Chile Top 10 Import Origin Countries in 2024 Q3

Chile Top Import Origins and Sourcing Dependency in 2024 Q3

• Dominant Supplier: Mainland China leads Chile's import sources with 26.01% share ($5.63B), acting as the primary manufacturing hub.
• Concentration Risk: Top 3 partners (China, US, Argentina) account for 54.42% of imports, indicating moderate reliance on specific suppliers.
• Diversification: Chile's major suppliers include Brazil (8.57%), Germany (2.99%), and Peru (2.62), showing some regional diversification.
• Strategic Note: Heavy dependence on China poses potential supply chain risks; secondary partners like Argentina and Brazil provide regional balance.

Table: Chile Top Origin Countries in 2024 Q3 (Source: yTrade)

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Chile - Key Origin Country Trading Product Pattern

• Mainland China (26.01%): A dominant supplier of manufactured goods, electronics, and industrial equipment, reflecting its position as a global production hub.
• United States (19.07%): A major source for high-value machinery, technology products, and specialized chemicals, driven by advanced manufacturing and R&D.
• Argentina (9.34%): A primary provider of agricultural products, energy, and automotive parts, benefiting from regional trade agreements and proximity.
• Brazil (8.57%): A key supplier of vehicles, machinery, and food products, leveraging its large industrial and agricultural base.
• Germany (2.99%): Exports precision machinery, automotive components, and chemical products, based on its engineering and high-tech specialization.

Frequently Asked Questions

Which countries supply most of Chile's imports in 2024 Q3?

Mainland China ($5.63B), the United States ($4.13B), and Argentina ($2.02B) are Chile's top import suppliers, accounting for 26.01%, 19.07%, and 9.34% of total imports, respectively.

Does Chile rely heavily on a single import supplier?

Mainland China is Chile's primary import source, contributing 26.01% ($5.63B) of total imports in Q3 2024.