2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Chile-Iran Trade: In 2022, Chile exported $1.54M to Iran. The main products that Chile exported to Iran were Unpackaged Medicaments ($689k), Packaged Medicaments ($586k), and Vegetable Saps ($260k). Over the past 5 years the exports of Chile to Iran have decreased at an annualized rate of 38.2%, from $17M in 2017 to $1.54M in 2022.

In 2022, Chile did not export any services to Iran.

Iran-Chile Trade: In 2022, Iran exported $1.5M to Chile. The main products that Iran exported to Chile were Vegetable Alkaloids ($885k), Jams ($369k), and Tropical Fruits ($155k). Over the past 5 years the exports of Iran to Chile have decreased at an annualized rate of 2.18%,  from $2.18M in 2017 to $1.5M in 2022.

In 2022, Iran did not export any services to Chile.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.54M to Iran. The main products exported from Chile to Iran were Unpackaged Medicaments ($689k), Packaged Medicaments ($586k), and Vegetable Saps ($260k). During the last 5 years the exports of Chile to Iran have decreased at an annualized rate of 38.2%, from $17M in 2017 to $1.54M in 2022.

In 2017, Iran exported $1.5M to Chile. The main products exported from Iran to Chile were Vegetable Alkaloids ($885k), Jams ($369k), and Tropical Fruits ($155k). During the last 5 years the exports of Iran to Chile have decreased at an annualized rate of 2.18%, from $2.18M in 2022 to $1.5M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Chile than Iran included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Iran than Chile included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

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

Comparative Advantage Chile - Iran

Flow
Scale

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

During 2022, Chile had a large net trade with Iran in the exports of Chemical Products ($1.28M) and Vegetable Products ($260k).

During 2017, Iran had a large net trade with Chile in the exports of Chemical Products ($885k), Foodstuffs ($391k), and Vegetable Products ($155k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Iran+$941kPackaged Medicaments
Top Product Potential Iran Chile+$249kTropical Fruits

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

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

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