Soybean Meal in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $91 in Soybean Meal, making it the 118th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 1129th most exported product in Chile. The main destination of Soybean Meal exports from Chile are: United States ($64) and Paraguay ($27).

The fastest growing export markets for Soybean Meal of Chile between 2021 and 2022 were United States ($64) and Paraguay ($27).

Imports In 2022, Chile imported $387M in Soybean Meal, becoming the 30th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 47th most imported product in Chile. Chile imports Soybean Meal primarily from: Argentina ($160M), Bolivia ($98.2M), Brazil ($75.1M), Paraguay ($34.8M), and United States ($18.7M).

The fastest growing import markets in Soybean Meal for Chile between 2021 and 2022 were Bolivia ($55.4M), Brazil ($3.43M), and China ($47.1k).

Latest Trends

February 2024

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Overview In February 2024 Chile's Soybean Meal exports accounted up to $62.1k and imports accounted up to $1.39M, resulting in a negative trade balance of $1.33M. Between August 2013 and February 2024 the exports of Chile's Soybean Meal have decreased by $-263k (-80.9%) from $325k to $62.1k, while imports increased by $1.01M (269%) from $376k to $1.39M.

Destinations In February 2024, Soybean Meal were exported mostly to Peru ($62.1k), and were imported mostly from Panama ($690k), Bolivia ($254k), Argentina ($233k), and Paraguay ($210k).

Growth In February 2024, the decrease in Soybean Meal's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Soybean Meal's year-by-year imports was explained primarily by an increase in imports from Argentina ($132k or 285%) and Bolivia ($10.1k or 15.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2013 - February 2024)$-263k(-80.9%)

IMPORT GROWTH (February 2023 - February 2024)$1.01M(269%)

MAIN EXPORTER (February 2024)Quillota$62.1k

MAIN DESTINATION (February 2024)Peru$62.1k

This section shows Soybean Meal'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 Meal over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$91

IMPORTS (2022)$387M

NET TRADE (2022)-$387M

In 2022, Chile exported $91 in Soybean Meal. The main destinations of Chile exports on Soybean Meal were United States ($64) and Paraguay ($27).

In 2022, Chile imported $387M in Soybean Meal, mainly from Argentina ($160M), Bolivia ($98.2M), Brazil ($75.1M), Paraguay ($34.8M), and United States ($18.7M).

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