Silver in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $430M in Silver, making it the 19th largest exporter of Silver in the world. At the same year, Silver was the 31st most exported product in Chile. The main destination of Silver exports from Chile are: United States ($248M), Switzerland ($129M), Canada ($29.2M), Singapore ($21.2M), and Argentina ($688k).

The fastest growing export markets for Silver of Chile between 2021 and 2022 were Canada ($29.2M), Switzerland ($17.9M), and Singapore ($3.13M).

Imports In 2022, Chile imported $5.95M in Silver, becoming the 57th largest importer of Silver in the world. At the same year, Silver was the 688th most imported product in Chile. Chile imports Silver primarily from: Peru ($3.55M), Colombia ($1.21M), United States ($1.08M), Italy ($39.5k), and Brazil ($20.9k).

The fastest growing import markets in Silver for Chile between 2021 and 2022 were Peru ($371k), Panama ($17.1k), and France ($13.1k).

Latest Trends

February 2024

About

Overview In February 2024 Chile's Silver exports accounted up to $21.3M and imports accounted up to $261k, resulting in a positive trade balance of $21M. Between February 2023 and February 2024 the exports of Chile's Silver have decreased by $-6.53M (-23.5%) from $27.8M to $21.3M, while imports increased by $88.6k (51.4%) from $172k to $261k.

Destinations In February 2024, Silver were exported mostly to United States ($20.9M), Brazil ($224k), Uruguay ($52.3k), Argentina ($44.7k), and Ecuador ($37.9k), and were imported mostly from Peru ($150k), Colombia ($88k), Italy ($11.3k), Brazil ($8.54k), and United Kingdom ($3.19k).

Growth In February 2024, the decrease in Silver's year-by-year exports was explained primarily by a decrease in exports to United States ($-5.54M or -20.9%), Switzerland ($-2.11M or -50.6%), and Argentina ($-73.6k or -80%). In February 2024, the increase in Silver'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)$-6.53M(-23.5%)

IMPORT GROWTH (February 2023 - February 2024)$88.6k(51.4%)

MAIN EXPORTER (February 2024)Santiago$26.4M

MAIN DESTINATION (February 2024)United States$20.9M

This section shows Silver'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 Silver over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$430M

IMPORTS (2022)$5.95M

NET TRADE (2022)$424M

In 2022, Chile exported $430M in Silver. The main destinations of Chile exports on Silver were United States ($248M), Switzerland ($129M), Canada ($29.2M), Singapore ($21.2M), and Argentina ($688k).

In 2022, Chile imported $5.95M in Silver, mainly from Peru ($3.55M), Colombia ($1.21M), United States ($1.08M), Italy ($39.5k), and Brazil ($20.9k).

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