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How dependent is Chile on Argentina?

In 2024, Argentina sold $6.9 billion to Chile, 8.4% of its imports, ranking 4th among its suppliers. Its share was 5% in 2019 and 9.1% in 1995. In 35 products it sells more than 50% of what Chile buys of them (in 23, more than 75%); what Chile buys from Argentina in those products (dominated value) adds up to $1.4 billion, 1.7% of its imports.

Summary

Share of its imports
8.4%
Value imported
$6.9billion
Rank among its suppliers
4th
Products where it sells over 50%
35
Products where it sells over 75%
23
Dominated value
$1.4billion
Share of total imports
1.7%

Trend

Trend in shares

Argentina went from 9.1% to 8.4% of what Chile buys

Share (%)

  • Argentina 8.4%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951,4299.1%2
19961,6859.5%2
19971,8489.7%2
19981,88610.5%2
19991,94613.6%2
20002,84515.8%2
20013,05317.3%2
20022,99018.5%1
20033,81319.6%1
20044,23617.4%1
20054,89415%2
20064,65811.9%2
20074,5829.9%3
20085,3008.5%3
20094,87211.6%3
20105,0368.8%3
20114,7306.6%4
20125,3466.8%3
20134,0055.3%4
20143,0014.4%4
20152,5514.2%5
20162,5644.5%5
20172,9514.6%4
20183,3134.6%4
20193,4525%5
20203,2495.6%4
20214,7515.2%4
20225,7595.7%4
20235,5786.6%4
20246,9358.4%4

Products where Argentina sells more than half

ProductSupplierShareSecondValue
CornArgentina87.2%over 75%Paraguay · 7.2%$513 million
Soybean oilArgentina90.6%over 75%Bolivia · 7.2%$191 million
Sunflower, safflower and cottonseed oilArgentina94.2%over 75%Spain · 4.3%$137 million
Quicklime and slaked limeArgentina79.5%over 75%Mexico · 9.5%$69 million
Chemically modified fats and oilsArgentina62.9%United States · 27.3%$44 million
MaltArgentina96.9%over 75%Germany · 2%$42 million
Carbon black and other carbonArgentina81.1%over 75%China · 10%$36 million
SoybeansArgentina84.8%over 75%Brazil · 10.5%$34 million
Quaternary ammonium salts and lecithinsArgentina74%United States · 9.3%$30 million
Precious metal oreArgentina95.8%over 75%Peru · 3.5%$29 million
Olive oilArgentina56.3%Spain · 27.2%$26 million
Aluminum cans, drums and containersArgentina65%Brazil · 8.4%$26 million
StarchesArgentina76%over 75%Paraguay · 11.5%$21 million
Ethyl alcohol (ethanol)Argentina64.4%Bolivia · 24.8%$19 million
Rolled oats and other processed grainsArgentina96.1%over 75%Brazil · 1.2%$18 million
PeanutsArgentina92.9%over 75%Brazil · 5.7%$15 million
Fresh fishArgentina99.3%over 75%Colombia · 0.41%$12 million
Wheat flourArgentina76.5%over 75%Netherlands · 11.2%$12 million
Peanut mealArgentina100%over 75%Brazil · 0%$10 million
Wood charcoalArgentina71%Paraguay · 21%$10 million
Yerba mateArgentina77.8%over 75%Brazil · 18.1%$9 million
Dried fruit and nut mixesArgentina81.8%over 75%China · 4.3%$9 million
Meal from other oilseedsArgentina50.2%Bolivia · 39.2%$8 million
Fresh milk and creamArgentina82.4%over 75%Brazil · 7.9%$6 million
Cigarettes and cigarsArgentina68.8%Panama · 7.5%$6 million
DolomiteArgentina98.2%over 75%Norway · 0.75%$6 million
Coal tar oilsArgentina72.1%United States · 11.2%$5 million
MolassesArgentina92%over 75%Colombia · 6.5%$4 million
Carded or combed woolArgentina66.2%Italy · 23.7%$3 million
Cereal groats and pelletsArgentina81.4%over 75%Mexico · 7.4%$3 million

and 5 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Argentina

Chile is Argentina’s 2nd-largest customer, with 9.1% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.