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2022
Flag → Flag
Exports $1.05BRnk 14 / 185
2022
Flag → Flag
Top Product $385MCopper Ore
2022
Flag → Flag
Exports $2.98BRnk 52 / 223
2022
Flag → Flag
Top Product $356MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Chile-Germany Trade: In 2022, Chile exported $1.05B to Germany. The main products that Chile exported to Germany were Copper Ore ($385M), Non-Iron and Steel Slag, Ash and Residues ($102M), and Other Nuts ($74.2M). Over the past 5 years the exports of Chile to Germany have decreased at an annualized rate of 0.97%, from $1.1B in 2017 to $1.05B in 2022.

In 2009, Chile exported services to Germany worth $385M, with Transportation ($311M) and Travel ($74.8M) being the largest in terms of value.

Germany-Chile Trade: In 2022, Germany exported $2.98B to Chile. The main products that Germany exported to Chile were Planes, Helicopters, and/or Spacecraft ($356M), Packaged Medicaments ($164M), and Cars ($148M). Over the past 5 years the exports of Germany to Chile have increased at an annualized rate of 3.02%,  from $2.57B in 2017 to $2.98B in 2022.

In 2020, Germany exported services to Chile worth $129M, with Other business services ($77.7M), Computer and information services ($43.4M), and Insurance services ($3.43M) being the largest in terms of value.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $129M and imported $299M from Germany, resulting in a negative trade balance of $170M. Between August 2023 and August 2024 the exports of Chile have increased by $50M (63.1%) from $79.2M to $129M, while imports increased by $94.7M (46.3%) from $205M to $299M.

Trade In August 2024, the top exports of Chile to Germany were Refined Copper ($57.2M), Other Fruits ($11.1M), Commodities not elsewhere specified ($6.7M), Wine ($5.24M), and Carbonates ($4.67M). In August 2024 the top imports of Chile from Germany were Medical Instruments ($19.8M), Laboratory Reagents ($13.5M), Transmissions ($7.02M), Orthopedic Appliances ($5.34M), and Low-voltage Protection Equipment ($4.67M).

Origins In August 2024 the exports of Chile were mainly from Las Condes ($69.5M), Santiago ($22.2M), Curicó ($6.06M), Arauco ($5.93M), and El Monte ($4.71M), while imports destinations were mainly Las Condes ($110M), Providencia ($42.6M), San Bernardo ($30.9M), Quilicura ($13.8M), and Huechuraba ($12.6M).

Growth In August 2024, the increase in Chile's year-by-year exports to Germany was explained primarily by an increase in product exports in Refined Copper ($55.3M or 2.91k%), Other Fruits ($4.02M or 56.7%), and Commodities not elsewhere specified ($3.65M or 119%). In August 2024, the increase in Chile's year-by-year imports  from Germany was explained primarily by an increase in product imports  in Medical Instruments ($9.55M or 93.3%), Laboratory Reagents ($2.96M or 28%), and Other Iron Products ($2.05M or 188%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$50M(63.1%)
IMPORT GROWTH (August 2023 - August 2024)$94.7M(46.3%)
MAIN EXPORTER (August 2024)Las Condes$69.5M

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 Germany and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Germany and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.05B to Germany. The main products exported from Chile to Germany were Copper Ore ($385M), Non-Iron and Steel Slag, Ash and Residues ($102M), and Other Nuts ($74.2M). During the last 5 years the exports of Chile to Germany have decreased at an annualized rate of 0.97%, from $1.1B in 2017 to $1.05B in 2022.

In 2017, Germany exported $2.98B to Chile. The main products exported from Germany to Chile were Planes, Helicopters, and/or Spacecraft ($356M), Packaged Medicaments ($164M), and Cars ($148M). During the last 5 years the exports of Germany to Chile have increased at an annualized rate of 3.02%, from $2.57B in 2022 to $2.98B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Chile than Germany included Bolivia ($1.21B), Peru ($1.84B), and Paraguay ($509M).

In 2022, countries that imported more from Germany than Chile included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Chile - Germany

Flow
Scale

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

During 2022, Chile had a large net trade with Germany in the exports of Mineral Products ($495M), Vegetable Products ($193M), and Metals ($94.6M).

During 2017, Germany had a large net trade with Chile in the exports of Machines ($816M), Transportation ($769M), and Chemical Products ($480M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Germany+$62.8MRefined Copper
Top Product Potential Germany Chile+$144MCars

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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Bilateral Service Trade

In 2009, Chile exported services to Germany worth $385M, with Transportation ($311M) and Travel ($74.8M) being the largest in terms of value.

In 2020, Germany exported services to Chile worth $129M, with Other business services ($77.7M), Computer and information services ($43.4M), and Insurance services ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Chile (Flag) to Germany (Flag) (2009)

Services Exports from Germany (Flag) to Chile (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and Germany. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Chile.

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

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