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Pricing

2022
Flag → Flag
Exports $1.43MRnk 131 / 185
2022
Flag → Flag
Top Product $468kNon-fillet Frozen Fish
2022
Flag → Flag
Exports $183kRnk 49 / 105
2022
Flag → Flag
Top Product $113kNon-Knit Women's Coats
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 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$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Chile-Guinea Trade: In 2022, Chile exported $1.43M to Guinea. The main products that Chile exported to Guinea were Non-fillet Frozen Fish ($468k), Other Construction Vehicles ($265k), and Excavation Machinery ($233k). Over the past 5 years the exports of Chile to Guinea have increased at an annualized rate of 61.5%, from $130k in 2017 to $1.43M in 2022.

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

Guinea-Chile Trade: In 2022, Guinea exported $183k to Chile. The main products that Guinea exported to Chile were Non-Knit Women's Coats ($113k), Rice ($63k), and Excavation Machinery ($6.02k). Over the past 5 years the exports of Guinea to Chile have increased at an annualized rate of 85.3%,  from $384 in 2017 to $183k in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Chile exported $82.9k and imported $209k from Guinea, resulting in a negative trade balance of $126k. Between June 2023 and June 2024 the exports of Chile have increased by $24.2k (41.3%) from $58.6k to $82.9k, while imports increased by $189k (939%) from $20.1k to $209k.

Trade In June 2024, the top exports of Chile to Guinea were Excavation Machinery ($5.29k), Valves ($3.16k), and Gas and Liquid Flow Measuring Instruments ($205). In June 2024 the top imports of Chile from Guinea were .

Origins In June 2024 the exports of Chile were mainly from Coronel ($51k), Rancagua ($30.9k), and Quilicura ($1k), while imports destinations were mainly N/A.

Growth In June 2024, the increase in Chile's year-by-year exports to Guinea was explained primarily by an increase in product exports in Excavation Machinery ($4.66k or 745%) and Valves ($1.65k or 109%). In September 2023, the increase in Chile's year-by-year imports  from Guinea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$24.2k(41.3%)
IMPORT GROWTH (September 2022 - September 2023)$189k(939%)
MAIN EXPORTER (June 2024)Coronel$51k

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

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

For full datasets download visit Bulk Download page.

Explore Guinea and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.43M to Guinea. The main products exported from Chile to Guinea were Non-fillet Frozen Fish ($468k), Other Construction Vehicles ($265k), and Excavation Machinery ($233k). During the last 5 years the exports of Chile to Guinea have increased at an annualized rate of 61.5%, from $130k in 2017 to $1.43M in 2022.

In 2017, Guinea exported $183k to Chile. The main products exported from Guinea to Chile were Non-Knit Women's Coats ($113k), Rice ($63k), and Excavation Machinery ($6.02k). During the last 5 years the exports of Guinea to Chile have increased at an annualized rate of 85.3%, from $384 in 2022 to $183k in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Guinea
Top DestinationChina$3.81B

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

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

In 2022, countries that imported more from Guinea than Chile included United Arab Emirates ($2.59B), India ($2.77B), and Brunei ($36.8M).

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

Comparative Advantage Chile - Guinea

Flow
Scale

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

During 2022, Chile had a large net trade with Guinea in the exports of Animal Products ($681k), Machines ($651k), and Chemical Products ($43.2k).

During 2017, Guinea had a large net trade with Chile in the exports of Textiles ($113k), Vegetable Products ($63k), and Machines ($7.27k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Guinea+$488kNon-fillet Frozen Fish
Top Product Potential Guinea Chile+$20.9kExcavation Machinery

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

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

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