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2022
Exports $16.3MWorld Rnk 21 / 142
Flag Rnk 191 / 1142
2022
Destination $3.06M Bolivia
2021 - 2022
FASTEST GROWING MARKET $3.06MBolivia
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics-0.0088Rnk 549 / 1025
2022
Imports $12.3MWorld Rnk 62 / 208
Flag Rnk 555 / 1203
2022
Origin $849k China
2021 - 2022
FASTEST GROWING ORIGIN $849kChinese Taipei
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $16.3M in Synthetic Fabrics, making it the 21st largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 191st most exported product in Chile. The main destination of Synthetic Fabrics exports from Chile are: Bolivia ($13.5M), Peru ($1.34M), Paraguay ($1.32M), Vietnam ($63.3k), and Uruguay ($18.9k).

The fastest growing export markets for Synthetic Fabrics of Chile between 2021 and 2022 were Bolivia ($3.06M), Peru ($246k), and Vietnam ($63.3k).

Imports In 2022, Chile imported $12.3M in Synthetic Fabrics, becoming the 62nd largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 555th most imported product in Chile. Chile imports Synthetic Fabrics primarily from: China ($7.45M), Pakistan ($1.94M), Chinese Taipei ($1.43M), Spain ($583k), and United States ($191k).

The fastest growing import markets in Synthetic Fabrics for Chile between 2021 and 2022 were Chinese Taipei ($849k), Thailand ($135k), and Peru ($79.3k).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Synthetic Fabrics exports accounted up to $840 and imports accounted up to $15.5k, resulting in a negative trade balance of $14.6k. Between September 2019 and February 2024 the exports of Chile's   Synthetic Fabrics have increased by $471 (127%) from $369 to $840, while imports decreased by $-25.2k (-62%) from $40.7k to $15.5k.

Destinations In February 2024, Synthetic Fabrics were exported mostly to , and were imported mostly from Chile ($15.5k).

Growth In February 2024, the increase in Synthetic Fabrics's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Synthetic Fabrics's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-554 or -8.94%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2019 - February 2024)$471(127%)
IMPORT GROWTH (June 2023 - June 2024)$-25.2k(-62%)
MAIN EXPORTER (February 2024)Las Condes$840
MAIN DESTINATION (February 2024)

This section shows Synthetic Fabrics'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 Synthetic Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.3M
IMPORTS (2022)$12.3M
NET TRADE (2022)$4.04M

In 2022, Chile exported $16.3M in Synthetic Fabrics. The main destinations of Chile exports on Synthetic Fabrics were Bolivia ($13.5M), Peru ($1.34M), Paraguay ($1.32M), Vietnam ($63.3k), and Uruguay ($18.9k).

In 2022, Chile imported $12.3M in Synthetic Fabrics, mainly from China ($7.45M), Pakistan ($1.94M), Chinese Taipei ($1.43M), Spain ($583k), and United States ($191k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Bolivia$3.06M (29.2%)
Peru$246k (22.6%)
Vietnam$63.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Chile WERE (2021 - 2022):
Paraguay-$411k (-23.7%)
Spain-$1.76k (-95.7%)
Saudi Arabia-$1.46k (-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 Synthetic Fabrics were:
China $1.42B
United States $264M
Germany $165M
In 2022, Chile's main importing competitors in Synthetic Fabrics were:
Vietnam $384M
Morocco $237M
Mexico $179M

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $129k
TOP IMPORT POTENTIALUnited States+ $269k

Synthetic Fabrics’s highest export potential is Vietnam. With an export gap of $129k.   Synthetic Fabrics’s highest import potential is United States with an import gap of $269k.

See methodology.

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