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2022
Exports $40.1MWorld Rnk 60 / 216
Flag Rnk 114 / 1142
2022
Destination $6.1M Peru
2021 - 2022
FASTEST GROWING MARKET $6.1MPeru
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols-0.69Rnk 753 / 1025
2022
Imports $215MWorld Rnk 53 / 222
Flag Rnk 86 / 1203
2022
Origin $10.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $10.3MMexico
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $40.1M in Industrial Fatty Acids, Oils and Alcohols, making it the 60th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 114th most exported product in Chile. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Chile are: Peru ($24.1M), Brazil ($4.81M), Bolivia ($2.37M), Mexico ($2.26M), and Colombia ($1.88M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Chile between 2021 and 2022 were Peru ($6.1M), Brazil ($1.39M), and Mexico ($904k).

Imports In 2022, Chile imported $215M in Industrial Fatty Acids, Oils and Alcohols, becoming the 53rd largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 86th most imported product in Chile. Chile imports Industrial Fatty Acids, Oils and Alcohols primarily from: United States ($76M), China ($38.4M), Mexico ($17.9M), Brazil ($13M), and Germany ($10.9M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Chile between 2021 and 2022 were Mexico ($10.3M), China ($7.29M), and United States ($5.4M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Industrial Fatty Acids, Oils and Alcohols exports accounted up to $357k and imports accounted up to $2.88M, resulting in a negative trade balance of $2.52M. Between May 2023 and June 2024 the exports of Chile's   Industrial Fatty Acids, Oils and Alcohols have increased by $166k (87.1%) from $191k to $357k, while imports decreased by $-693k (-19.4%) from $3.57M to $2.88M.

Destinations In June 2024, Industrial Fatty Acids, Oils and Alcohols were exported mostly to China ($186k), Peru ($114k), Morocco ($48.8k), and Heard Island and McDonald Islands ($8.24k), and were imported mostly from Peru ($2.87M), United States ($6.47k), and China ($2.14k).

Growth In June 2024, the increase in Industrial Fatty Acids, Oils and Alcohols's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Industrial Fatty Acids, Oils and Alcohols's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$166k(87.1%)
IMPORT GROWTH (June 2023 - June 2024)$-693k(-19.4%)
MAIN EXPORTER (June 2024)Las Condes$455k
MAIN DESTINATION (June 2024)China$186k

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$40.1M
IMPORTS (2022)$215M
NET TRADE (2022)-$175M

In 2022, Chile exported $40.1M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Chile exports on Industrial Fatty Acids, Oils and Alcohols were Peru ($24.1M), Brazil ($4.81M), Bolivia ($2.37M), Mexico ($2.26M), and Colombia ($1.88M).

In 2022, Chile imported $215M in Industrial Fatty Acids, Oils and Alcohols, mainly from United States ($76M), China ($38.4M), Mexico ($17.9M), Brazil ($13M), and Germany ($10.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Peru$6.1M (33.8%)
Brazil$1.39M (40.7%)
Mexico$904k (66.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Chile WERE (2021 - 2022):
United States-$689k (-91.5%)
Colombia-$653k (-25.8%)
China-$466k (-77.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
China $15.8B
Germany $11.9B
Netherlands $11.7B
In 2022, Chile's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:
Netherlands $13.6B
Belgium $6.95B
Germany $6.92B

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $956k
TOP IMPORT POTENTIALIndonesia+ $2.47M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $956k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $2.47M.

See methodology.

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