Crustaceans in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $110M in Crustaceans, making it the 36th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 71st most exported product in Chile. The main destination of Crustaceans exports from Chile are: China ($56M), United States ($30.6M), Australia ($4.14M), Chinese Taipei ($4.04M), and Belgium ($2.15M).

The fastest growing export markets for Crustaceans of Chile between 2021 and 2022 were United States ($7.37M), China ($5.36M), and Australia ($1.75M).

Imports In 2022, Chile imported $53.2M in Crustaceans, becoming the 40th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 284th most imported product in Chile. Chile imports Crustaceans primarily from: Ecuador ($30.3M), China ($20.4M), Canada ($1.1M), Argentina ($503k), and Thailand ($449k).

The fastest growing import markets in Crustaceans for Chile between 2021 and 2022 were Peru ($117k), United States ($57.5k), and Australia ($22.7k).

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

Latest Trends

January 2024

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Overview In January 2024 Chile's Crustaceans exports accounted up to $12M and imports accounted up to $6.41M, resulting in a positive trade balance of $5.55M. Between January 2023 and January 2024 the exports of Chile's Crustaceans have increased by $2.31M (23.9%) from $9.65M to $12M, while imports increased by $3.37M (111%) from $3.03M to $6.41M.

Destinations In January 2024, Crustaceans were exported mostly to China ($11.4M), Brazil ($361k), United States ($161k), and Romania ($67.7k), and were imported mostly from Ecuador ($4.36M), Hong Kong ($1.09M), United States ($677k), China ($272k), and Indonesia ($173).

Growth In January 2024, the increase in Crustaceans's year-by-year exports was explained primarily by an increase in exports to China ($2.37M or 72.2%). In January 2024, the increase in Crustaceans's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$2.31M(23.9%)

IMPORT GROWTH (January 2023 - January 2024)$3.37M(111%)

MAIN EXPORTER (January 2024)Las Condes$3.36M

MAIN DESTINATION (January 2024)China$11.4M

This section shows Crustaceans'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 Crustaceans over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$110M

IMPORTS (2022)$53.2M

NET TRADE (2022)$56.7M

In 2022, Chile exported $110M in Crustaceans. The main destinations of Chile exports on Crustaceans were China ($56M), United States ($30.6M), Australia ($4.14M), Chinese Taipei ($4.04M), and Belgium ($2.15M).

In 2022, Chile imported $53.2M in Crustaceans, mainly from Ecuador ($30.3M), China ($20.4M), Canada ($1.1M), Argentina ($503k), and Thailand ($449k).

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