Engine Parts in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $6.17M in Engine Parts, making it the 67th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 304th most exported product in Chile. The main destination of Engine Parts exports from Chile are: United States ($4.68M), Peru ($334k), Bolivia ($199k), Belgium ($114k), and Denmark ($104k).

The fastest growing export markets for Engine Parts of Chile between 2021 and 2022 were United States ($2.17M), Peru ($182k), and Chile ($54.6k).

Imports In 2022, Chile imported $146M in Engine Parts, becoming the 49th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 128th most imported product in Chile. Chile imports Engine Parts primarily from: United States ($57.6M), China ($22.2M), Germany ($11.7M), Brazil ($9.22M), and Japan ($7.38M).

The fastest growing import markets in Engine Parts for Chile between 2021 and 2022 were United States ($5.58M), China ($2.77M), and Sweden ($1.63M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Engine Parts from Chile to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Chile's Engine Parts exports accounted up to $598k and imports accounted up to $67.5M, resulting in a negative trade balance of $66.9M. Between January 2023 and January 2024 the exports of Chile's Engine Parts have decreased by $-65.8k (-9.91%) from $664k to $598k, while imports increased by $29.6M (78%) from $37.9M to $67.5M.

Destinations In January 2024, Engine Parts were exported mostly to United States ($337k), Venezuela ($69.6k), Spain ($59.5k), Panama ($43.2k), and Peru ($27.6k), and were imported mostly from Switzerland ($29.6M), United States ($24.5M), Brazil ($3.91M), Belgium ($2.63M), and China ($1.3M).

Growth In January 2024, the decrease in Engine Parts's year-by-year exports was explained primarily by a decrease in exports to United States ($-13.1k or -2.64%), Colombia ($-3.12k or -22.8%), and Bolivia ($-1.36k or -83.1%). In January 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from Brazil ($4.69M or 122%), Heard Island and McDonald Islands ($481k or 198%), and Argentina ($223k or 463%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-65.8k(-9.91%)

IMPORT GROWTH (January 2023 - January 2024)$29.6M(78%)

MAIN EXPORTER (January 2024)Huechuraba$312k

MAIN DESTINATION (January 2024)United States$337k

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.17M

IMPORTS (2022)$146M

NET TRADE (2022)-$140M

In 2022, Chile exported $6.17M in Engine Parts. The main destinations of Chile exports on Engine Parts were United States ($4.68M), Peru ($334k), Bolivia ($199k), Belgium ($114k), and Denmark ($104k).

In 2022, Chile imported $146M in Engine Parts, mainly from United States ($57.6M), China ($22.2M), Germany ($11.7M), Brazil ($9.22M), and Japan ($7.38M).

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