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Pricing

2022
Flag → Flag
Exports $3.44BRnk 5 / 185
2022
Flag → Flag
Top Product $1.56BRefined Copper
2022
Flag → Flag
Exports $5.14BRnk 6 / 223
2022
Flag → Flag
Top Product $3.19BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 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
Flag
GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Chile-Brazil Trade: In 2022, Chile exported $3.44B to Brazil. The main products that Chile exported to Brazil were Refined Copper ($1.56B), Non-fillet Fresh Fish ($744M), and Acyclic Alcohols ($323M). Over the past 5 years the exports of Chile to Brazil have increased at an annualized rate of 25.5%, from $1.1B in 2017 to $3.44B in 2022.

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.

Brazil-Chile Trade: In 2022, Brazil exported $5.14B to Chile. The main products that Brazil exported to Chile were Crude Petroleum ($3.19B), Cars ($545M), and Delivery Trucks ($438M). Over the past 5 years the exports of Brazil to Chile have increased at an annualized rate of 32.9%,  from $1.24B in 2017 to $5.14B in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Latest Trends

April, 2024

About

Overview In April 2024, Chile exported $511M and imported $191M from Brazil, resulting in a positive trade balance of $320M. Between April 2023 and April 2024 the exports of Chile have increased by $94.3M (22.6%) from $416M to $511M, while imports increased by $8.69M (4.78%) from $182M to $191M.

Trade In April 2024, the top exports of Chile to Brazil were Refined Copper ($131M), Non-fillet Fresh Fish ($62.5M), Molybdenum Ore ($26.3M), Wine ($11.5M), and Other Iron Products ($6.09M). In April 2024 the top imports of Chile from Brazil were Motor vehicles; parts and accessories (8701... ($33.6M), Engine Parts ($8.55M), Transmissions ($5.88M), Gas and Liquid Flow Measuring Instruments ($5.82M), and Liquid Pumps ($5.33M).

Origins In April 2024 the exports of Chile were mainly from Las Condes ($175M), Santiago ($87M), Puerto Montt ($53.1M), Copiapó ($25.6M), and Antofagasta ($21.2M), while imports destinations were mainly Quilicura ($42M), Las Condes ($29.9M), Santiago ($14.9M), Huechuraba ($11.1M), and Renca ($9.29M).

Growth In April 2024, the increase in Chile's year-by-year exports to Brazil was explained primarily by an increase in product exports in Molybdenum Ore ($12.5M or 90.4%), Non-fillet Fresh Fish ($9.71M or 18.4%), and Commodities not elsewhere specified ($2.56M or 275%). In April 2024, the increase in Chile's year-by-year imports  from Brazil was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... ($12M or 55.5%), Industrial Furnaces ($5.07M or 11.5k%), and Engine Parts ($4.69M or 122%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$94.3M(22.6%)
IMPORT GROWTH (April 2023 - April 2024)$8.69M(4.78%)
MAIN EXPORTER (April 2024)Las Condes$175M

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 Brazil and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Brazil and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $3.44B to Brazil. The main products exported from Chile to Brazil were Refined Copper ($1.56B), Non-fillet Fresh Fish ($744M), and Acyclic Alcohols ($323M). During the last 5 years the exports of Chile to Brazil have increased at an annualized rate of 25.5%, from $1.1B in 2017 to $3.44B in 2022.

In 2017, Brazil exported $5.14B to Chile. The main products exported from Brazil to Chile were Crude Petroleum ($3.19B), Cars ($545M), and Delivery Trucks ($438M). During the last 22 years the exports of Brazil to Chile have increased at an annualized rate of 32.9%, from $1.24B in 1995 to $5.14B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Chile than Brazil included Japan ($7.43B), Anguilla ($131M), and Namibia ($60.7M).

In 2022, countries that imported more from Brazil than Chile included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Chile - Brazil

Flow
Scale

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

During 2022, Chile had a large net trade with Brazil in the exports of Metals ($1.81B), Animal Products ($833M), and Chemical Products ($761M).

During 2017, Brazil had a large net trade with Chile in the exports of Mineral Products ($3.3B), Transportation ($1.79B), and Animal Products ($839M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Brazil+$36.2MCopper Ore
Top Product Potential Brazil Chile+$107MRefined Petroleum

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

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

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