Large quantity of yearly imports makes Chile as the world’s 41st largest economy in the world. According to a recent import data in Chile, thousands of products Chile imports from different sectors of the globe including Brazil, Argentina, the United States, and Colombia etc. There are lots of major trading partners of Chile and among them the United States of America ranks first (represented 19.1% of total Chilean imports). The list is followed by China (11.9%), Brazil (9.3%), Argentina (8.8%), South Korea (5.6%) and Japan (4.6%).
Here is the complete list of top10 products that Chile majorly imports in the largest number of quantity-
Top import products
|
Price (US Billion Dollars)
|
Entire imports in percentage
|
Mineral fuels including oil
|
US $7.3
|
13.7% of total imports
|
Machinery
|
US $6.9
|
13%
|
Electronic equipment
|
US $6.4
|
12%
|
Vehicles
|
US $5.9
|
11%
|
Plastics
|
US $2.1
|
3.9%
|
Pharmaceuticals
|
US $1.2
|
2.2%
|
Medical & technical equipment
|
US $1.2
|
2.2%
|
Meat
|
US $1.2
|
2.2%
|
Iron or steel products
|
US $1.1
|
2%
|
Clothing (Not knit or crochet)
|
US $1
|
2%
|
According to a recent import data in Chile, the top imports of Chile are refined petroleum which represents 5.91%, cars (5.4%), crude petroleum (4.0%), delivery trucks (2.8%), broadcasting equipment (2.6%), planes, helicopters & spacecraft (2.2%), computers (2.2%), petroleum (1.8%), packaged medicaments (1.3%) and rubber (1.1%) etc. The data of imports play a very essential role in examining the entire scenario of import trade because it contains very detailed information including Name of the product, HS Code (Harmonized System Code), price of the imported product, quantity of the imported product, source & destination country of the product, Importer’s name & address and destination country.
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