Georgia (GEO) and Chile (CHL) Trade | The Observatory of Economic Complexity

About

Georgia-Chile Trade: In 2022, Georgia exported $3.26M to Chile. The main products that Georgia exported to Chile were Ferroalloys ($863k), Knit Men's Shirts ($826k), and Silicates ($441k). Over the past 5 years the exports of Georgia to Chile have increased at an annualized rate of 37.6%, from $660k in 2017 to $3.26M in 2022.

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

Chile-Georgia Trade: In 2022, Chile exported $110M to Georgia. The main products that Chile exported to Georgia were Copper Ore ($105M), Non-fillet Frozen Fish ($3.85M), and Other Nuts ($1.06M). Over the past 5 years the exports of Chile to Georgia have increased at an annualized rate of 15.2%, from $47.2M in 2017 to $110M in 2022.

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

Comparison: In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $3.26M to Chile. The main products exported from Georgia to Chile were Ferroalloys ($863k), Knit Men's Shirts ($826k), and Silicates ($441k). During the last 5 years the exports of Georgia to Chile have increased at an annualized rate of 37.6%, from $660k in 2017 to $3.26M in 2022.

In 2017, Chile exported $110M to Georgia. The main products exported from Chile to Georgia were Copper Ore ($105M), Non-fillet Frozen Fish ($3.85M), and Other Nuts ($1.06M). During the last 5 years the exports of Chile to Georgia have increased at an annualized rate of 15.2%, from $47.2M in 2022 to $110M in 2017.

Exports from Georgia () to Chile () (2022)

Exports from Chile () to Georgia () (2022)

Latest Data

Trade between Georgia () and Chile ()

Georgia Exports

Date

Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Georgia than Chile included Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

In 2022, countries that imported more from Chile than Georgia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

Difference in imports from Chile () and Georgia () (2022)

Comparative Advantage Georgia - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Chile in the exports of Textiles ($1.64M), Metals ($864k), and Chemical Products ($445k).

During 2017, Chile had a large net trade with Georgia in the exports of Mineral Products ($105M), Animal Products ($3.86M), and Vegetable Products ($1.06M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Chile+$507kFerroalloys

Top Product Potential Chile Georgia+$423kOther Nuts

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Chile () (2022)

Exports from Chile () to Georgia () (2022)

Latest Data

Trade between Georgia () and Chile ()

Georgia Exports

Chile Exports

Market Competitiveness

Difference in imports from Chile () and Georgia () (2022)

Comparative Advantage Georgia - Chile

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Georgia () and Chile () (2022)

Keep Exploring