2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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About

Ireland-Chile Trade: In 2022, Ireland exported $201M to Chile. The main products that Ireland exported to Chile were Vaccines, blood, antisera, toxins and cultures ($66.1M), Packaged Medicaments ($41.3M), and Special Pharmaceuticals ($13.1M). Over the past 5 years the exports of Ireland to Chile have increased at an annualized rate of 10.7%, from $121M in 2017 to $201M in 2022.

In 2020, Ireland exported services to Chile worth $296M, with Other business services ($276M), Insurance services ($14.8M), and Financial services ($4.57M) being the largest in terms of value.

Chile-Ireland Trade: In 2022, Chile exported $70.5M to Ireland. The main products that Chile exported to Ireland were Wine ($44.3M), Coffee and Tea Extracts ($5.1M), and Apples and Pears ($4.09M). Over the past 5 years the exports of Chile to Ireland have increased at an annualized rate of 2.64%,  from $58.8M in 2017 to $70.5M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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
Value

In 2022, Ireland exported $201M to Chile. The main products exported from Ireland to Chile were Vaccines, blood, antisera, toxins and cultures ($66.1M), Packaged Medicaments ($41.3M), and Special Pharmaceuticals ($13.1M). During the last 5 years the exports of Ireland to Chile have increased at an annualized rate of 10.7%, from $121M in 2017 to $201M in 2022.

In 2017, Chile exported $70.5M to Ireland. The main products exported from Chile to Ireland were Wine ($44.3M), Coffee and Tea Extracts ($5.1M), and Apples and Pears ($4.09M). During the last 5 years the exports of Chile to Ireland have increased at an annualized rate of 2.64%, from $58.8M in 2022 to $70.5M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Ireland than Chile included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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

Comparative Advantage Ireland - Chile

Flow
Scale

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

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

During 2017, Chile had a large net trade with Ireland in the exports of Foodstuffs ($49.7M), Vegetable Products ($12.7M), and Chemical Products ($2.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Chile+$24.1MPackaged Medicaments
Top Product Potential Chile Ireland+$1.87MPackaged Medicaments

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

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

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