Navigation Equipment in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $3.06M in Navigation Equipment, making it the 63rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 398th most exported product in Chile. The main destination of Navigation Equipment exports from Chile are: Peru ($649k), Argentina ($544k), Ecuador ($267k), United States ($240k), and Colombia ($203k).

The fastest growing export markets for Navigation Equipment of Chile between 2021 and 2022 were Argentina ($326k), Ecuador ($203k), and Colombia ($188k).

Imports In 2022, Chile imported $71M in Navigation Equipment, becoming the 47th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 230th most imported product in Chile. Chile imports Navigation Equipment primarily from: China ($18.9M), United States ($14.9M), Switzerland ($7.27M), Australia ($5.41M), and France ($3.88M).

The fastest growing import markets in Navigation Equipment for Chile between 2021 and 2022 were Switzerland ($5.72M), France ($3.41M), and Australia ($2.2M).

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

Latest Trends

January 2024

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Overview In January 2024 Chile's Navigation Equipment exports accounted up to $225k and imports accounted up to $27.1M, resulting in a negative trade balance of $26.9M. Between January 2023 and January 2024 the exports of Chile's Navigation Equipment have increased by $174k (344%) from $50.6k to $225k, while imports increased by $12M (79.8%) from $15.1M to $27.1M.

Destinations In January 2024, Navigation Equipment were exported mostly to Paraguay ($78.1k), Peru ($53.6k), Uruguay ($19.2k), Argentina ($14.6k), and Bolivia ($13.2k), and were imported mostly from United States ($18.7M), Heard Island and McDonald Islands ($2.07M), China ($1.79M), Lithuania ($1.36M), and Canada ($539k).

Growth In January 2024, the increase in Navigation Equipment's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Navigation Equipment's year-by-year imports was explained primarily by an increase in imports from Lithuania ($2.47M or 447%), China ($1.35M or 116%), and Heard Island and McDonald Islands ($950k or 935%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$174k(344%)

IMPORT GROWTH (January 2023 - January 2024)$12M(79.8%)

MAIN EXPORTER (January 2024)Providencia$162k

MAIN DESTINATION (January 2024)Paraguay$78.1k

This section shows Navigation Equipment'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 Navigation Equipment over time.

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