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).

Latest Trends

February 2024

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Overview In February 2024 Chile's Crustaceans exports accounted up to $7.09M and imports accounted up to $3.91M, resulting in a positive trade balance of $3.18M. Between February 2023 and February 2024 the exports of Chile's Crustaceans have decreased by $-3.69M (-34.2%) from $10.8M to $7.09M, while imports increased by $1.13M (40.6%) from $2.78M to $3.91M.

Destinations In February 2024, Crustaceans were exported mostly to China ($4.82M), United States ($1.22M), Belgium ($367k), Australia ($278k), and United Kingdom ($218k), and were imported mostly from United States ($1.46M), Ecuador ($1.41M), and Hong Kong ($1.04M).

Growth In February 2024, the decrease in Crustaceans's year-by-year exports was explained primarily by a decrease in exports to United States ($-5.35M or -84.8%), Thailand ($-272k or -92.6%), and Canada ($-166k or -92.2%). In February 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 (February 2023 - February 2024)$-3.69M(-34.2%)

IMPORT GROWTH (February 2023 - February 2024)$1.13M(40.6%)

MAIN EXPORTER (February 2024)Las Condes$3.36M

MAIN DESTINATION (February 2024)China$4.82M

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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