Other Iron Products in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $122M in Other Iron Products, making it the 46th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 67th most exported product in Chile. The main destination of Other Iron Products exports from Chile are: Brazil ($66.6M), Bolivia ($16.5M), Ecuador ($9.58M), Peru ($7.94M), and Argentina ($7.59M).

The fastest growing export markets for Other Iron Products of Chile between 2021 and 2022 were Brazil ($13.6M), Bolivia ($4.94M), and Argentina ($3.78M).

Imports In 2022, Chile imported $416M in Other Iron Products, becoming the 39th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 42nd most imported product in Chile. Chile imports Other Iron Products primarily from: China ($322M), United States ($20.6M), Peru ($14M), Brazil ($9.45M), and Germany ($6.5M).

The fastest growing import markets in Other Iron Products for Chile between 2021 and 2022 were Peru ($2.33M), United States ($2.01M), and Chinese Taipei ($1.79M).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Other Iron Products exports accounted up to $6.28M and imports accounted up to $35.4M, resulting in a negative trade balance of $29.2M. Between February 2023 and February 2024 the exports of Chile's Other Iron Products have decreased by $-6.13M (-49.4%) from $12.4M to $6.28M, while imports decreased by $-2.26M (-6%) from $37.7M to $35.4M.

Destinations In February 2024, Other Iron Products were exported mostly to Brazil ($2.99M), Bolivia ($806k), Senegal ($613k), Peru ($493k), and Ecuador ($442k), and were imported mostly from United States ($11.6M), Switzerland ($7.66M), Ireland ($4.86M), Belgium ($2.21M), and Sweden ($1.83M).

Growth In February 2024, the decrease in Other Iron Products's year-by-year exports was explained primarily by a decrease in exports to Ecuador ($-1.54M or -90%), Bolivia ($-157k or -16.6%), and Panama ($-9.66k or -92.6%). In February 2024, the decrease in Other Iron Products's year-by-year imports was explained primarily by a decrease in imports from Switzerland ($-5.83M or -48.3%), China ($-2.45M or -46%), and Spain ($-1.3M or -55.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-6.13M(-49.4%)

IMPORT GROWTH (February 2023 - February 2024)$-2.26M(-6%)

MAIN EXPORTER (February 2024)Talcahuano$4.47M

MAIN DESTINATION (February 2024)Brazil$2.99M

This section shows Other Iron Products'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 Other Iron Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$122M

IMPORTS (2022)$416M

NET TRADE (2022)-$294M

In 2022, Chile exported $122M in Other Iron Products. The main destinations of Chile exports on Other Iron Products were Brazil ($66.6M), Bolivia ($16.5M), Ecuador ($9.58M), Peru ($7.94M), and Argentina ($7.59M).

In 2022, Chile imported $416M in Other Iron Products, mainly from China ($322M), United States ($20.6M), Peru ($14M), Brazil ($9.45M), and Germany ($6.5M).

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