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2022
Exports $122MWorld Rnk 53 / 212
Flag Rnk 66 / 1142
2022
Destination $31.5M Peru
2021 - 2022
FASTEST GROWING MARKET $31.5MPeru
2022
PRODUCT COMPLEXITY IN Scrap Iron-0.59Rnk 720 / 1025
2022
Imports $3.73MWorld Rnk 77 / 187
Flag Rnk 766 / 1203
2022
Origin $70.7k Bolivia
2021 - 2022
FASTEST GROWING ORIGIN $70.7kIndia
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $122M in Scrap Iron, making it the 53rd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 66th most exported product in Chile. The main destination of Scrap Iron exports from Chile are: Peru ($45.3M), Vietnam ($25.5M), Chinese Taipei ($16.3M), Bangladesh ($10.3M), and Netherlands ($5.98M).

The fastest growing export markets for Scrap Iron of Chile between 2021 and 2022 were Peru ($31.5M), Vietnam ($9.69M), and Chinese Taipei ($5.34M).

Imports In 2022, Chile imported $3.73M in Scrap Iron, becoming the 77th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 766th most imported product in Chile. Chile imports Scrap Iron primarily from: Bolivia ($2M), Peru ($990k), China ($390k), India ($123k), and United States ($79.8k).

The fastest growing import markets in Scrap Iron for Chile between 2021 and 2022 were India ($70.7k), Panama ($69.4k), and Chile ($15.5k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Scrap Iron exports accounted up to $13.4M and imports accounted up to $56.6k, resulting in a positive trade balance of $13.4M. Between June 2023 and June 2024 the exports of Chile's   Scrap Iron have increased by $3.05M (29.4%) from $10.4M to $13.4M, while imports decreased by $-27.3k (-32.5%) from $83.9k to $56.6k.

Destinations In June 2024, Scrap Iron were exported mostly to India ($4.62M), Bangladesh ($3.44M), Vietnam ($2.79M), Thailand ($973k), and Chinese Taipei ($380k), and were imported mostly from Chile ($56.6k).

Growth In June 2024, the increase in Scrap Iron's year-by-year exports was explained primarily by an increase in exports to Bangladesh ($1.42M or 242%), India ($1.34M or 154%), and Vietnam ($554k or 33.1%). In June 2024, the decrease in Scrap Iron's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$3.05M(29.4%)
IMPORT GROWTH (June 2023 - June 2024)$-27.3k(-32.5%)
MAIN EXPORTER (June 2024)Talcahuano$5.73M
MAIN DESTINATION (June 2024)India$4.62M

This section shows Scrap Iron'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 Scrap Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$122M
IMPORTS (2022)$3.73M
NET TRADE (2022)$118M

In 2022, Chile exported $122M in Scrap Iron. The main destinations of Chile exports on Scrap Iron were Peru ($45.3M), Vietnam ($25.5M), Chinese Taipei ($16.3M), Bangladesh ($10.3M), and Netherlands ($5.98M).

In 2022, Chile imported $3.73M in Scrap Iron, mainly from Bolivia ($2M), Peru ($990k), China ($390k), India ($123k), and United States ($79.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$31.5M (227%)
Vietnam$9.69M (61.3%)
Chinese Taipei$5.34M (48.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Chile WERE (2021 - 2022):
India-$3.12M (-45.1%)
Malaysia-$1.52M (-54.3%)
Ecuador-$1.06M (-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 Scrap Iron were:
United States $7.92B
Germany $5.21B
United Kingdom $3.91B
In 2022, Chile's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.61M
TOP IMPORT POTENTIALUnited States+ $251k

Scrap Iron’s highest export potential is India. With an export gap of $5.61M.   Scrap Iron’s highest import potential is United States with an import gap of $251k.

See methodology.

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