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2022
Exports $478MWorld Rnk 9 / 130
Flag Rnk 28 / 1142
2022
Destination $80.3M Brazil
2021 - 2022
FASTEST GROWING MARKET $80.3MBrazil
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers-0.82Rnk 785 / 1025
2022
Imports $55.1MWorld Rnk 43 / 189
Flag Rnk 273 / 1203
2022
Origin $8.27M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $8.27MSweden
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $478M in Potassic Fertilizers, making it the 9th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 28th most exported product in Chile. The main destination of Potassic Fertilizers exports from Chile are: Brazil ($216M), South Africa ($100M), Mexico ($45.8M), Ecuador ($36.9M), and Colombia ($29.6M).

The fastest growing export markets for Potassic Fertilizers of Chile between 2021 and 2022 were Brazil ($80.3M), South Africa ($62.8M), and Ecuador ($24.2M).

Imports In 2022, Chile imported $55.1M in Potassic Fertilizers, becoming the 43rd largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 273rd most imported product in Chile. Chile imports Potassic Fertilizers primarily from: Belgium ($13.2M), Germany ($10M), Sweden ($8.27M), Bolivia ($6.43M), and United States ($5.32M).

The fastest growing import markets in Potassic Fertilizers for Chile between 2021 and 2022 were Sweden ($8.27M), Belgium ($7.92M), and Germany ($7.53M).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Potassic Fertilizers exports accounted up to $13.7M and imports accounted up to $170k, resulting in a positive trade balance of $13.5M. Between June 2023 and June 2024 the exports of Chile's   Potassic Fertilizers have increased by $8.4M (159%) from $5.27M to $13.7M, while imports increased by $94.7k (126%) from $75.2k to $170k.

Destinations In June 2024, Potassic Fertilizers were exported mostly to Brazil ($7.75M), Ecuador ($3.43M), Colombia ($1.74M), Peru ($676k), and Costa Rica ($48k), and were imported mostly from Spain ($125k), France ($32.2k), Germany ($9.41k), and United States ($3.47k).

Growth In June 2024, the increase in Potassic Fertilizers's year-by-year exports was explained primarily by an increase in exports to Heard Island and McDonald Islands ($4.31M or 331%). In June 2024, the increase in Potassic Fertilizers's year-by-year imports was explained primarily by an increase in imports from Germany ($129k or 214%), Switzerland ($66.1k or 40.3%), and United States ($5.11k or 148%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$8.4M(159%)
IMPORT GROWTH (June 2023 - June 2024)$94.7k(126%)
MAIN EXPORTER (June 2024)Las Condes$15.1M
MAIN DESTINATION (June 2024)Brazil$7.75M

This section shows Potassic Fertilizers'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 Potassic Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$478M
IMPORTS (2022)$55.1M
NET TRADE (2022)$423M

In 2022, Chile exported $478M in Potassic Fertilizers. The main destinations of Chile exports on Potassic Fertilizers were Brazil ($216M), South Africa ($100M), Mexico ($45.8M), Ecuador ($36.9M), and Colombia ($29.6M).

In 2022, Chile imported $55.1M in Potassic Fertilizers, mainly from Belgium ($13.2M), Germany ($10M), Sweden ($8.27M), Bolivia ($6.43M), and United States ($5.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Brazil$80.3M (59.2%)
South Africa$62.8M (167%)
Ecuador$24.2M (191%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Chile WERE (2021 - 2022):
Thailand-$3.76M (-98.2%)
Argentina-$733k (-90.6%)
Dominican Republic-$191k (-64.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Potassic Fertilizers were:
Canada $13.4B
Russia $4.93B
Germany $2.73B
In 2022, Chile's main importing competitors in Potassic Fertilizers were:
Brazil $7.59B
United States $6.3B
China $4.13B

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.1M
TOP IMPORT POTENTIALCanada+ $5.38M

Potassic Fertilizers’s highest export potential is United States. With an export gap of $18.1M.   Potassic Fertilizers’s highest import potential is Canada with an import gap of $5.38M.

See methodology.

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