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2022
Exports $541kWorld Rnk 93 / 194
Flag Rnk 637 / 1142
2022
Destination $142k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $142kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025
2022
Imports $2.68MWorld Rnk 100 / 223
Flag Rnk 816 / 1203
2022
Origin $102k Peru
2021 - 2022
FASTEST GROWING ORIGIN $102kVietnam
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $541k in Spices, making it the 93rd largest exporter of Spices in the world. At the same year, Spices was the 637th most exported product in Chile. The main destination of Spices exports from Chile are: United Kingdom ($142k), Argentina ($141k), Czechia ($72.3k), Estonia ($48.3k), and Norway ($26.3k).

The fastest growing export markets for Spices of Chile between 2021 and 2022 were United Kingdom ($142k), Estonia ($27.2k), and Norway ($25.2k).

Imports In 2022, Chile imported $2.68M in Spices, becoming the 100th largest importer of Spices in the world. At the same year, Spices was the 816th most imported product in Chile. Chile imports Spices primarily from: Peru ($776k), India ($739k), United States ($246k), Spain ($215k), and Turkey ($211k).

The fastest growing import markets in Spices for Chile between 2021 and 2022 were Vietnam ($102k), Spain ($99.5k), and Poland ($63.2k).

Latest Trends

June 2024

About

Overview In June 2024 Chile's Spices exports accounted up to $54.8k and imports accounted up to $116k, resulting in a negative trade balance of $61k. Between November 2022 and June 2024 the exports of Chile's   Spices have increased by $53.6k (4.77k%) from $1.13k to $54.8k, while imports increased by $86.6k (298%) from $29.1k to $116k.

Destinations In June 2024, Spices were exported mostly to Colombia ($54.8k), and were imported mostly from Vietnam ($96k), Germany ($12.4k), and India ($7.34k).

Growth In June 2024, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Spices's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - June 2024)$53.6k(4.77k%)
IMPORT GROWTH (June 2023 - June 2024)$86.6k(298%)
MAIN EXPORTER (June 2024)Viña Del Mar$54.8k
MAIN DESTINATION (June 2024)Colombia$54.8k

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$541k
IMPORTS (2022)$2.68M
NET TRADE (2022)-$2.14M

In 2022, Chile exported $541k in Spices. The main destinations of Chile exports on Spices were United Kingdom ($142k), Argentina ($141k), Czechia ($72.3k), Estonia ($48.3k), and Norway ($26.3k).

In 2022, Chile imported $2.68M in Spices, mainly from Peru ($776k), India ($739k), United States ($246k), Spain ($215k), and Turkey ($211k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Chile WERE (2021 - 2022):
United Kingdom$142k (1%)
Estonia$27.2k (129%)
Norway$25.2k (2.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Chile WERE (2021 - 2022):
Sweden-$134k (-99.9%)
Argentina-$116k (-45.2%)
Spain-$22.6k (-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 Spices were:
India $538M
China $518M
Netherlands $203M
In 2022, Chile's main importing competitors in Spices were:
United States $364M
Germany $211M
Netherlands $167M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $51.6k
TOP IMPORT POTENTIALIndia+ $343k

Spices’s highest export potential is United Kingdom. With an export gap of $51.6k.   Spices’s highest import potential is India with an import gap of $343k.

See methodology.

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