-$99k (-40.5%)
Bolivia-$28.3k (-98.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Petroleum Resins were:
United States $1.31B
China $1.28B
Germany $1.24B
In 2022, Chile's main importing competitors in Petroleum Resins were:
China $901M
United States $662M
Germany $510M

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $147k
TOP IMPORT POTENTIALChina+ $1.17M

Petroleum Resins’s highest export potential is Brazil. With an export gap of $147k.   Petroleum Resins’s highest import potential is China with an import gap of $1.17M.

See methodology.

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