2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Australia-Chile Trade: In 2022, Australia exported $792M to Chile. The main products that Australia exported to Chile were Coal Briquettes ($496M), Petroleum Gas ($103M), and Ferroalloys ($24.7M). Over the past 5 years the exports of Australia to Chile have increased at an annualized rate of 18.5%, from $339M in 2017 to $792M in 2022.

In 2009, Australia exported services to Chile worth $150M, with Other business services ($72.8M), Travel ($51.5M), and Transportation ($23M) being the largest in terms of value.

Chile-Australia Trade: In 2022, Chile exported $303M to Australia. The main products that Chile exported to Australia were Frozen Fruits and Nuts ($60.2M), Zinc Ore ($45.6M), and Kaolin Coated Paper ($26.2M). Over the past 5 years the exports of Chile to Australia have decreased at an annualized rate of 2.4%,  from $342M in 2017 to $303M in 2022.

In 2009, Chile exported services to Australia worth $85.9M, with Transportation ($85.9M) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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, Australia exported $792M to Chile. The main products exported from Australia to Chile were Coal Briquettes ($496M), Petroleum Gas ($103M), and Ferroalloys ($24.7M). During the last 5 years the exports of Australia to Chile have increased at an annualized rate of 18.5%, from $339M in 2017 to $792M in 2022.

In 2017, Chile exported $303M to Australia. The main products exported from Chile to Australia were Frozen Fruits and Nuts ($60.2M), Zinc Ore ($45.6M), and Kaolin Coated Paper ($26.2M). During the last 5 years the exports of Chile to Australia have decreased at an annualized rate of 2.4%, from $342M in 2022 to $303M in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Chile (Flag)

Australia Exports

Chile Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Australia than Chile included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Chile than Australia included Brazil ($4.55B), Peru ($1.84B), and Mexico ($1.77B).

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

Comparative Advantage Australia - Chile

Flow
Scale

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

During 2022, Australia had a large net trade with Chile in the exports of Mineral Products ($626M), Machines ($70.5M), and Chemical Products ($31.4M).

During 2017, Chile had a large net trade with Australia in the exports of Vegetable Products ($78.1M), Wood Products ($55.3M), and Mineral Products ($52.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Chile+$65.7MPetroleum Gas
Top Product Potential Chile Australia+$4.83MSawn Wood

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

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

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