Processed Crustaceans in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $473M in Processed Crustaceans, making it the 11th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 29th most exported product in Chile. The main destination of Processed Crustaceans exports from Chile are: Japan ($120M), United States ($96M), Spain ($59.8M), Russia ($29.3M), and Italy ($28.4M).

The fastest growing export markets for Processed Crustaceans of Chile between 2021 and 2022 were Japan ($37M), United States ($27.4M), and Italy ($3.07M).

Imports In 2022, Chile imported $49.6M in Processed Crustaceans, becoming the 33rd largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 298th most imported product in Chile. Chile imports Processed Crustaceans primarily from: China ($42.2M), Ecuador ($5.2M), Thailand ($607k), Spain ($580k), and Vietnam ($270k).

The fastest growing import markets in Processed Crustaceans for Chile between 2021 and 2022 were Indonesia ($186k), Czechia ($171k), and France ($15.6k).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Processed Crustaceans exports accounted up to $22.3M and imports accounted up to $3.48M, resulting in a positive trade balance of $18.8M. Between February 2023 and February 2024 the exports of Chile's Processed Crustaceans have decreased by $-4.26M (-16.1%) from $26.5M to $22.3M, while imports increased by $2.49M (250%) from $994k to $3.48M.

Destinations In February 2024, Processed Crustaceans were exported mostly to Spain ($5.82M), United States ($3.08M), Russia ($2.23M), Italy ($1.45M), and France ($1.26M), and were imported mostly from United States ($3.1M), China ($286k), and South Korea ($91.3k).

Growth In February 2024, the decrease in Processed Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Ukraine ($-935k or -93.9%), France ($-510k or -36.1%), and Argentina ($-490k or -86.7%). In February 2024, the increase in Processed Crustaceans's year-by-year imports was explained primarily by an increase in imports from South Korea ($108k or 421%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-4.26M(-16.1%)

IMPORT GROWTH (February 2023 - February 2024)$2.49M(250%)

MAIN EXPORTER (February 2024)Las Condes$6.79M

MAIN DESTINATION (February 2024)Spain$5.82M

This section shows Processed 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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$473M

IMPORTS (2022)$49.6M

NET TRADE (2022)$423M

In 2022, Chile exported $473M in Processed Crustaceans. The main destinations of Chile exports on Processed Crustaceans were Japan ($120M), United States ($96M), Spain ($59.8M), Russia ($29.3M), and Italy ($28.4M).

In 2022, Chile imported $49.6M in Processed Crustaceans, mainly from China ($42.2M), Ecuador ($5.2M), Thailand ($607k), Spain ($580k), and Vietnam ($270k).

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