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2023
Flag → Flag
Exports $218MRnk 34 / 183
2023
Flag → Flag
Top Product $18.8MProcessed Cereals
2023
Flag → Flag
Exports $154MRnk 15 / 170
2023
Flag → Flag
Top Product $104MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
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Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
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GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Chile-Guatemala Trade: In 2023, Chile exported $218M to Guatemala. The main products that Chile exported to Guatemala were Processed Cereals ($18.8M), Sawn Wood ($18.6M), and Sulfate Chemical Woodpulp ($18.2M). Over the past 5 years the exports of Chile to Guatemala have increased at an annualized rate of 9.53%, from $139M in 2018 to $218M in 2023.

In 2009, Chile exported services to Guatemala worth $7.39M, with Transportation ($7.39M) being the largest in terms of value.

Guatemala-Chile Trade: In 2023, Guatemala exported $154M to Chile. The main products that Guatemala exported to Chile were Raw Sugar ($104M), Rubber ($23.6M), and Animal Food ($6.66M). Over the past 5 years the exports of Guatemala to Chile have increased at an annualized rate of 2.18%,  from $138M in 2018 to $154M in 2023.

In 2023, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $13.6M and imported $50.7k from Guatemala, resulting in a positive trade balance of $13.6M. Between November 2023 and November 2024 the exports of Chile have decreased by $-353k (-2.53%) from $14M to $13.6M, while imports decreased by $-970k (-95%) from $1.02M to $50.7k.

Trade In November 2024, the top exports of Chile to Guatemala were Processed Cereals ($2.42M), Sawn Wood ($2.13M), Sulfate Chemical Woodpulp ($1.97M), Tissue ($1.69M), and Particle Board ($896k). In November 2024 the top imports of Chile from Guatemala were Raw Sugar ($989k), Other live plants, cuttings and slips; mushroom... ($19k), Non-Knit Active Wear ($11.9k), Saturated Acyclic Monocarboxylic Acids ($1.8k), and Other Coloring Matter ($1.8k).

Origins In November 2024 the exports of Chile were mainly from Las Condes ($3.57M), Santiago ($2.56M), Vitacura ($1.59M), Arauco ($958k), and Padre Las Casas ($707k), while imports destinations were mainly Curacaví ($31.2k), Las Condes ($8.08k), Providencia ($5.94k), Santiago ($4.9k), and Quilicura ($566).

Growth In November 2024, the decrease in Chile's year-by-year exports to Guatemala was explained primarily by an decrease in product exports in Malt Extract ($-418k or -64.6%), Wine ($-175k or -58%), and Recovered Paper ($-156k or -45.3%). In November 2024, the decrease in Chile's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Other live plants, cuttings and slips; mushroom... ($-79.6k or -80.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-353k(-2.53%)
IMPORT GROWTH (November 2023 - November 2024)$-970k(-95%)
MAIN EXPORTER (November 2024)Las Condes$3.57M

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 Guatemala and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guatemala and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $218M to Guatemala. The main products exported from Chile to Guatemala were Processed Cereals ($18.8M), Sawn Wood ($18.6M), and Sulfate Chemical Woodpulp ($18.2M). During the last 5 years the exports of Chile to Guatemala have increased at an annualized rate of 9.53%, from $139M in 2018 to $218M in 2023.

In 2018, Guatemala exported $154M to Chile. The main products exported from Guatemala to Chile were Raw Sugar ($104M), Rubber ($23.6M), and Animal Food ($6.66M). During the last 5 years the exports of Guatemala to Chile have increased at an annualized rate of 2.18%, from $138M in 2023 to $154M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Guatemala
Top DestinationUnited States$5.16B

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

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

In 2023, countries that imported more from Guatemala than Chile included El Salvador ($1.73B), Honduras ($1.42B), and Nicaragua ($939M).

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

Comparative Advantage Chile - Guatemala

Flow
Scale

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

During 2023, Chile had a large net trade with Guatemala in the exports of Vegetable Products ($55.4M), Paper Goods ($50.8M), and Wood Products ($37.2M).

During 2018, Guatemala had a large net trade with Chile in the exports of Foodstuffs ($115M), Plastics and Rubbers ($24.5M), and Chemical Products ($7.47M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Guatemala+$1.62MPackaged Medicaments
Top Product Potential Guatemala Chile+$2.18MAnimal Food

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

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

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