2022
Flag  
GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
Flag
 GDP
$301BCURRENT US$
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2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
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GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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About

China-Chile Trade: In 2022, China exported $24.9B to Chile. The main products that China exported to Chile were Cars ($1.54B), Broadcasting Equipment ($1.38B), and Delivery Trucks ($919M). Over the past 5 years the exports of China to Chile have increased at an annualized rate of 11.3%, from $14.6B in 2017 to $24.9B in 2022.

In 2022, China did not export any services to Chile.

Chile-China Trade: In 2022, Chile exported $38.5B to China. The main products that Chile exported to China were Copper Ore ($15.6B), Refined Copper ($7.7B), and Carbonates ($5.78B). Over the past 5 years the exports of Chile to China have increased at an annualized rate of 15.3%,  from $18.9B in 2017 to $38.5B in 2022.

In 2009, Chile exported services to China worth $476M, with Transportation ($476M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $24.9B to Chile. The main products exported from China to Chile were Cars ($1.54B), Broadcasting Equipment ($1.38B), and Delivery Trucks ($919M). During the last 5 years the exports of China to Chile have increased at an annualized rate of 11.3%, from $14.6B in 2017 to $24.9B in 2022.

In 2017, Chile exported $38.5B to China. The main products exported from Chile to China were Copper Ore ($15.6B), Refined Copper ($7.7B), and Carbonates ($5.78B). During the last 5 years the exports of Chile to China have increased at an annualized rate of 15.3%, from $18.9B in 2022 to $38.5B in 2017.

Exports from China (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
United States$551B
Chile
Top Destination
China$38.5B

This map shows whether countries import more from China or Chile. Each country is colored based on the difference in imports they receive from China and Chile or the difference in the growth in imports.

In 2022, countries that imported more from China than Chile included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Chile than China included Anguilla ($131M), French South Antarctic Territory ($941k), and Northern Mariana Islands ($798k).

Difference in imports from Chile (Flag) and China (Flag) (2022)

Comparative Advantage China - Chile

Flow
Scale

This chart compares trade between China and Chile by product, considering products traded by both, China and Chile.

During 2022, China had a large net trade with Chile in the exports of Machines ($7.39B), Textiles ($3.73B), and Transportation ($3.32B).

During 2017, Chile had a large net trade with China in the exports of Mineral Products ($17.1B), Metals ($9.3B), and Chemical Products ($6.44B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Chile+$160MTelephones
Top Product Potential Chile China+$250MIron Ore

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Chile. This means that a dot/product with the flag of China indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over China.

Product Space of China (Flag) and Chile (Flag) (2022)

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