2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
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GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Chile-United Arab Emirates Trade: In 2022, Chile exported $263M to United Arab Emirates. The main products that Chile exported to United Arab Emirates were Malt Extract ($58M), Iron Ore ($33.3M), and Nitrogenous Fertilizers ($30.2M). Over the past 5 years the exports of Chile to United Arab Emirates have increased at an annualized rate of 12.5%, from $146M in 2017 to $263M in 2022.

In 2022, Chile did not export any services to United Arab Emirates.

United Arab Emirates-Chile Trade: In 2022, United Arab Emirates exported $130M to Chile. The main products that United Arab Emirates exported to Chile were Gas Turbines ($41.1M), Delivery Trucks ($12.5M), and Ethylene Polymers ($9.45M). Over the past 5 years the exports of United Arab Emirates to Chile have increased at an annualized rate of 15.7%,  from $62.8M in 2017 to $130M in 2022.

In 2022, United Arab Emirates did not export any services to Chile.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $263M to United Arab Emirates. The main products exported from Chile to United Arab Emirates were Malt Extract ($58M), Iron Ore ($33.3M), and Nitrogenous Fertilizers ($30.2M). During the last 5 years the exports of Chile to United Arab Emirates have increased at an annualized rate of 12.5%, from $146M in 2017 to $263M in 2022.

In 2017, United Arab Emirates exported $130M to Chile. The main products exported from United Arab Emirates to Chile were Gas Turbines ($41.1M), Delivery Trucks ($12.5M), and Ethylene Polymers ($9.45M). During the last 5 years the exports of United Arab Emirates to Chile have increased at an annualized rate of 15.7%, from $62.8M in 2022 to $130M in 2017.

Exports from Chile (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
United Arab Emirates
Top Destination
India$51B

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

In 2022, countries that imported more from Chile than United Arab Emirates included United States ($13.9B), China ($38.5B), and Peru ($1.84B).

In 2022, countries that imported more from United Arab Emirates than Chile included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - United Arab Emirates

Flow
Scale

This chart compares trade between Chile and United Arab Emirates by product, considering products traded by both, Chile and United Arab Emirates.

During 2022, Chile had a large net trade with United Arab Emirates in the exports of Foodstuffs ($66.7M), Chemical Products ($57.2M), and Vegetable Products ($37.3M).

During 2017, United Arab Emirates had a large net trade with Chile in the exports of Machines ($57M), Transportation ($29.5M), and Plastics and Rubbers ($11.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile United Arab Emirates+$19.5MRefined Copper
Top Product Potential United Arab Emirates Chile+$12MTelephones

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

Product Space of Chile (Flag) and United Arab Emirates (Flag) (2022)

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