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Pricing

2023
Flag → Flag
Exports $6.07MRnk 96 / 183
2023
Flag → Flag
Top Product $3.99MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $14.7MRnk 32 / 133
2023
Flag → Flag
Top Product $14MMolybdenum Ore
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195

About

Chile-Armenia Trade: In 2023, Chile exported $6.07M to Armenia. The main products that Chile exported to Armenia were Non-fillet Frozen Fish ($3.99M), Other Nuts ($594k), and Grapes ($322k). Over the past 5 years the exports of Chile to Armenia have increased at an annualized rate of 25.1%, from $1.98M in 2018 to $6.07M in 2023.

In 2023, Chile did not export any services to Armenia.

Armenia-Chile Trade: In 2023, Armenia exported $14.7M to Chile. The main products that Armenia exported to Chile were Molybdenum Ore ($14M), Mattresses ($471k), and Other Cloth Articles ($65.9k). Over the past 5 years the exports of Armenia to Chile have increased at an annualized rate of 5.77%,  from $11.1M in 2018 to $14.7M in 2023.

In 2023, Armenia did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $157k and imported $15.9k from Armenia, resulting in a positive trade balance of $141k. Between November 2023 and November 2024 the exports of Chile have decreased by $-752k (-82.7%) from $909k to $157k, while imports decreased by $-66.5k (-80.7%) from $82.3k to $15.9k.

Trade In November 2024, the top exports of Chile to Armenia were Wine ($128k) and Commodities not elsewhere specified ($1.34k). In November 2024 the top imports of Chile from Armenia were .

Origins In November 2024 the exports of Chile were mainly from Puerto Montt ($157k), while imports destinations were mainly N/A.

Growth In November 2024, the decrease in Chile's year-by-year exports to Armenia was explained primarily by an decrease in product exports in . In June 2024, the decrease in Chile's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-752k(-82.7%)
IMPORT GROWTH (June 2023 - June 2024)$-66.5k(-80.7%)
MAIN EXPORTER (November 2024)Puerto Montt$157k

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Armenia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Armenia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $6.07M to Armenia. The main products exported from Chile to Armenia were Non-fillet Frozen Fish ($3.99M), Other Nuts ($594k), and Grapes ($322k). During the last 5 years the exports of Chile to Armenia have increased at an annualized rate of 25.1%, from $1.98M in 2018 to $6.07M in 2023.

In 2018, Armenia exported $14.7M to Chile. The main products exported from Armenia to Chile were Molybdenum Ore ($14M), Mattresses ($471k), and Other Cloth Articles ($65.9k). During the last 5 years the exports of Armenia to Chile have increased at an annualized rate of 5.77%, from $11.1M in 2023 to $14.7M in 2018.

Exports from Chile (Flag) to Armenia (Flag) (2023)

Exports from Armenia (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Chile than Armenia included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Armenia than Chile included Russia ($3.38B), United Arab Emirates ($2.25B), and Georgia ($340M).

Difference in imports from Armenia (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - Armenia

Flow
Scale

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

During 2023, Chile had a large net trade with Armenia in the exports of Animal Products ($4.12M), Vegetable Products ($1.53M), and Chemical Products ($161k).

During 2018, Armenia had a large net trade with Chile in the exports of Mineral Products ($14M), Miscellaneous ($471k), and Textiles ($86.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Armenia+$249kFish Fillets
Top Product Potential Armenia Chile+$64kOther Processed Fruits and Nuts

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

Product Space of Chile (Flag) and Armenia (Flag) (2023)

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