2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
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 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
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GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
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GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Chile-Estonia Trade: In 2023, Chile exported $11.4M to Estonia. The main products that Chile exported to Estonia were Other Nuts ($2.26M), Grapes ($2M), and Wine ($1.95M). Over the past 5 years the exports of Chile to Estonia have increased at an annualized rate of 5.69%, from $8.65M in 2018 to $11.4M in 2023.

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

Estonia-Chile Trade: In 2023, Estonia exported $12.7M to Chile. The main products that Estonia exported to Chile were Electrical Transformers ($2.34M), Broadcasting Equipment ($1.14M), and Tractors ($1.1M). Over the past 5 years the exports of Estonia to Chile have decreased at an annualized rate of 6.13%,  from $17.4M in 2018 to $12.7M in 2023.

In 2020, Estonia exported services to Chile worth $2.97M, with Transportation ($1.37M), Computer and information services ($1.26M), and Other business services ($228k) being the largest in terms of value.

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $11.4M to Estonia. The main products exported from Chile to Estonia were Other Nuts ($2.26M), Grapes ($2M), and Wine ($1.95M). During the last 5 years the exports of Chile to Estonia have increased at an annualized rate of 5.69%, from $8.65M in 2018 to $11.4M in 2023.

In 2018, Estonia exported $12.7M to Chile. The main products exported from Estonia to Chile were Electrical Transformers ($2.34M), Broadcasting Equipment ($1.14M), and Tractors ($1.1M). During the last 5 years the exports of Estonia to Chile have decreased at an annualized rate of 6.13%, from $17.4M in 2023 to $12.7M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Estonia
Top Destination
Finland$2.71B

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

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

In 2023, countries that imported more from Estonia than Chile included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Comparative Advantage Chile - Estonia

Flow
Scale

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

During 2023, Chile had a large net trade with Estonia in the exports of Vegetable Products ($7.57M), Foodstuffs ($3.02M), and Animal Products ($428k).

During 2018, Estonia had a large net trade with Chile in the exports of Machines ($6.37M), Transportation ($1.84M), and Instruments ($826k).

Bilateral Service Trade

In 2020, Estonia exported services to Chile worth $2.97M, with Transportation ($1.37M), Computer and information services ($1.26M), and Other business services ($228k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (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 Estonia. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Chile.

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

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