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Pricing

2022
Flag → Flag
Exports $1.84BRnk 7 / 185
2022
Flag → Flag
Top Product $244MOther Steel Bars
2022
Flag → Flag
Exports $1.85BRnk 9 / 180
2022
Flag → Flag
Top Product $390MMolybdenum Ore
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
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$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Chile-Peru Trade: In 2022, Chile exported $1.84B to Peru. The main products that Chile exported to Peru were Other Steel Bars ($244M), Nitrogenous Fertilizers ($72.1M), and Nitrites and Nitrates ($65.2M). Over the past 5 years the exports of Chile to Peru have increased at an annualized rate of 3.07%, from $1.58B in 2017 to $1.84B in 2022.

In 2009, Chile exported services to Peru worth $391M, with Transportation ($245M), Other business services ($73M), and Travel ($57.6M) being the largest in terms of value.

Peru-Chile Trade: In 2022, Peru exported $1.85B to Chile. The main products that Peru exported to Chile were Molybdenum Ore ($390M), Sulfuric Acid ($214M), and Refined Petroleum ($148M). Over the past 5 years the exports of Peru to Chile have increased at an annualized rate of 12.1%,  from $1.04B in 2017 to $1.85B in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $151M and imported $32.5M from Peru, resulting in a positive trade balance of $118M. Between August 2023 and August 2024 the exports of Chile have decreased by $-8.67M (-5.44%) from $159M to $151M, while imports increased by $6.33M (24.1%) from $26.2M to $32.5M.

Trade In August 2024, the top exports of Chile to Peru were Commodities not elsewhere specified ($39.8M), Other Steel Bars ($19M), Petroleum Gas ($10.6M), Trunks and Cases ($6.94M), and Sulfate Chemical Woodpulp ($6.52M). In August 2024 the top imports of Chile from Peru were Tea ($3.29M), Plastic Housewares ($2.3M), Molybdenum Ore ($2.16M), Industrial Fatty Acids, Oils and Alcohols ($1.9M), and Special Pharmaceuticals ($1.74M).

Origins In August 2024 the exports of Chile were mainly from Las Condes ($24.8M), Pudahuel ($23.1M), Santiago ($14.6M), Quilicura ($9.82M), and Providencia ($7.75M), while imports destinations were mainly Las Condes ($6.22M), Vitacura ($4.95M), Concepción ($3.8M), Santiago ($2.61M), and Pudahuel ($1.69M).

Growth In August 2024, the decrease in Chile's year-by-year exports to Peru was explained primarily by an decrease in product exports in Nitrites and Nitrates ($-7.26M or -96.4%), Sawn Wood ($-2.99M or -54.1%), and Propylene Polymers ($-2.8M or -73.3%). In August 2024, the increase in Chile's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Special Pharmaceuticals ($1.53M or 744%), Tea ($986k or 42.8%), and Raw Plastic Sheeting ($737k or 657%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-8.67M(-5.44%)
IMPORT GROWTH (August 2023 - August 2024)$6.33M(24.1%)
MAIN EXPORTER (August 2024)Las Condes$24.8M

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 Peru and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.84B to Peru. The main products exported from Chile to Peru were Other Steel Bars ($244M), Nitrogenous Fertilizers ($72.1M), and Nitrites and Nitrates ($65.2M). During the last 5 years the exports of Chile to Peru have increased at an annualized rate of 3.07%, from $1.58B in 2017 to $1.84B in 2022.

In 2017, Peru exported $1.85B to Chile. The main products exported from Peru to Chile were Molybdenum Ore ($390M), Sulfuric Acid ($214M), and Refined Petroleum ($148M). During the last 5 years the exports of Peru to Chile have increased at an annualized rate of 12.1%, from $1.04B in 2022 to $1.85B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Peru
Top DestinationChina$17.6B

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

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

In 2022, countries that imported more from Peru than Chile included United Kingdom ($2.03B), Switzerland ($2.08B), and Canada ($2.69B).

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

Comparative Advantage Chile - Peru

Flow
Scale

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

During 2022, Chile had a large net trade with Peru in the exports of Metals ($393M), Chemical Products ($286M), and Machines ($196M).

During 2017, Peru had a large net trade with Chile in the exports of Mineral Products ($608M), Chemical Products ($297M), and Foodstuffs ($144M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Peru+$10.7MRefined Petroleum
Top Product Potential Peru Chile+$93.8MRefined Petroleum

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

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

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