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2023
Flag → Flag
Exports $7.1BRnk 3 / 183
2023
Flag → Flag
Top Product $3.51BCopper Ore
2023
Flag → Flag
Exports $2.44BRnk 36 / 211
2023
Flag → Flag
Top Product $663MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 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$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
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GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
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GDP PC$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Chile-Japan Trade: In 2023, Chile exported $7.1B to Japan. The main products that Chile exported to Japan were Copper Ore ($3.51B), Molybdenum Ore ($704M), and Non-fillet Frozen Fish ($555M). Over the past 5 years the exports of Chile to Japan have increased at an annualized rate of 0.56%, from $6.91B in 2018 to $7.1B in 2023.

In 2009, Chile exported services to Japan worth $342M, with Transportation ($342M) being the largest in terms of value.

Japan-Chile Trade: In 2023, Japan exported $2.44B to Chile. The main products that Japan exported to Chile were Refined Petroleum ($663M), Cars ($600M), and Large Construction Vehicles ($191M). Over the past 5 years the exports of Japan to Chile have increased at an annualized rate of 0.69%,  from $2.36B in 2018 to $2.44B in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $849M and imported $34.5M from Japan, resulting in a positive trade balance of $815M. Between November 2023 and November 2024 the exports of Chile have increased by $157M (22.7%) from $692M to $849M, while imports increased by $16.3M (89.5%) from $18.2M to $34.5M.

Trade In November 2024, the top exports of Chile to Japan were Copper Ore ($138M), Non-fillet Frozen Fish ($76.6M), Molybdenum Ore ($68.1M), Fish Fillets ($43.2M), and Fuel Wood ($13.7M). In November 2024 the top imports of Chile from Japan were Medical Instruments ($1.84M), Motor vehicles; parts and accessories (8701... ($581k), Gas and Liquid Flow Measuring Instruments ($349k), Centrifuges ($305k), and X-Ray Equipment ($266k).

Origins In November 2024 the exports of Chile were mainly from Las Condes ($517M), Santiago ($101M), Puerto Montt ($79.2M), Providencia ($32.8M), and Iquique ($24.6M), while imports destinations were mainly Las Condes ($23.1M), Puente Alto ($2.31M), Pudahuel ($1.97M), Providencia ($1.18M), and Quilicura ($901k).

Growth In November 2024, the increase in Chile's year-by-year exports to Japan was explained primarily by an increase in product exports in Molybdenum Ore ($19.4M or 39.7%), Sawn Wood ($6.12M or 369%), and Carbonates ($5.24M or 71.9%). In November 2024, the increase in Chile's year-by-year imports  from Japan was explained primarily by an increase in product imports  in Fishing and Hunting Equipment ($242k or 1.25k%), Motor-working Tools ($223k or 605%), and Computers ($181k or 528%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$157M(22.7%)
IMPORT GROWTH (November 2023 - November 2024)$16.3M(89.5%)
MAIN EXPORTER (November 2024)Las Condes$517M

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 Japan and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $7.1B to Japan. The main products exported from Chile to Japan were Copper Ore ($3.51B), Molybdenum Ore ($704M), and Non-fillet Frozen Fish ($555M). During the last 5 years the exports of Chile to Japan have increased at an annualized rate of 0.56%, from $6.91B in 2018 to $7.1B in 2023.

In 2018, Japan exported $2.44B to Chile. The main products exported from Japan to Chile were Refined Petroleum ($663M), Cars ($600M), and Large Construction Vehicles ($191M). During the last 5 years the exports of Japan to Chile have increased at an annualized rate of 0.69%, from $2.36B in 2023 to $2.44B in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Chile than Japan included Bolivia ($1.36B), Peru ($1.45B), and Anguilla ($114M).

In 2023, countries that imported more from Japan than Chile included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Chile - Japan

Flow
Scale

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

During 2023, Chile had a large net trade with Japan in the exports of Mineral Products ($4.31B), Animal Products ($1.21B), and Chemical Products ($586M).

During 2018, Japan had a large net trade with Chile in the exports of Transportation ($768M), Mineral Products ($666M), and Machines ($398M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Japan+$45MIron Ore
Top Product Potential Japan Chile+$116MCars

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

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

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