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2022
Exports $318kWorld Rnk 59 / 175
Flag Rnk 730 / 1142
2022
Destination $127k United States
2021 - 2022
FASTEST GROWING MARKET $127kUnited States
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment0.32Rnk 439 / 1025
2022
Imports $8.75MWorld Rnk 48 / 209
Flag Rnk 620 / 1203
2022
Origin $2.25M China
2021 - 2022
FASTEST GROWING ORIGIN $2.25MChina
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $318k in Sound Recording Equipment, making it the 59th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 730th most exported product in Chile. The main destination of Sound Recording Equipment exports from Chile are: United States ($131k), Bolivia ($74.9k), Argentina ($46k), United Kingdom ($13.1k), and Paraguay ($9.29k).

The fastest growing export markets for Sound Recording Equipment of Chile between 2021 and 2022 were United States ($127k), Bolivia ($68.8k), and Argentina ($38.3k).

Imports In 2022, Chile imported $8.75M in Sound Recording Equipment, becoming the 48th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 620th most imported product in Chile. Chile imports Sound Recording Equipment primarily from: China ($5.98M), United States ($1.08M), Thailand ($320k), Germany ($279k), and Japan ($217k).

The fastest growing import markets in Sound Recording Equipment for Chile between 2021 and 2022 were China ($2.25M), Thailand ($320k), and Japan ($111k).

Latest Trends

April 2024

About

Overview In April 2024 Chile's Sound Recording Equipment exports accounted up to $4.31k and imports accounted up to $1.46M, resulting in a negative trade balance of $1.46M. Between January 2023 and April 2024 the exports of Chile's   Sound Recording Equipment have decreased by $-41.8k (-90.7%) from $46.2k to $4.31k, while imports increased by $1.3M (795%) from $163k to $1.46M.

Destinations In April 2024, Sound Recording Equipment were exported mostly to , and were imported mostly from China ($915k), Chile ($277k), United States ($110k), Singapore ($69.5k), and Spain ($38.5k).

Growth In April 2024, the decrease in Sound Recording Equipment's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Sound Recording Equipment's year-by-year imports was explained primarily by an increase in imports from United States ($84k or 128%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - April 2024)$-41.8k(-90.7%)
IMPORT GROWTH (June 2023 - June 2024)$1.3M(795%)
MAIN EXPORTER (April 2024)Las Condes$68.9k
MAIN DESTINATION (April 2024)

This section shows Sound Recording 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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$318k
IMPORTS (2022)$8.75M
NET TRADE (2022)-$8.44M

In 2022, Chile exported $318k in Sound Recording Equipment. The main destinations of Chile exports on Sound Recording Equipment were United States ($131k), Bolivia ($74.9k), Argentina ($46k), United Kingdom ($13.1k), and Paraguay ($9.29k).

In 2022, Chile imported $8.75M in Sound Recording Equipment, mainly from China ($5.98M), United States ($1.08M), Thailand ($320k), Germany ($279k), and Japan ($217k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United States$127k (2.79k%)
Bolivia$68.8k (1.14k%)
Argentina$38.3k (496%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Chile WERE (2021 - 2022):
Peru-$52.7k (-96.8%)
United Kingdom-$21.5k (-62.2%)
Spain-$17.8k (-99.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Sound Recording Equipment were:
China $2.17B
Netherlands $332M
Vietnam $211M
In 2022, Chile's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $425M
Netherlands $324M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $139k
TOP IMPORT POTENTIALChina+ $702k

Sound Recording Equipment’s highest export potential is United States. With an export gap of $139k.   Sound Recording Equipment’s highest import potential is China with an import gap of $702k.

See methodology.

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