Chile

ECON COMPLEXITY (2018)

-0.12

RANK 74 OF 137

PRODUCT EXPORTS (2018)

$76.7B

RANK 43 OF 222

EXPORTS PER CAPITA (2018)

$4.09K

RANK 144 OF 219

PRODUCT IMPORTS (2018)

$71B

RANK 45 OF 221

IMPORTS PER CAPITA (2018)

$3.79

RANK 177 of 219

SERVICE EXPORTS (2018)

$10.3B

RANK 29 OF 88

SERVICE IMPORTS (2018)

$14.3B

RANK 28 OF 88

GDP (2018)

$298B

CURRENT US$
RANK 40 OF 196

GDP GROWTH (2008-2018)

66%

CURRENT US$
RANK 60 OF 196

GDP PC (2018)

$15,923

CURRENT US$
RANK 59 OF 196

GDP PC GROWTH (2008-2018)

48.1%

Overview: In 2018 Chile was the number 40 economy in the world in terms of GDP (current US$), the number 43 in total exports, the number 45 in total imports, and the number 74 most complex economy according to the Economic Complexity Index (ECI). In 2018, Chile exported $76.7B and imported $71B, resulting in a positive trade balance of $5.65B. In 2018, Chile’s exports per capita were $4.09k and its imports per capita were $3.79k.

Trade: The top exports of Chile are Copper Ore ($18.6B), Refined Copper ($15.5B), Sulfate Chemical Woodpulp ($3.71B), Fish Fillets($2.78B), and Raw Copper ($2.16B). The top imports of Chile are Cars($4.81B), Refined Petroleum ($4.68B), Crude Petroleum ($3.83B), Delivery Trucks ($2.65B), and Broadcasting Equipment ($2.35B).

Destinations: Chile exports mostly to China ($25.3B), United States ($10.6B), Japan ($7.06B), South Korea ($4.39B), and Brazil ($3.39B), and imports mostly from China ($16.7B), United States ($13.8B), Brazil ($6.45B), Germany ($3.22B), and Argentina ($3.05B).

Location: Chile borders Argentina, Bolivia, and Peru by land.

Exports

In 2018 Chile exported a total of $76.7B, making it the number 43 exporter in the world. During the last five reported years the exports of Chile have changed by -$2.07B from $78.7B in 2013 to $76.7B in 2018.

The most recent exports are led by Copper Ore ($18.6B), Refined Copper ($15.5B), Sulfate Chemical Woodpulp ($3.71B), Fish Fillets ($2.78B), and Raw Copper ($2.16B).

Imports

In 2018 Chile imported $71B, making it the number 45 trade destination in the world. During the last five reported years the imports of Chile changed by -$5.73B from $76.7B in 2013 to $71B in 2018.

The most recent imports of Chile are led by Cars ($4.81B), Refined Petroleum ($4.68B), Crude Petroleum ($3.83B), Delivery Trucks ($2.65B), and Broadcasting Equipment ($2.35B).

Trade Balance

As of 2018 Chile had a positive trade balance of $7.48B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $901M in net exports.

Destinations

The most common destination for the exports of Chile are China ($25.3B), United States ($10.6B), Japan ($7.06B), South Korea ($4.39B), and Brazil ($3.39B).

Origins

The most common import partners for Chile are China ($16.7B), United States ($13.8B), Brazil ($6.45B), Germany ($3.22B), and Argentina ($3.05B).