What is chiles third biggest export beef fish rice gold

Overview In 2020 Chile was the number 44 economy in the world in terms of GDP (current US$), the number 40 in total exports, the number 46 in total imports, the number 61 economy in terms of GDP per capita (current US$) and the number 70 most complex economy according to the Economic Complexity Index (ECI).

Exports The top exports of Chile are Copper Ore ($21.4B), Refined Copper ($14.5B), Fish Fillets ($2.57B), Sulfate Chemical Woodpulp ($2.1B), and Pitted Fruits ($1.96B), exporting mostly to China ($28.6B), United States ($9.94B), Japan ($6.41B), South Korea ($4.11B), and Brazil ($3.07B).

In 2020, Chile was the world's biggest exporter of Copper Ore ($21.4B), Refined Copper ($14.5B), Pitted Fruits ($1.96B), Molybdenum Ore ($1.24B), and Grapes ($1.18B)

Imports The top imports of Chile are Refined Petroleum ($2.91B), Broadcasting Equipment ($2.12B), Crude Petroleum ($1.9B), Cars ($1.66B), and Delivery Trucks ($1.34B), importing mostly from China ($15.7B), United States ($10.7B), Brazil ($3.95B), Argentina ($2.91B), and Germany ($2.24B).

Location Chile borders Argentina, Bolivia, and Peru by land.

Overview In June 2022 Chile exported $8.58B and imported $6.66B, resulting in a positive trade balance of $1.92B. Between June 2021 and June 2022 the exports of Chile have increased by $1.59B (22.8%) from $6.99B to $8.58B, while imports increased by $1.05B (18.8%) from $5.61B to $6.66B.

Trade In June 2022, the top exports of Chile were Copper Ore ($2.12B), Refined Copper ($1.62B), Carbonates ($635M), Fish Fillets ($324M), and Sulfate Chemical Woodpulp ($269M). In June 2022 the top imports of Chile were Bovine Meat ($380M), Telephones ($260M), Motor vehicles; parts and accessories (8701... ($221M), Excavation Machinery ($204M), and Medical Instruments ($194M).

Origins In June 2022 the exports of Chile were mainly from Las Condes ($3.98B), Santiago ($1.8B), Puerto Montt ($284M), Vitacura ($265M), and Providencia ($203M), while imports destinations were mainly Las Condes ($1.73B), Quilicura ($731M), Santiago ($692M), Providencia ($625M), and Huechuraba ($516M).

Destinations In June 2022, Chile exported mostly to China ($3.14B), United States ($1.35B), Japan ($619M), South Korea ($472M), and Brazil ($412M), and imported mostly from United States ($1.76B), Switzerland ($675M), China ($469M), Spain ($392M), and Germany ($386M).

Growth In June 2022, the increase in Chile's year-by-year exports was explained primarily by an increase in exports to China ($968M or 34.9%), United States ($98.1M or 11.7%), and South Korea ($69.5M or 19.7%), and product exports increase in Copper Ore ($538M or 29.3%), Pitted Fruits ($324M or 44.8%), and Refined Copper ($283M or 25.3%). In June 2022, the increase in Chile's year-by-year imports was explained primarily by an increase in imports from Switzerland ($150M or 33%), Taiwan ($138M or 2.02k%), and China ($97.1M or 34.6%), and product imports increase in Computers ($121M or 76.3%), Beauty Products ($62.7M or 98.8%), and Industrial Printers ($49.6M or 116%).

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EXPORT GROWTH (June 2021 - June 2022): $1.59B, (22.8%)

IMPORT GROWTH (June 2021 - June 2022): $1.05B, (18.8%)

MAIN EXPORTER (June 2022): Las Condes, $3.98B

MAIN DESTINATION (June 2022): China, $3.14B

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Chile over time.

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In 2020, Chile exported a total of $74.8B, making it the number 40 exporter in the world. During the last five reported years the exports of Chile have changed by $11.2B from $63.6B in 2015 to $74.8B in 2020.

The most recent exports are led by Copper Ore ($21.4B), Refined Copper ($14.5B), Fish Fillets ($2.57B), Sulfate Chemical Woodpulp ($2.1B), and Pitted Fruits ($1.96B). The most common destination for the exports of Chile are China ($28.6B), United States ($9.94B), Japan ($6.41B), South Korea ($4.11B), and Brazil ($3.07B).

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Fastest Growing Export Markets (2019 - 2020)

  • China, $5.99B (+ 26.5%)
  • France, $436M (+ 46.6%)
  • United States, $202M (+ 2.07%)

Fastest Growing Import Markets (2019 - 2020)

  • China, $139M (+ 0.89%)
  • Paraguay, $111M (+ 16.7%)
  • Canada, $87.9M (+ 12.6%)

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Chile Exports Services (2019): $9.42B

Chile Imports Services (2019): $14.5B

In 2019, Chile exported $9.42B worth of services. The top services exported by Chile in 2019 were Transportation ($3B), Other business services ($2.54B), Personal travel ($2.04B), Computer and information services ($480M), and Business travel ($339M).

The top services imported by Chile in 2019 were Transportation ($4.9B), Other business services ($3B), Personal travel ($2.14B), Royalties and license fees ($1.76B), and Financial services ($894M).

The highest complexity exports of Chile according to the product complexity index (PCI) are Paper and paperboard, coated one or both sides with kaolin (china clay) or inorganic substances, with binder or not, no other coating, surface coloured or not, surface decorated or printed, in rolls or rectangular (including square) sheets, of any size (0.72), Meat of swine; fresh, chilled or frozen (0.7), Natural polymers (e.g. alginic acid) and modified natural polymers (e.g. hardened proteins, chemical derivatives of natural rubber), n.e.c. or included, in primary forms (0.69), Aircraft n.e.c. in heading no. 8801 (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles (0.54), and Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (0.53). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

The top export opportunities for Chile according to the relatedness index, are Wool (0.17), Manganese Ore (0.17), Gold (0.16), Crustaceans (0.15), and Other Ores (0.15). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Chile is not specialized in.

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The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

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During the last 20 years Chile's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨40th to the 70th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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