2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Chile-India Trade: In 2023, Chile exported $1.52B to India. The main products that Chile exported to India were Copper Ore ($673M), Raw Copper ($213M), and Molybdenum Ore ($154M). Over the past 5 years the exports of Chile to India have increased at an annualized rate of 0.97%, from $1.45B in 2018 to $1.52B in 2023.

In 2009, Chile exported services to India worth $22.7M, with Transportation ($22.7M) being the largest in terms of value.

India-Chile Trade: In 2023, India exported $1.35B to Chile. The main products that India exported to Chile were Cars ($301M), Packaged Medicaments ($160M), and Centrifuges ($76.7M). Over the past 5 years the exports of India to Chile have increased at an annualized rate of 5.66%,  from $1.03B in 2018 to $1.35B in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $1.52B to India. The main products exported from Chile to India were Copper Ore ($673M), Raw Copper ($213M), and Molybdenum Ore ($154M). During the last 5 years the exports of Chile to India have increased at an annualized rate of 0.97%, from $1.45B in 2018 to $1.52B in 2023.

In 2018, India exported $1.35B to Chile. The main products exported from India to Chile were Cars ($301M), Packaged Medicaments ($160M), and Centrifuges ($76.7M). During the last 5 years the exports of India to Chile have increased at an annualized rate of 5.66%, from $1.03B in 2023 to $1.35B in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
India
Top Destination
United States$85.5B

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

In 2023, countries that imported more from Chile than India included China ($38.2B), Japan ($7.1B), and Bolivia ($1.36B).

In 2023, countries that imported more from India than Chile included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

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

Comparative Advantage Chile - India

Flow
Scale

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

During 2023, Chile had a large net trade with India in the exports of Mineral Products ($846M), Metals ($295M), and Vegetable Products ($171M).

During 2018, India had a large net trade with Chile in the exports of Transportation ($349M), Machines ($290M), and Chemical Products ($265M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile India+$21.7MGold
Top Product Potential India Chile+$52.9MPackaged Medicaments

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

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

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