who is chile’s biggest trade partner? course hero

Who are Chile’s 5 biggest trading partners?

That dollar amount reflects a 36.4% increase from 2017 to 2021 and a 33% uptick from 2020 to 2021. The 5 biggest trading partners for Chile during 2021 was a diversified subset of countries: mainland China, United States of America, Japan, South Korea and Brazil.

Who are Chile’s 5 biggest importers?

The 5 biggest trading partners for Chile during 2021 was a diversified subset of countries: mainland China, United States of America, Japan, South Korea and Brazil. Collectively, that cohort of leading importers accounted for almost three-quarters (72.7%) of Chile’s total exports.

Is China the world’s biggest trade partner?

Finally, at the end of the decade, China became a member of the World Trade Organization, giving the country an unparalleled opportunity to establish itself further as a major global trading partner. By 2020, China had overtaken the U.S. as the world’s biggest trade partner.

How much was Chile’s trade surplus in 2021?

Overall Chile earned a $2.8 billion trade surplus in 2021, down -77.1% from the $12.2 billion in black ink for 2020. Based on Investopedia’s definition of net importer, a country whose total value of all imported goods is lower than its value of all exports is said to have a positive trade balance or surplus.

What countries export Chile?

The most common destination for the exports of Chile are China ($22.6B), United States ($9.74B), Japan ($6.38B), South Korea ($4.71B), and Brazil ($3.17B). Explore Visualizations.

What is the top import of Chile in 2019?

Top Origin (2019) : China. , $15.9B. In 2019 Chile imported $67B, making it the number 45 trade destination in the world. During the last five reported years the imports of Chile changed by -$293M from $67.2B in 2014 to $67B in 2019.

How much did Chile export in 2021?

Between April 2020 and April 2021 the exports of Chile have increased by $2.02B (34.9%) from $5.78B to $7.8B, while imports increased by $1.39B (36%) from $3.85B to $5.24B.

What is the number 41 economy in the world?

Overview: In 2019 Chile was the number 41 economy in the world in terms of GDP (current US$), the number 44 in total exports, the number 45 in total imports, the number 61 economy in terms of GDP per capita (current US$) and the number 77 most complex economy according to the Economic Complexity Index (ECI).