Chile: Foreign trade ranking of dairy products as of January

Published 2024년 4월 10일

Tridge summary

In January 2024, the referenced country saw a dramatic shift in its dairy trade dynamics, with dairy exports plummeting by 63.2% in volume to 38.2 million liters, despite a 52.4% increase in export value to US$26.3 million. The United Arab Emirates, the United States, Mexico, Colombia, and Peru were the top destinations, primarily for 'Other preparations based on dairy products' and condensed milk. Conversely, dairy imports soared by 61.6% in volume to 77.2 million liters and by 29.1% in value to US$44.1 million, with Argentina being the main supplier. This resulted in a negative trade balance, highlighting the country's growing reliance on imported dairy products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data prepared by Fedeleche, exports of dairy products, in equivalent liters, totaled 38.2 million liters in January 2024, recording a drop of 63.2% compared to the same period in 2022, which represents a reduction of 14.8 million liters. In value, dairy shipments totaled US$26.3 million in January, which represents an increase of 52.4% compared to the same month of the previous year, equivalent to US$9.1 million. DESTINATION COUNTRY The United Arab Emirates was the first destination country for dairy sector exports in January, achieving a share of the total of 20.3%. Next, the United States is positioned with 16.3%. Mexico is in third position with a share of 15.4%, while Colombia is in fourth place with 11.4%, while Peru Colombia closes in fifth place with a share of 8.6%. When comparing the current record with the same period last year, a reconfiguration is observed between these destination countries. Source: Fedeleche based on information from Lexis Nexis SHIPPING ...

Source: Portaldelcampo