2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Chile-Thailand Trade: In 2022, Chile exported $675M to Thailand. The main products that Chile exported to Thailand were Refined Copper ($391M), Non-fillet Frozen Fish ($106M), and Sulfate Chemical Woodpulp ($34.2M). Over the past 5 years the exports of Chile to Thailand have increased at an annualized rate of 13.3%, from $361M in 2017 to $675M in 2022.

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

Thailand-Chile Trade: In 2022, Thailand exported $737M to Chile. The main products that Thailand exported to Chile were Delivery Trucks ($265M), Cars ($70.2M), and Office Machine Parts ($45.2M). Over the past 5 years the exports of Thailand to Chile have decreased at an annualized rate of 4.56%,  from $931M in 2017 to $737M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $675M to Thailand. The main products exported from Chile to Thailand were Refined Copper ($391M), Non-fillet Frozen Fish ($106M), and Sulfate Chemical Woodpulp ($34.2M). During the last 5 years the exports of Chile to Thailand have increased at an annualized rate of 13.3%, from $361M in 2017 to $675M in 2022.

In 2017, Thailand exported $737M to Chile. The main products exported from Thailand to Chile were Delivery Trucks ($265M), Cars ($70.2M), and Office Machine Parts ($45.2M). During the last 5 years the exports of Thailand to Chile have decreased at an annualized rate of 4.56%, from $931M in 2022 to $737M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Chile than Thailand included China ($38.5B), Brazil ($4.55B), and Peru ($1.84B).

In 2022, countries that imported more from Thailand than Chile included United States ($53.4B), Japan ($24.6B), and Vietnam ($13.4B).

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

Comparative Advantage Chile - Thailand

Flow
Scale

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

During 2022, Chile had a large net trade with Thailand in the exports of N/A.

During 2017, Thailand had a large net trade with Chile in the exports of Transportation ($361M), Machines ($170M), and Foodstuffs ($64.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Thailand+$6.63MFish Fillets
Top Product Potential Thailand Chile+$43.3MCars

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

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

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