Flag Brazil / Chile Flag

2019
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Exports
: $5.24B, Rnk 6 / 220

2019
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Top Product
: $1.23B, Crude Petroleum

2019
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Exports
: $3.17B, Rnk 5 / 184

2019
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Top Product
: $856M, Refined Copper

2019
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Economic Complexity (ECI)
: ECI 0.51, Rnk 49 / 146

2019
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Economic Complexity (ECI)
: ECI -0.11, Rnk 77 / 146

2019
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GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

2019
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 GDP
: $282B, CURRENT US$
Rnk 41 / 187

2009-2019
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GDP GROWTH
: 63.8%, CURRENT US$
Rnk 72 / 187

2019
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GDP PC 
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
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GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

2019
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GDP PC
: $14,896, CURRENT US$
Rnk 61 / 187

2009-2019
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GDP PC GROWTH
: 45.9%, CURRENT US$
Rnk 63 / 187

Brazil-Chile In 2019, Brazil exported $5.24B to Chile. The main products that Brazil exported to Chile are Crude Petroleum ($1.23B), Bovine Meat ($354M), and Cars ($276M). During the last 24 years the exports of Brazil to Chile have increased at an annualized rate of 6.2%, from $1.24B in 1995 to $5.24B in 2019.

In 2019, Brazil did not export any services to Chile.

Chile-Brazil In 2019, Chile exported $3.17B to Brazil . The main products that Chile exported to Brazil were Refined Copper ($856M), Non-fillet Fresh Fish ($529M), and Copper Ore ($376M). During the last 24 years the exports of Chile to Brazil have increased at an annualized rate of 4.49%, from $1.1B in 1995 to $3.17B in 2019.

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 2019,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B). That same year, Chile ranked 77 in the Economic Complexity Index (ECI -0.11), and 44 in total exports ($71.1B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Brazil exported $5.24B to Chile. The main products exported from Brazil to Chile were Crude Petroleum ($1.23B), Bovine Meat ($354M), and Cars ($276M). During the last 24 years the exports of Brazil to Chile have increased at an annualized rate of 6.2%, from $1.24B in 1995 to $5.24B in 2019.

In 2019, Chile exported $3.17B to Brazil. The main products exported from Chile to Brazil were Refined Copper ($856M), Non-fillet Fresh Fish ($529M), and Copper Ore ($376M). During the last 24 years the exports of Chile to Brazil have increased at an annualized rate of 4.49%, from $1.1B in 1995 to $3.17B in 2019.

Brazil Exports

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Market Competitiveness

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Measure

Brazil
Top Destination
: China, $63.5B

Chile
Top Destination
: China, $22.6B

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 ($63.5B), United States ($30.5B), and Argentina ($9.85B).

In 2019, countries that imported more from Chile than Brazil were South Korea ($4.71B), Japan ($6.38B), and Namibia ($95.9M).

Comparative Advantage Brazil - Chile

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Depth

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

During 2019, Brazil had a large net trade with Chile in the exports of Mineral Products ($1.27B), Transportation ($1.09B), and Animal Products ($643M).

During 2019, Chile had a large net trade with Brazil in the exports of Metals ($1.03B), Animal Products ($629M), and Mineral Products ($507M).

Tariff Section

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This section shows import tariffs for products traded between Brazil and Chile (using the HS6 product classification and the last year reported).

In 2018, the products from Brazil that paid the highest import tariffs to enter Chile were Peaches, otherwise prepared or preserved (25.2%) and Tomato ketchup and other tomato sauces (12.2%).

In 2018, the products from Chile that paid the highest import tariffs to enter Brazil were Extracts, essences and concentrates: of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee (5.28%) and Horses: live, pure-bred breeding animals (0%).

*The tariffs present between Brazil and Chile are:
23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. 12 del TM80
35: AAP.CE N° 35 - Complementación Económica entre MERCOSUR y Chile
35: AAP.CE N° 35 - Complementación Económica entre MERCOSUR y Chile
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

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 red.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Chile. Similarly, the more red a dot/product is, the more Chile has comparative advantage over Brazil.