2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Chile-Philippines Trade: In 2022, Chile exported $127M to Philippines. The main products that Chile exported to Philippines were Copper Ore ($42.8M), Non-fillet Frozen Fish ($32.8M), and Kaolin Coated Paper ($17.1M). Over the past 5 years the exports of Chile to Philippines have decreased at an annualized rate of 10.9%, from $226M in 2017 to $127M in 2022.

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

Philippines-Chile Trade: In 2022, Philippines exported $61.6M to Chile. The main products that Philippines exported to Chile were Office Machine Parts ($16.9M), Video Displays ($5.74M), and Ink ($4.63M). Over the past 5 years the exports of Philippines to Chile have decreased at an annualized rate of 8.29%,  from $94.9M in 2017 to $61.6M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $127M to Philippines. The main products exported from Chile to Philippines were Copper Ore ($42.8M), Non-fillet Frozen Fish ($32.8M), and Kaolin Coated Paper ($17.1M). During the last 5 years the exports of Chile to Philippines have decreased at an annualized rate of 10.9%, from $226M in 2017 to $127M in 2022.

In 2017, Philippines exported $61.6M to Chile. The main products exported from Philippines to Chile were Office Machine Parts ($16.9M), Video Displays ($5.74M), and Ink ($4.63M). During the last 5 years the exports of Philippines to Chile have decreased at an annualized rate of 8.29%, from $94.9M in 2022 to $61.6M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Chile than Philippines included China ($38.5B), Brazil ($4.55B), and South Korea ($6.13B).

In 2022, countries that imported more from Philippines than Chile included Hong Kong ($12.6B), Singapore ($7.07B), and Germany ($5.08B).

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

Comparative Advantage Chile - Philippines

Flow
Scale

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

During 2022, Chile had a large net trade with Philippines in the exports of Animal Products ($50.2M), Mineral Products ($42.8M), and Paper Goods ($19.4M).

During 2017, Philippines had a large net trade with Chile in the exports of Machines ($27.6M), Chemical Products ($11.5M), and Textiles ($7.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Philippines+$24.5MCopper Ore
Top Product Potential Philippines Chile+$5.62MIndustrial Printers

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

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

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