Knit Sweaters in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $11.4M in Knit Sweaters, making it the 84th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 229th most exported product in Chile. The main destination of Knit Sweaters exports from Chile are: Peru ($7.54M), Paraguay ($2.41M), Uruguay ($448k), Japan ($316k), and United States ($140k).

The fastest growing export markets for Knit Sweaters of Chile between 2021 and 2022 were Peru ($3.66M), Japan ($316k), and Paraguay ($278k).

Imports In 2022, Chile imported $501M in Knit Sweaters, becoming the 27th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 27th most imported product in Chile. Chile imports Knit Sweaters primarily from: China ($381M), Bangladesh ($33.6M), Vietnam ($16.4M), Spain ($11.3M), and Cambodia ($8.36M).

The fastest growing import markets in Knit Sweaters for Chile between 2021 and 2022 were China ($120M), Bangladesh ($20.1M), and Indonesia ($3.58M).

Latest Trends

February 2024

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Overview In February 2024 Chile's Knit Sweaters exports accounted up to $21.4k and imports accounted up to $21.2M, resulting in a negative trade balance of $21.1M. Between February 2023 and February 2024 the exports of Chile's Knit Sweaters have increased by $9.15k (74.4%) from $12.3k to $21.4k, while imports increased by $2.81M (15.3%) from $18.4M to $21.2M.

Destinations In February 2024, Knit Sweaters were exported mostly to Mexico ($8.18k), Uruguay ($5.68k), United States ($4.49k), Venezuela ($1.56k), and Brazil ($1.05k), and were imported mostly from Panama ($5.98M), China ($4.19M), Spain ($3.37M), Hong Kong ($1.71M), and Italy ($1.58M).

Growth In February 2024, the increase in Knit Sweaters's year-by-year exports was explained primarily by an increase in exports to Mexico ($1.82k or 148%) and Venezuela ($1.68k or 905%). In February 2024, the increase in Knit Sweaters's year-by-year imports was explained primarily by an increase in imports from Poland ($277k or 526%) and India ($42k or 752%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$9.15k(74.4%)

IMPORT GROWTH (February 2023 - February 2024)$2.81M(15.3%)

MAIN EXPORTER (February 2024)Santiago$51.9k

MAIN DESTINATION (February 2024)Mexico$8.18k

This section shows Knit Sweaters'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 Knit Sweaters over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$11.4M

IMPORTS (2022)$501M

NET TRADE (2022)-$489M

In 2022, Chile exported $11.4M in Knit Sweaters. The main destinations of Chile exports on Knit Sweaters were Peru ($7.54M), Paraguay ($2.41M), Uruguay ($448k), Japan ($316k), and United States ($140k).

In 2022, Chile imported $501M in Knit Sweaters, mainly from China ($381M), Bangladesh ($33.6M), Vietnam ($16.4M), Spain ($11.3M), and Cambodia ($8.36M).

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