Chile Top 10 Export Destination Countries in 2024 Q2

Chile Top Export Destinations and Market Reach in 2024 Q2

• Dominant Market: Mainland China accounts for 36.38% ($8.84B) of Chile’s exports, solidifying its role as the primary consumption market.
• Market Dependence: Top 3 partners (China, U.S., Japan) hold 60.48% share, indicating moderate reliance on a few key trading partners.
• Geographic Spread: Chile export destinations skew global, with Asia (China, Japan, South Korea, India) dominating over regional Latin American buyers (Brazil, Peru, Mexico).

Table: Chile Top Destination Countries in 2024 Q2 (Source: yTrade)

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Chile - Key Destination Country Trading Product Pattern

• Mainland China (36.38%): China's massive manufacturing sector drives its consistent demand for Chilean industrial inputs and raw materials.
• United States (16.76%): The U.S. market imports a wide range of Chilean goods, from agricultural products to processed foods and minerals.
• Japan (7.34%): Japan's advanced economy and limited natural resources create a steady need for Chilean resource exports and high-quality foodstuffs.
• Brazil (5.79%): As a major regional economy, Brazil imports Chilean products for both industrial supply chains and consumer markets.
• South Korea (5.13%): South Korea's industrial base and consumer demand support consistent imports of Chilean raw materials and specialty goods.
• India (2.40%): India's growing economy and large population generate increasing demand for Chilean commodity exports and agricultural products.

Frequently Asked Questions

Which countries are the top destinations for Chile's exports in 2024 Q2?

The top 3 destinations are Mainland China ($8.84B), the United States ($4.07B), and Japan ($1.78B).

What is the dominant export market for Chile?

Mainland China is the primary buyer, accounting for 36.38% of Chile's total exports in Q2 2024.