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2022
Exports $6.58MWorld Rnk 89 / 162
Flag Rnk 296 / 1142
2022
Destination $673k Argentina
2021 - 2022
FASTEST GROWING MARKET $673kParaguay
2022
PRODUCT COMPLEXITY IN Raw Iron Bars-1.3Rnk 911 / 1025
2022
Imports $92MWorld Rnk 64 / 217
Flag Rnk 190 / 1203
2022
Origin $4.08M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $4.08MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $6.58M in Raw Iron Bars, making it the 89th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 296th most exported product in Chile. The main destination of Raw Iron Bars exports from Chile are: Argentina ($4.38M), Peru ($928k), Paraguay ($853k), Colombia ($349k), and Brazil ($51.8k).

The fastest growing export markets for Raw Iron Bars of Chile between 2021 and 2022 were Paraguay ($673k), Peru ($189k), and Brazil ($51.8k).

Imports In 2022, Chile imported $92M in Raw Iron Bars, becoming the 64th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 190th most imported product in Chile. Chile imports Raw Iron Bars primarily from: Turkey ($70.1M), China ($9.21M), Brazil ($8.38M), Peru ($3.54M), and Germany ($343k).

The fastest growing import markets in Raw Iron Bars for Chile between 2021 and 2022 were China ($4.08M), Brazil ($1.18M), and Austria ($30.2k).

Latest Trends

May 2024

About

Overview In May 2024 Chile's Raw Iron Bars exports accounted up to $899k and imports accounted up to $26.6k, resulting in a positive trade balance of $872k. Between May 2023 and May 2024 the exports of Chile's   Raw Iron Bars have increased by $261k (40.8%) from $638k to $899k, while imports decreased by $-487k (-94.8%) from $513k to $26.6k.

Destinations In May 2024, Raw Iron Bars were exported mostly to , and were imported mostly from Hong Kong ($20.2k), Turkey ($4.44k), and Finland ($1.99k).

Growth In May 2024, the increase in Raw Iron Bars's year-by-year exports was explained primarily by an increase in exports to Peru ($84.2k or 367%). In June 2024, the decrease in Raw Iron Bars's year-by-year imports was explained primarily by a decrease in imports from United States ($-17k or -78.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$261k(40.8%)
IMPORT GROWTH (June 2023 - June 2024)$-487k(-94.8%)
MAIN EXPORTER (May 2024)Santiago$784k
MAIN DESTINATION (May 2024)

This section shows Raw Iron Bars'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 Raw Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.58M
IMPORTS (2022)$92M
NET TRADE (2022)-$85.4M

In 2022, Chile exported $6.58M in Raw Iron Bars. The main destinations of Chile exports on Raw Iron Bars were Argentina ($4.38M), Peru ($928k), Paraguay ($853k), Colombia ($349k), and Brazil ($51.8k).

In 2022, Chile imported $92M in Raw Iron Bars, mainly from Turkey ($70.1M), China ($9.21M), Brazil ($8.38M), Peru ($3.54M), and Germany ($343k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Paraguay$673k (373%)
Peru$189k (25.6%)
Brazil$51.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Chile WERE (2021 - 2022):
Argentina-$883k (-16.8%)
Colombia-$214k (-38%)
Uruguay-$439 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Malaysia $1.83B
Italy $1.71B
In 2022, Chile's main importing competitors in Raw Iron Bars were:
Hong Kong $1.93B
Germany $1.72B
United States $1.58B

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $572k
TOP IMPORT POTENTIALChina+ $2.79M

Raw Iron Bars’s highest export potential is Peru. With an export gap of $572k.   Raw Iron Bars’s highest import potential is China with an import gap of $2.79M.

See methodology.

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