Inorganic Salts in Chile | The Observatory of Economic Complexity

About

Exports In 2022, Chile exported $769M in Inorganic Salts, making it the 3rd largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 18th most exported product in Chile. The main destination of Inorganic Salts exports from Chile are: South Korea ($364M), United States ($140M), Netherlands ($139M), Japan ($29.1M), and China ($25.8M).

The fastest growing export markets for Inorganic Salts of Chile between 2021 and 2022 were South Korea ($304M), Netherlands ($74.7M), and United States ($52M).

Imports In 2022, Chile imported $14.3M in Inorganic Salts, becoming the 41st largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 518th most imported product in Chile. Chile imports Inorganic Salts primarily from: United States ($4.57M), Norway ($3.82M), Peru ($1.84M), Australia ($1.51M), and Mexico ($773k).

The fastest growing import markets in Inorganic Salts for Chile between 2021 and 2022 were United States ($1.3M), Peru ($1.11M), and Mexico ($772k).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Inorganic Salts exports accounted up to $43.3M and imports accounted up to $282k, resulting in a positive trade balance of $43M. Between February 2023 and February 2024 the exports of Chile's Inorganic Salts have decreased by $-65.3M (-60.1%) from $109M to $43.3M, while imports increased by $10.1k (3.72%) from $272k to $282k.

Destinations In February 2024, Inorganic Salts were exported mostly to South Korea ($16.5M), Heard Island and McDonald Islands ($9.79M), United States ($9.01M), Belgium ($4.52M), and France ($1.93M), and were imported mostly from Switzerland ($281k) and United States ($663).

Growth In February 2024, the decrease in Inorganic Salts's year-by-year exports was explained primarily by a decrease in exports to Austria ($-5.1M or -99.2%). In February 2024, the increase in Inorganic Salts's year-by-year imports was explained primarily by an increase in imports from Switzerland ($122k or 88.6%), United States ($26k or 416%), and Germany ($5.89k or 34.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-65.3M(-60.1%)

IMPORT GROWTH (February 2023 - February 2024)$10.1k(3.72%)

MAIN EXPORTER (February 2024)Las Condes$36.4M

MAIN DESTINATION (February 2024)South Korea$16.5M

This section shows Inorganic Salts'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 Inorganic Salts 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)$769M

IMPORTS (2022)$14.3M

NET TRADE (2022)$754M

In 2022, Chile exported $769M in Inorganic Salts. The main destinations of Chile exports on Inorganic Salts were South Korea ($364M), United States ($140M), Netherlands ($139M), Japan ($29.1M), and China ($25.8M).

In 2022, Chile imported $14.3M in Inorganic Salts, mainly from United States ($4.57M), Norway ($3.82M), Peru ($1.84M), Australia ($1.51M), and Mexico ($773k).

Explore Visualizations