The free trade agreements of the trade management authorities signed with more than 60 countries worldwide promote easier access to imported products at a lower tariff rate. The diversification of the consumer-based domestic demands leads to a wide range of imports ranging from textiles, machinery, agricultural products, and other necessities of approximately 19 million populations residing in the nation. Accompanying the growing domestic demands the strategic location of the nation along with the western coast of the South African content make this an ideal gateway for foreign investors from Asia and Latin America contributing to its annual import revenue.

The favorable trade policies and the competitive pricing strategies of the nation have made Chile record an overall import trade value of 90 billion US dollars by 2023. The diversification of the import trade authorities also serves the export sectors by facilitating the production sectors leading to the stability of the globally growing economy.

What Are the Top 10 Imports of Chile in 2023

As per the Chile Import Data, the top 10 imported products of the nation in 2023 are,

1. Petroleum Oils and Gases - Import value - 34 billion US dollars.

SUBCATEGORIES OF PETROLEUM OILS AND GAS IMPORTS

• Crude petroleum
• Refined petroleum
• LNG
• Methane
• Petrochemical products

2. Cars and other motor Vehicles - Import value - 24 billion US dollars.

SUBCATEGORIES OF CARS AND OTHER MOTOR VEHICLES IMPORTS

• Passenger vehicles
• Commercial vehicles
• Motorcycle
• Scooter
• Autorickshaw

3. Electronic Equipment - Import value - 18 billion US dollars.

SUBCATEGORIES OF ELECTRONIC EQUIPMENT IMPORTS

• Smartphones
• Laptops
• Power inverter
• Routers and modems
• Transceivers

4. Medicinal Products - Import value - 15 billion US dollars.

SUBCATEGORIES OF MEDICINAL PRODUCT IMPORTS

• Vaccines
• Insulin
• Antibiotics
• Penicillin
• OTC drugs

5. Machinery - Import value - 12 billion US dollars.

SUBCATEGORIES OF MACHINERY IMPORTS

• Excavators
• Irrigation systems
• Turbines
• Generators
• CNC machines

6. Plastics - Import value - 10 billion US dollars.

SUBCATEGORIES OF PLASTICS IMPORTS

• Polyethylene
• Epoxy resins
• Polycarbonate
• Nylon
• Bioplastics

7. Iron and Steel - Import value - 8 billion US dollars.

SUBCATEGORIES OF IRON AND STEEL IMPORTS

• Carbon steel
• Stainless steel
• Alloy steel
• Chromium steel
• I- Beams

8. Organic Chemicals - Import value - 7 billion US dollars.

SUBCATEGORIES OF ORGANIC CHEMICAL IMPORTS

• Hydrocarbons
• Alcohols
• Aldehydes
• Carboxylic acid
• Amines and amides

9. Textiles - Import value - 6 billion US dollars.

SUBCATEGORIES OF TEXTILE IMPORTS

• Natural fibers
• Synthetic fibers
• Blended fabrics
• Technical textiles
• Home textiles

10. Furniture and Bedding - Import value - 4 billion US dollars.

SUBCATEGORIES OF FURNITURE AND BEDDING IMPORTS

• Coffee tables
• Wardrobes
• Desks
• Office chairs
• Sofas

Top 10 Import Trade Partners of Chile in 2023

The Chile Customs Data enlists the below-mentioned as the leading trade partners of Chile in 2023,

1. China - As per the China Export Data, the valuation of Chile Import in 2023 - 41 billion US dollars.

IMPORT VARIANTS

• Mineral fuels
• Generators
• Telecommunication equipment
• Textiles
• Medications

2. United States - As per the USA Export Data, the valuation of Chile Import in 2023 - 25 billion US dollars.

IMPORT VARIANTS

• Pharmaceuticals
• Iron and steel articles
• Electronic components
• Machinery including computers
• IT services

3. Brazil - As per the Brazil Export Data, the valuation of Chile Imports in 2023 - 19 billion US dollars.

IMPORT VARIANTS

• Beverages
• Staple food products
• Luxurious goods
• Metallic ores
• Electronic components

4. Argentina - As per the Argentina Export Data, the valuation of Chile Import in 2023 - 17 billion US dollars.

IMPORT VARIANTS

• Staple food products
• Iron and steel articles
• Pharmaceutical goods
• Ceramic products
• Textiles articles

5. Germany - As per the Germany Export Data, valuation of Chile Import in 2023 - 14 billion US dollars.

IMPORT VARIANTS

• Plastics
• Gemstones
• Agricultural goods
• Telecommunication equipment
• Beverages

6. South Korea - As per the South Korea Export Data, the valuation of Chile Import in 2023 - 12 billion US dollars.

IMPORT VARIANTS

• Electrical machinery and equipment
• Vehicles and automotive goods
• Machinery
• Plastic products
• Pharmaceuticals

7. Japan - As per the Japan Export Data, the valuation of Chile Import in 2023 - 10 billion US dollars.

IMPORT VARIANTS

• Machinery and equipment
• Vehicles
• Electrical machinery
• Pharmaceuticals
• Plastics

8. Mexico - As per the Mexico Export Data, the valuation of Chile Import in 2023 - 8 billion US dollars.

IMPORT VARIANTS

• Staple food products
• Mineral fuels
• Essential oils
• Pharmaceuticals
• Textiles Articles

9. Italy - As per the Italy Export Data, the valuation of Chile Import in 2023 - 6 billion US dollars.

IMPORT VARIANTS

• Essential oils
• Ceramic products
• Construction Equipment
• Mineral essentials
• Automotive Goods

10. France - As per the France Export Data, the valuation of Chile Import in 2023 - 5 billion US dollars.

IMPORT VARIANTS

• Vehicles
• Medicaments
• Plastic
• Iron and steel
• Wine

FAQ'S

Que. What is the import trade value of Chile in 2023?
Ans. The import trade value of Chile in 2023 is 90 billion US dollars.

Que. What is the top imported product of Chile in 2023?
Ans. Petroleum oils and gases are the top imported products of Chile in 2023.

Que. Who is the top import trade partner of Chile in 2023?
Ans. China is the top import trade partner of Chile in 2023.

Que. Where can you get a detailed trade analysis of Chile's imports in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Chile's imports in 2023.

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