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2022
Exports $388kWorld Rnk 127 / 171
Flag Rnk 693 / 1142
2022
Destination $111k Barbados
2021 - 2022
FASTEST GROWING MARKET $111kCuba
2022
PRODUCT COMPLEXITY IN Raw Sugar-1.78Rnk 979 / 1025
2022
Imports $282MWorld Rnk 35 / 224
Flag Rnk 65 / 1203
2022
Origin $40.3M Guatemala
2021 - 2022
FASTEST GROWING ORIGIN $40.3MGuatemala
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $388k in Raw Sugar, making it the 127th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 693rd most exported product in Chile. The main destination of Raw Sugar exports from Chile are: Barbados ($183k), Cuba ($111k), Panama ($35.7k), Peru ($25.8k), and Uruguay ($12k).

The fastest growing export markets for Raw Sugar of Chile between 2021 and 2022 were Cuba ($111k), Panama ($14k), and Bolivia ($10.9k).

Imports In 2022, Chile imported $282M in Raw Sugar, becoming the 35th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 65th most imported product in Chile. Chile imports Raw Sugar primarily from: Guatemala ($85.3M), Colombia ($71.2M), Argentina ($63.8M), Brazil ($41.9M), and Bolivia ($11.1M).

The fastest growing import markets in Raw Sugar for Chile between 2021 and 2022 were Guatemala ($40.3M), Colombia ($19.6M), and Bolivia ($4.33M).

COMPANIES In 2023, leading companies such as CMPC (2) were at the forefront of shipping Raw Sugar from Chile to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Chile's Raw Sugar exports accounted up to $1.27k and imports accounted up to $2.57M, resulting in a negative trade balance of $2.57M. Between June 2023 and June 2024 the exports of Chile's   Raw Sugar have increased by $1.13k (806%) from $140 to $1.27k, while imports decreased by $-5.33M (-67.5%) from $7.9M to $2.57M.

Destinations In June 2024, Raw Sugar were exported mostly to United States ($1.01k), Ecuador ($160), and Colombia ($100), and were imported mostly from United States ($1.23M), Colombia ($565k), Argentina ($504k), Switzerland ($235k), and Chile ($32.4k).

Growth In June 2024, the increase in Raw Sugar's year-by-year exports was explained primarily by an increase in exports to Peru ($320 or 64%). In June 2024, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-210k or -56.8%) and United States ($-132k or -49.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.13k(806%)
IMPORT GROWTH (June 2023 - June 2024)$-5.33M(-67.5%)
MAIN EXPORTER (June 2024)Valparaíso$95.1k
MAIN DESTINATION (June 2024)United States$1.01k

This section shows Raw Sugar'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 Sugar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$388k
IMPORTS (2022)$282M
NET TRADE (2022)-$282M

In 2022, Chile exported $388k in Raw Sugar. The main destinations of Chile exports on Raw Sugar were Barbados ($183k), Cuba ($111k), Panama ($35.7k), Peru ($25.8k), and Uruguay ($12k).

In 2022, Chile imported $282M in Raw Sugar, mainly from Guatemala ($85.3M), Colombia ($71.2M), Argentina ($63.8M), Brazil ($41.9M), and Bolivia ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Cuba$111k (1%)
Panama$14k (64.5%)
Bolivia$10.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Chile WERE (2021 - 2022):
Barbados-$82k (-30.9%)
Peru-$77.4k (-75%)
Colombia-$31.4k (-99.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
Thailand $3.22B
In 2022, Chile's main importing competitors in Raw Sugar were:
Indonesia $2.37B
China $2.25B
United States $1.94B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $35.7k
TOP IMPORT POTENTIALBrazil+ $20.3M

Raw Sugar’s highest export potential is Peru. With an export gap of $35.7k.   Raw Sugar’s highest import potential is Brazil with an import gap of $20.3M.

See methodology.

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