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Pricing

2022
Flag → Flag
Exports $2.98BRnk 52 / 223
2022
Flag → Flag
Top Product $356MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $1.05BRnk 14 / 185
2022
Flag → Flag
Top Product $385MCopper Ore
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Germany-Chile Trade: In 2022, Germany exported $2.98B to Chile. The main products that Germany exported to Chile were Planes, Helicopters, and/or Spacecraft ($356M), Packaged Medicaments ($164M), and Cars ($148M). Over the past 5 years the exports of Germany to Chile have increased at an annualized rate of 3.02%, from $2.57B in 2017 to $2.98B in 2022.

In 2020, Germany exported services to Chile worth $129M, with Other business services ($77.7M), Computer and information services ($43.4M), and Insurance services ($3.43M) being the largest in terms of value.

Chile-Germany Trade: In 2022, Chile exported $1.05B to Germany. The main products that Chile exported to Germany were Copper Ore ($385M), Non-Iron and Steel Slag, Ash and Residues ($102M), and Other Nuts ($74.2M). Over the past 5 years the exports of Chile to Germany have decreased at an annualized rate of 0.97%,  from $1.1B in 2017 to $1.05B in 2022.

In 2009, Chile exported services to Germany worth $385M, with Transportation ($311M) and Travel ($74.8M) being the largest in terms of value.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Latest Trends

June, 2024

About

Overview In June 2024, Germany exported €323M and imported €82.8M from Chile, resulting in a positive trade balance of €240M. Between June 2023 and June 2024 the exports of Germany have increased by €58.2M (22%) from €264M to €323M, while imports decreased by €-27.1M (-24.7%) from €110M to €82.8M.

Trade In June 2024, the top exports of Germany to Chile were Machinery for electricity production, distribution (€41.4M), Pharmaceutical products (€16.5M), Lorries and special purpose motor vehicles (€9.14M), Other machinery (€8.54M), and Motor cars and motor caravans (€7.63M). In June 2024 the top imports of Germany from Chile were Copper and copper alloys, incl. waste,... (€41.7M), Other prefabricated chemicals (€10.8M), Tropical and subtropical fruits (€10M), Copper ores (€9.29M), and Nuts and dried fruits (€8.64M).

Origins In June 2024 the exports of Germany were mainly from Hamburg (€147M), Baden-Württemberg (€30.1M), Bavaria (€22.2M), North Rhine-Westphalia (€21M), and Rhineland-Pfalz (€17M), while imports destinations were mainly North Rhine-Westphalia (€29.1M), Lower Saxony (€12.6M), Hesse (€7.32M), Hamburg (€6.91M), and Baden-Württemberg (€6.23M).

Growth In June 2024, the increase in Germany's year-by-year exports to Chile was explained primarily by an increase in product exports in Machinery for electricity production, distribution (€36M or 664%), Lorries and special purpose motor vehicles (€2.18M or 31.3%), and Lifting and handling equipment (€2.09M or 45.3%). In June 2024, the decrease in Germany's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Copper ores (€-106M or -92%), Pulp of fibres containing cellulose (€-10M or -83.9%), and Wine (€-3.34M or -52.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€58.2M(22%)
IMPORT GROWTH (June 2023 - June 2024)€-27.1M(-24.7%)
MAIN EXPORTER (June 2024)Hamburg€147M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Chile and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $2.98B to Chile. The main products exported from Germany to Chile were Planes, Helicopters, and/or Spacecraft ($356M), Packaged Medicaments ($164M), and Cars ($148M). During the last 5 years the exports of Germany to Chile have increased at an annualized rate of 3.02%, from $2.57B in 2017 to $2.98B in 2022.

In 2017, Chile exported $1.05B to Germany. The main products exported from Chile to Germany were Copper Ore ($385M), Non-Iron and Steel Slag, Ash and Residues ($102M), and Other Nuts ($74.2M). During the last 5 years the exports of Chile to Germany have decreased at an annualized rate of 0.97%, from $1.1B in 2022 to $1.05B in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Germany than Chile included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Chile than Germany included Bolivia ($1.21B), Peru ($1.84B), and Paraguay ($509M).

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

Comparative Advantage Germany - Chile

Flow
Scale

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

During 2022, Germany had a large net trade with Chile in the exports of Machines ($816M), Transportation ($769M), and Chemical Products ($480M).

During 2017, Chile had a large net trade with Germany in the exports of Mineral Products ($495M), Vegetable Products ($193M), and Metals ($94.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Chile+$144MCars
Top Product Potential Chile Germany+$62.8MRefined Copper

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 Germany and Chile. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Germany.

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

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