South Korea / Chile

South Korea-Chile Trade: In 2022, South Korea exported $1.81B to Chile. The main products that South Korea exported to Chile were Cars ($478M), Delivery Trucks ($179M), and Sulfuric Acid ($117M). Over the past 5 years the exports of South Korea to Chile have increased at an annualized rate of 0.5%, from $1.77B in 2017 to $1.81B in 2022.

In 2005, South Korea exported services to Chile worth $82.3M, with Transportation ($72.4M), Other business services ($5.9M), and Travel ($2.4M) being the largest in terms of value.

Chile-South Korea Trade: In 2022, Chile exported $6.13B to South Korea. The main products that Chile exported to South Korea were Refined Copper ($1.9B), Carbonates ($992M), and Copper Ore ($935M). Over the past 5 years the exports of Chile to South Korea have increased at an annualized rate of 7.64%,  from $4.24B in 2017 to $6.13B in 2022.

In 2009, Chile exported services to South Korea worth $60.3M, with Transportation ($60.3M) being the largest in terms of value.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).