Flag Brazil / Chile Flag

2020
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Exports
: $3.95B, Rnk 10 / 223

2020
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Top Product
: $666M, Crude Petroleum

2020
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Exports
: $3.07B, Rnk 5 / 188

2020
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Top Product
: $1.06B, Refined Copper

2020
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Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
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Economic Complexity (ECI)
: ECI -0.2, Rnk 70 / 127

2020
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GDP
: $1.44T, CURRENT US$
Rnk 12 / 195

2010-2020
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GDP GROWTH
: -34.6%, CURRENT US$
Rnk 190 / 195

2020
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 GDP
: $253B, CURRENT US$
Rnk 44 / 195

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 127 / 195

2020
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GDP PC 
: $6,797, CURRENT US$
Rnk 91 / 195

2010-2020
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GDP PC GROWTH
: -39.8%, CURRENT US$
Rnk 187 / 195

2020
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GDP PC
: $13,232, CURRENT US$
Rnk 61 / 195

2010-2020
Flag
GDP PC GROWTH
: 3.31%, CURRENT US$
Rnk 125 / 195

Brazil-Chile In 2020, Brazil exported $3.95B to Chile. The main products that Brazil exported to Chile are Crude Petroleum ($666M), Bovine Meat ($311M), and Delivery Trucks ($114M). During the last 25 years the exports of Brazil to Chile have increased at an annualized rate of 4.74%, from $1.24B in 1995 to $3.95B in 2020.

In 2020, Brazil did not export any services to Chile.

Chile-Brazil In 2020, Chile exported $3.07B to Brazil. The main products that Chile exported to Brazil were Refined Copper ($1.06B), Non-fillet Fresh Fish ($361M), and Copper Ore ($348M). During the last 25 years the exports of Chile to Brazil have increased at an annualized rate of 4.13%, from $1.12B in 1995 to $3.07B in 2020.

In 2009, Chile exported services to Brazil worth $690M, with Transportation ($472M), Travel ($205M), and Other business services ($12.9M) being the largest in terms of value.

Comparison In 2020,  Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B). That same year, Chile ranked 70 in the Economic Complexity Index (ECI -0.2), and 40 in total exports ($74.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Brazil exported $3.95B to Chile. The main products exported from Brazil to Chile were Crude Petroleum ($666M), Bovine Meat ($311M), and Delivery Trucks ($114M). During the last 25 years the exports of Brazil to Chile have increased at an annualized rate of 4.74%, from $1.24B in 1995 to $3.95B in 2020.

In 2020, Chile exported $3.07B to Brazil. The main products exported from Chile to Brazil were Refined Copper ($1.06B), Non-fillet Fresh Fish ($361M), and Copper Ore ($348M). During the last 25 years the exports of Chile to Brazil have increased at an annualized rate of 4.13%, from $1.12B in 1995 to $3.07B in 2020.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $67.9B

Chile
Top Destination
: China, $28.6B

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

In 2019, countries that imported more from Brazil than Chile were China ($67.9B), United States ($21.9B), and Argentina ($8.57B).

In 2019, countries that imported more from Chile than Brazil were Japan ($6.41B), South Korea ($4.11B), and Bulgaria ($218M).

Comparative Advantage Brazil - Chile

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Flow

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

During 2020, Brazil had a large net trade with Chile in the exports of Mineral Products ($727M), Transportation ($720M), and Animal Products ($577M).

During 2020, Chile had a large net trade with Brazil in the exports of Metals ($1.23B), Mineral Products ($464M), and Animal Products ($431M).

Bilateral Service Trade

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In 2009, Chile exported services to Brazil worth $690M, with Transportation ($472M), Travel ($205M), and Other business services ($12.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Brazil.