2023
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GDP
$336BCURRENT US$
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2013-2023
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GDP GROWTH
21%CURRENT US$
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2023
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 GDP
$381BCURRENT US$
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2013-2023
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GDP GROWTH
38.1%CURRENT US$
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2023
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GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
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GDP PC GROWTH
8.83%CURRENT US$
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2023
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GDP PC
$50,532CURRENT US$
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2013-2023
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GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Chile-Hong Kong Trade: In 2023, Chile exported $385M to Hong Kong. The main products that Chile exported to Hong Kong were Pitted Fruits ($224M), Grapes ($99.1M), and Other Fruits ($10.3M). Over the past 5 years the exports of Chile to Hong Kong have decreased at an annualized rate of 2.6%, from $440M in 2018 to $385M in 2023.

In 2023, Chile did not export any services to Hong Kong.

Hong Kong-Chile Trade: In 2023, Hong Kong exported $60.2M to Chile. The main products that Hong Kong exported to Chile were Non-Knit Women's Suits ($4.15M), Other Footwear ($2.72M), and Microphones and Headphones ($2.53M). Over the past 5 years the exports of Hong Kong to Chile have decreased at an annualized rate of 12.8%,  from $120M in 2018 to $60.2M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $385M to Hong Kong. The main products exported from Chile to Hong Kong were Pitted Fruits ($224M), Grapes ($99.1M), and Other Fruits ($10.3M). During the last 5 years the exports of Chile to Hong Kong have decreased at an annualized rate of 2.6%, from $440M in 2018 to $385M in 2023.

In 2018, Hong Kong exported $60.2M to Chile. The main products exported from Hong Kong to Chile were Non-Knit Women's Suits ($4.15M), Other Footwear ($2.72M), and Microphones and Headphones ($2.53M). During the last 5 years the exports of Hong Kong to Chile have decreased at an annualized rate of 12.8%, from $120M in 2023 to $60.2M in 2018.

Exports from Chile (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Hong Kong
Top Destination
China$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Chile included Vietnam ($14.4B), United Arab Emirates ($4.86B), and Switzerland ($4.86B).

Difference in imports from Hong Kong (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - Hong Kong

Flow
Scale

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

During 2023, Chile had a large net trade with Hong Kong in the exports of Vegetable Products ($343M), Foodstuffs ($14.9M), and Animal Products ($13.4M).

During 2018, Hong Kong had a large net trade with Chile in the exports of Textiles ($20.6M), Machines ($17.5M), and Instruments ($7.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Hong Kong+$6.09MWine
Top Product Potential Hong Kong Chile+$6.9MTelephones

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

Product Space of Chile (Flag) and Hong Kong (Flag) (2023)

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