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2022
Exports $26.8MWorld Rnk 30 / 78
Flag Rnk 152 / 1142
2022
Destination $12.6M Canada
2021 - 2022
FASTEST GROWING MARKET $12.6MCanada
2022
PRODUCT COMPLEXITY IN Rapeseed-0.31Rnk 652 / 1025
2022
Imports $4.57MWorld Rnk 46 / 122
Flag Rnk 728 / 1203
2022
Origin $2.03M Uruguay
2021 - 2022
FASTEST GROWING ORIGIN $2.03MUruguay
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $26.8M in Rapeseed, making it the 30th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 152nd most exported product in Chile. The main destination of Rapeseed exports from Chile are: Canada ($22.9M), United States ($2.39M), Australia ($1.29M), Germany ($82.5k), and South Africa ($44.1k).

The fastest growing export markets for Rapeseed of Chile between 2021 and 2022 were Canada ($12.6M), Australia ($1.21M), and South Africa ($44.1k).

Imports In 2022, Chile imported $4.57M in Rapeseed, becoming the 46th largest importer of Rapeseed in the world. At the same year, Rapeseed was the 728th most imported product in Chile. Chile imports Rapeseed primarily from: Uruguay ($2.03M), Germany ($1.35M), Canada ($431k), Argentina ($409k), and New Zealand ($88.9k).

The fastest growing import markets in Rapeseed for Chile between 2021 and 2022 were Uruguay ($2.03M), Germany ($413k), and Argentina ($350k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Rapeseed exports accounted up to $2.05M and imports accounted up to $47.8, resulting in a positive trade balance of $2.05M. Between January 2023 and June 2024 the exports of Chile's   Rapeseed have increased by $1.85M (900%) from $205k to $2.05M, while imports decreased by $-448 (-90.4%) from $496 to $47.8.

Destinations In June 2024, Rapeseed were exported mostly to Canada ($1.93M), Paraguay ($52k), United States ($39.3k), and Heard Island and McDonald Islands ($28.7k), and were imported mostly from Argentina ($47.8).

Growth In June 2024, the increase in Rapeseed's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Rapeseed's year-by-year imports was explained primarily by a decrease in imports from Germany ($-389k or -97.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - June 2024)$1.85M(900%)
IMPORT GROWTH (June 2023 - June 2024)$-448(-90.4%)
MAIN EXPORTER (June 2024)Chillán$20.7M
MAIN DESTINATION (June 2024)Canada$1.93M

This section shows Rapeseed'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 Rapeseed over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.8M
IMPORTS (2022)$4.57M
NET TRADE (2022)$22.2M

In 2022, Chile exported $26.8M in Rapeseed. The main destinations of Chile exports on Rapeseed were Canada ($22.9M), United States ($2.39M), Australia ($1.29M), Germany ($82.5k), and South Africa ($44.1k).

In 2022, Chile imported $4.57M in Rapeseed, mainly from Uruguay ($2.03M), Germany ($1.35M), Canada ($431k), Argentina ($409k), and New Zealand ($88.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Canada$12.6M (121%)
Australia$1.21M (1.49k%)
South Africa$44.1k (184k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Chile WERE (2021 - 2022):
United States-$482k (-16.8%)
Germany-$145k (-63.7%)
Paraguay-$99k (-99.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Rapeseed were:
Australia $5.3B
Canada $4.38B
Ukraine $1.55B
In 2022, Chile's main importing competitors in Rapeseed were:
Germany $3.9B
Japan $1.78B
China $1.73B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.3M
TOP IMPORT POTENTIALCanada+ $522k

Rapeseed’s highest export potential is United States. With an export gap of $1.3M.   Rapeseed’s highest import potential is Canada with an import gap of $522k.

See methodology.

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