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2022
Exports $18.4BWorld Rnk 1 / 140
Flag Rnk 2 / 1142
2022
Destination $1.11B China
2021 - 2022
FASTEST GROWING MARKET $1.11BChina
2022
PRODUCT COMPLEXITY IN Refined Copper-1.43Rnk 938 / 1025
2022
Imports $1.07MWorld Rnk 87 / 184
Flag Rnk 938 / 1203
2022
Origin $165k Spain
2021 - 2022
FASTEST GROWING ORIGIN $165kBrazil
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $18.4B in Refined Copper, making it the 1st largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 2nd most exported product in Chile. The main destination of Refined Copper exports from Chile are: China ($7.7B), United States ($3.61B), South Korea ($1.9B), Brazil ($1.56B), and Chinese Taipei ($935M).

The fastest growing export markets for Refined Copper of Chile between 2021 and 2022 were China ($1.11B), Netherlands ($173M), and Malaysia ($117M).

Imports In 2022, Chile imported $1.07M in Refined Copper, becoming the 87th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 938th most imported product in Chile. Chile imports Refined Copper primarily from: Spain ($448k), France ($237k), Brazil ($166k), Portugal ($93.4k), and China ($45.6k).

The fastest growing import markets in Refined Copper for Chile between 2021 and 2022 were Brazil ($165k), Portugal ($36.7k), and China ($28.7k).

Latest Trends

August 2024

About

Overview In August 2024 Chile's Refined Copper exports accounted up to $1.59B and imports accounted up to $12k, resulting in a positive trade balance of $1.59B. Between August 2023 and August 2024 the exports of Chile's   Refined Copper have increased by $358M (29%) from $1.24B to $1.59B, while imports increased by $6.19k (106%) from $5.85k to $12k.

Destinations In August 2024, Refined Copper were exported mostly to United States ($874M), China ($229M), Brazil ($167M), France ($106M), and South Korea ($56.3M), and were imported mostly from United States ($12k).

Growth In August 2024, the increase in Refined Copper's year-by-year exports was explained primarily by an increase in exports to South Korea ($74.2M or 56.3%), Germany ($55.3M or 2.91k%), and France ($34.4M or 68.1%). In August 2024, the increase in Refined Copper's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$358M(29%)
IMPORT GROWTH (June 2023 - August 2024)$6.19k(106%)
MAIN EXPORTER (August 2024)Santiago$890M
MAIN DESTINATION (August 2024)United States$874M

This section shows Refined Copper'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 Refined Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.4B
IMPORTS (2022)$1.07M
NET TRADE (2022)$18.4B

In 2022, Chile exported $18.4B in Refined Copper. The main destinations of Chile exports on Refined Copper were China ($7.7B), United States ($3.61B), South Korea ($1.9B), Brazil ($1.56B), and Chinese Taipei ($935M).

In 2022, Chile imported $1.07M in Refined Copper, mainly from Spain ($448k), France ($237k), Brazil ($166k), Portugal ($93.4k), and China ($45.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Chile WERE (2021 - 2022):
China$1.11B (16.8%)
Netherlands$173M (84.8%)
Malaysia$117M (432%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Chile WERE (2021 - 2022):
United States-$2.86B (-44.2%)
Chinese Taipei-$575M (-38.1%)
Brazil-$325M (-17.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Refined Copper were:
Democratic Republic of the Congo $16.3B
Russia $6.58B
In 2022, Chile's main importing competitors in Refined Copper were:
China $34.7B
United States $6.16B
Germany $5.77B

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $81.5M
TOP IMPORT POTENTIALSpain+ $125k

Refined Copper’s highest export potential is Italy. With an export gap of $81.5M.   Refined Copper’s highest import potential is Spain with an import gap of $125k.

See methodology.

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