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Pricing

2022
Flag → Flag
Exports $99.9MRnk 51 / 185
2022
Flag → Flag
Top Product $43.6MSawn Wood
2022
Flag → Flag
Exports $13.3MRnk 96 / 138
2022
Flag → Flag
Top Product $4.81MNitrogen Heterocyclic Compounds
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Chile-Saudi Arabia Trade: In 2022, Chile exported $99.9M to Saudi Arabia. The main products that Chile exported to Saudi Arabia were Sawn Wood ($43.6M), Apples and Pears ($24M), and Grapes ($8.42M). Over the past 5 years the exports of Chile to Saudi Arabia have decreased at an annualized rate of 5.89%, from $135M in 2017 to $99.9M in 2022.

In 2022, Chile did not export any services to Saudi Arabia.

Saudi Arabia-Chile Trade: In 2022, Saudi Arabia exported $13.3M to Chile. The main products that Saudi Arabia exported to Chile were Nitrogen Heterocyclic Compounds ($4.81M), Ethylene Polymers ($3.04M), and Nitrogenous Fertilizers ($2.09M). Over the past 5 years the exports of Saudi Arabia to Chile have decreased at an annualized rate of 7.43%,  from $19.6M in 2017 to $13.3M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Latest Trends

September, 2024

About

Overview In September 2024, Chile exported $6.28M and imported $90.9k from Saudi Arabia, resulting in a positive trade balance of $6.19M. Between September 2023 and September 2024 the exports of Chile have increased by $2.63M (72.1%) from $3.65M to $6.28M, while imports increased by $78.8k (652%) from $12.1k to $90.9k.

Trade In September 2024, the top exports of Chile to Saudi Arabia were Sawn Wood ($5.96M), Rubber Tires ($1.05M), Pitted Fruits ($263k), Scrap Aluminium ($205k), and Other Processed Vegetables ($155k). In September 2024 the top imports of Chile from Saudi Arabia were .

Origins In September 2024 the exports of Chile were mainly from Arauco ($3.24M), Santiago ($1.67M), Vitacura ($484k), Las Condes ($228k), and Curicó ($182k), while imports destinations were mainly San Bernardo ($61.2k) and Las Condes ($29.7k).

Growth In September 2024, the increase in Chile's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Sawn Wood ($5.73M or 2.45k%), Pitted Fruits ($38.3k or 17%), and Scrap Aluminium ($9.83k or 5.04%). In September 2024, the increase in Chile's year-by-year imports  from Saudi Arabia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$2.63M(72.1%)
IMPORT GROWTH (September 2023 - September 2024)$78.8k(652%)
MAIN EXPORTER (September 2024)Arauco$3.24M

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 Saudi Arabia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $99.9M to Saudi Arabia. The main products exported from Chile to Saudi Arabia were Sawn Wood ($43.6M), Apples and Pears ($24M), and Grapes ($8.42M). During the last 5 years the exports of Chile to Saudi Arabia have decreased at an annualized rate of 5.89%, from $135M in 2017 to $99.9M in 2022.

In 2017, Saudi Arabia exported $13.3M to Chile. The main products exported from Saudi Arabia to Chile were Nitrogen Heterocyclic Compounds ($4.81M), Ethylene Polymers ($3.04M), and Nitrogenous Fertilizers ($2.09M). During the last 5 years the exports of Saudi Arabia to Chile have decreased at an annualized rate of 7.43%, from $19.6M in 2022 to $13.3M in 2017.

Exports from Chile (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Chile than Saudi Arabia included Mexico ($1.77B), Peru ($1.84B), and Bolivia ($1.21B).

In 2022, countries that imported more from Saudi Arabia than Chile included India ($46.2B), South Korea ($36B), and China ($68B).

Difference in imports from Saudi Arabia (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - Saudi Arabia

Flow
Scale

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

During 2022, Chile had a large net trade with Saudi Arabia in the exports of Vegetable Products ($43.7M), Wood Products ($43.6M), and Metals ($5.22M).

During 2017, Saudi Arabia had a large net trade with Chile in the exports of Chemical Products ($7.48M), Plastics and Rubbers ($4.71M), and Machines ($1.01M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Saudi Arabia+$2.08MGrapes
Top Product Potential Saudi Arabia Chile+$5.07MEthylene Polymers

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

Product Space of Chile (Flag) and Saudi Arabia (Flag) (2022)

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