Child on the southwestern coast of South America has an efficient maritime trade with Asia-Pacific countries like China, Japan, and South Korea, as the nation has easy access to the Pacific Ocean. The membership with Asia-Pacific Economic Cooperation boosts the strong economic ties across different regions. The closer proximity to Andes Mountain and the Atacama Desert is one of the most attributing factors that boost the mineral fuel essentials export of Chile as it has huge reserves in the northern portion of the country. The mid-arid climate of the nation, due to its location in the southern hemisphere, allows the agricultural sector to farm the most demanded fruits like grapes, apples, and blueberries in the Mediterranean climatic zones for a sustainable contribution of the agricultural sector in the overall export valuation.
The country with its diversifying export portfolio and the effective pricing strategies adopted by the government firms has recorded an annual export valuation of 85 billion US dollars in 2024. The strategic location has stabilized the country's access to regional trade agreements, which indulged it as an attractive partner for trade deals. The breakdown of pricing ranges as per the categories of demanded essentials has been crucially fostering the annual valuations.
The export economy of Chile has been increasing crucially due to the rich natural resources and agricultural products contribution in the export revenue generation accompanied by the textile, mechanical, and pharmaceutical industries. According to the Chile Export Data, the top 10 leading variants of goods exported from the nation in 2024 are,
1. Copper - The total export value of Copper exported from Chile in 2024 - 28 billion US dollars.
2. Agricultural Products - The total export value of Agricultural products exported from Chile in 2024 - 12 billion US dollars.
3. Fish and Seafood - The total export value of Fish and seafood exported from Chile in 2024 - 10 billion US dollars.
4. Iron Ore - The total export value of Iron ore exported from Chile in 2024 - 8 billion US dollars.
5. Precious Metals - The total export value of Precious metals exported from Chile in 2024 - 7 billion US dollars.
6. Refined Petroleum - The total export value of Refined petroleum exported from Chile in 2024 - 6 billion US dollars.
7. Non-Fillet Frozen Fish - The total export value of Non-fillet frozen fish exported from Chile in 2024 - 5 billion US dollars.
8. Industrial Machinery - The total export value of Industrial machinery exported from Chile in 2024 - 4 billion US dollars.
9. Motor Vehicles - The total export value of Motor vehicles exported from Chile in 2024 - 3 billion US dollars.
10. Pharmaceuticals - The total export value of Pharmaceuticals exported from Chile in 2024 - 2 billion US dollars.
The export economy of Chile was mainly influenced by the crucial contribution of the strategic trade partnership with the regions of closer geographical proximity. Countries like China and the United States are one of the top exporters with an annual share of 36.1% and 16.8% in revenue generation. According to the Chile Trade Data, the top 10 export trade partners of the nation in 2024 are,
1. China - According to the China Import Data, the valuation of the goods exported from Chile in 2024 - 22 billion US dollars.
Top 5 variants of goods exported
1. Minerals
2. Nuts
3. Meat Products
4. Processed Foods
5. Dairy Products
2. United States- According to the USA Import Data, the valuation of the goods exported from Chile in 2024 - 16 billion US dollars.
Top 5 variants of goods exported
1. Leather Goods
2. Fresh Fruits
3. Fish and Seafood
4. Wine
5. Wood Products
3. Japan - According to the Japan Import Data, the valuation of the goods exported from Chile in 2024 - 12 billion US dollars.
Top 5 variants of goods exported
1. Machinery
2. Plastics
3. Paper
4. Electrical Equipment
5. Iron and Steel
4. South Korea - According to the South Korea Import Data, the valuation of the goods exported from Chile in 2024 - 8 billion US dollars.
Top 5 variants of goods exported
1. Mining Products
2. Crude Oil
3. Textiles
4. Non-metallic Minerals
5. Dairy Products
5. Brazil - According to the Brazil Import Data, the valuation of the goods exported from Chile in 2024 - 7 billion US dollars.
Top 5 variants of goods exported
1. Wood Products
2. Chemicals
3. Vegetables
4. Fresh Cut Flowers
5. Meat Products
6. Germany - According to the Germany Import Data, the valuation of the goods exported from Chile in 2024 - 5 billion US dollars.
Top 5 variants of goods exported
1. Applesauce
2. Pork meat products
3. Wine
4. Fish and Seafood
5. Fruits
7. India - According to the India Import Data, the valuation of the goods exported from Chile in 2024 - 4.7 billion US dollars.
Top 5 variants of goods exported
1. Canned fruits and vegetables
2. Fish oils
3. Cheese
4. Almonds
5. Quinoa
8. Netherlands - According to the Netherlands Import Data, the valuation of the goods exported from Chile in 2024 - 3.2 billion US dollars.
Top 5 variants of goods exported
1. Wheat flour
2. Soybeans
3. Corn
4. Frozen vegetables
5. Olive oil
9. Mexico - According to the Mexico Import Data, the valuation of the goods exported from Chile in 2024 - 2 billion US dollars.
Top 5 variants of goods exported
1. Nitrate minerals
2. Salmon
3. Beef
4. Pork products
5. Poultry products
10. Spain - According to the Spain Import Data, the valuation of the goods exported from Chile in 2024 - 1.5 billion US dollars.
Top 5 variants of goods exported
1. Copper
2. Fruit
3. Wine
4. Fish and seafood
5. Wood
Que. What is the export trade value of Chile in 2024?
Ans. The export trade value of Chile in 2024 is 85 billion US dollars.
Que. Name the top exported product of Chile in 2024.
Ans. Copper is one of the most exported products of Chile in 2024.
Que. Who is the top export trade partner of Chile in 2024?
Ans. China is the top export trade partner of Chile in 2024.
Que. Where can you get a detailed trade analysis of the export market of Chile in 2024?
Ans. By subscribing to Import Globals, you can get the detailed trade analysis of the export market of Chile in 2024.