Soldering and Welding Machinery in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $1.1M in Soldering and Welding Machinery, making it the 42nd largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 542nd most exported product in Chile. The main destination of Soldering and Welding Machinery exports from Chile are: Peru ($977k), Bolivia ($47.2k), Colombia ($31.3k), Uruguay ($20.2k), and Paraguay ($12.3k).

The fastest growing export markets for Soldering and Welding Machinery of Chile between 2021 and 2022 were Peru ($123k), Colombia ($31.1k), and Uruguay ($9.28k).

Imports In 2022, Chile imported $7.52M in Soldering and Welding Machinery, becoming the 36th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 643rd most imported product in Chile. Chile imports Soldering and Welding Machinery primarily from: China ($3.24M), United States ($1.44M), Chinese Taipei ($666k), Poland ($662k), and Canada ($421k).

The fastest growing import markets in Soldering and Welding Machinery for Chile between 2021 and 2022 were Canada ($418k), Poland ($254k), and India ($158k).

Latest Trends

January 2024

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Overview In January 2024 Chile's Soldering and Welding Machinery exports accounted up to $9.55k and imports accounted up to $293k, resulting in a negative trade balance of $284k. Between November 2022 and January 2024 the exports of Chile's Soldering and Welding Machinery have decreased by $-607 (-5.97%) from $10.2k to $9.55k, while imports increased by $71.7k (32.4%) from $221k to $293k.

Destinations In January 2024, Soldering and Welding Machinery were exported mostly to , and were imported mostly from Spain ($100k), Brazil ($59.3k), China ($42.2k), Chile ($40.9k), and Switzerland ($25.5k).

Growth In January 2024, the decrease in Soldering and Welding Machinery's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the increase in Soldering and Welding Machinery'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 (November 2022 - January 2024)$-607(-5.97%)

IMPORT GROWTH (February 2023 - February 2024)$71.7k(32.4%)

MAIN EXPORTER (January 2024)Renca$9.55k

MAIN DESTINATION (January 2024)

This section shows Soldering and Welding Machinery'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 Soldering and Welding Machinery over time.

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