Soybean Oil in Chile | The Observatory of Economic Complexity

About

Exports In 2022, Chile exported $2.27M in Soybean Oil, making it the 72nd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 448th most exported product in Chile. The main destination of Soybean Oil exports from Chile are: Guatemala ($1.66M), Cuba ($436k), Peru ($151k), Chile ($18.5k), and Netherlands ($95).

The fastest growing export markets for Soybean Oil of Chile between 2021 and 2022 were Guatemala ($1.51M), Cuba ($436k), and Peru ($30.2k).

Imports In 2022, Chile imported $274M in Soybean Oil, becoming the 15th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 68th most imported product in Chile. Chile imports Soybean Oil primarily from: Argentina ($244M), Bolivia ($24M), United States ($3.02M), Peru ($1.15M), and Brazil ($983k).

The fastest growing import markets in Soybean Oil for Chile between 2021 and 2022 were Argentina ($62.7M), Bolivia ($12.5M), and Peru ($1.03M).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Soybean Oil exports accounted up to $102k and imports accounted up to $2.11M, resulting in a negative trade balance of $2.01M. Between March 2019 and February 2024 the exports of Chile's Soybean Oil have decreased by $-817k (-88.9%) from $920k to $102k, while imports increased by $665k (45.9%) from $1.45M to $2.11M.

Destinations In February 2024, Soybean Oil were exported mostly to Cuba ($81.6k) and Peru ($20.7k), and were imported mostly from Argentina ($1.92M), British Virgin Islands ($135k), Brazil ($41.5k), Chile ($12.9k), and Paraguay ($43.4).

Growth In February 2024, the decrease in Soybean Oil's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Soybean Oil's year-by-year imports was explained primarily by an increase in imports from Argentina ($362k or 56.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2019 - February 2024)$-817k(-88.9%)

IMPORT GROWTH (February 2023 - February 2024)$665k(45.9%)

MAIN EXPORTER (February 2024)Quillota$81.6k

MAIN DESTINATION (February 2024)Cuba$81.6k

This section shows Soybean Oil'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 Soybean Oil over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.27M

IMPORTS (2022)$274M

NET TRADE (2022)-$272M

In 2022, Chile exported $2.27M in Soybean Oil. The main destinations of Chile exports on Soybean Oil were Guatemala ($1.66M), Cuba ($436k), Peru ($151k), Chile ($18.5k), and Netherlands ($95).

In 2022, Chile imported $274M in Soybean Oil, mainly from Argentina ($244M), Bolivia ($24M), United States ($3.02M), Peru ($1.15M), and Brazil ($983k).

Explore Visualizations