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2022
Flag → Flag
Exports $252MRnk 32 / 185
2022
Flag → Flag
Top Product $111MRefined Petroleum
2022
Flag → Flag
Exports $163MRnk 69 / 215
2022
Flag → Flag
Top Product $67.2MGas Turbines
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Chile-Singapore Trade: In 2022, Chile exported $252M to Singapore. The main products that Chile exported to Singapore were Refined Petroleum ($111M), Fish Fillets ($27.2M), and Silver ($21.2M). Over the past 5 years the exports of Chile to Singapore have increased at an annualized rate of 28.9%, from $71M in 2017 to $252M in 2022.

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

Singapore-Chile Trade: In 2022, Singapore exported $163M to Chile. The main products that Singapore exported to Chile were Gas Turbines ($67.2M), Other Edible Preparations ($15.5M), and Orthopedic Appliances ($10.2M). Over the past 5 years the exports of Singapore to Chile have increased at an annualized rate of 11.3%,  from $95.4M in 2017 to $163M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Latest Trends

September, 2024

About

Overview In September 2024, Chile exported $5.99M and imported $50.4M from Singapore, resulting in a negative trade balance of $44.4M. Between September 2023 and September 2024 the exports of Chile have increased by $1.97M (49%) from $4.02M to $5.99M, while imports increased by $27.3M (119%) from $23.1M to $50.4M.

Trade In September 2024, the top exports of Chile to Singapore were Fish Fillets ($2.12M), Commodities not elsewhere specified ($1.64M), Processed Crustaceans ($651k), Other Fruits ($542k), and Wine ($540k). In September 2024 the top imports of Chile from Singapore were Brochures ($3.94M), Telephones ($3.69M), Orthopedic Appliances ($3.69M), Leather Footwear ($3.22M), and Blank Audio Media ($2.33M).

Origins In September 2024 the exports of Chile were mainly from Las Condes ($1.6M), Vitacura ($1.14M), Pudahuel ($1.08M), Puerto Montt ($722k), and Renca ($405k), while imports destinations were mainly Las Condes ($28.7M), Quilicura ($11.3M), Providencia ($7.31M), Huechuraba ($1.34M), and San Bernardo ($787k).

Growth In September 2024, the increase in Chile's year-by-year exports to Singapore was explained primarily by an increase in product exports in Commodities not elsewhere specified ($1.33M or 434%), Processed Crustaceans ($472k or 264%), and Other Fruits ($279k or 106%). In September 2024, the increase in Chile's year-by-year imports  from Singapore was explained primarily by an increase in product imports  in Brochures ($3.94M or 276M%), Orthopedic Appliances ($2.73M or 284%), and Blank Audio Media ($1.91M or 456%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$1.97M(49%)
IMPORT GROWTH (September 2023 - September 2024)$27.3M(119%)
MAIN EXPORTER (September 2024)Las Condes$1.6M

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 Singapore and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Singapore and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $252M to Singapore. The main products exported from Chile to Singapore were Refined Petroleum ($111M), Fish Fillets ($27.2M), and Silver ($21.2M). During the last 5 years the exports of Chile to Singapore have increased at an annualized rate of 28.9%, from $71M in 2017 to $252M in 2022.

In 2017, Singapore exported $163M to Chile. The main products exported from Singapore to Chile were Gas Turbines ($67.2M), Other Edible Preparations ($15.5M), and Orthopedic Appliances ($10.2M). During the last 5 years the exports of Singapore to Chile have increased at an annualized rate of 11.3%, from $95.4M in 2022 to $163M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Chile than Singapore included Brazil ($4.55B), Peru ($1.84B), and Bolivia ($1.21B).

In 2022, countries that imported more from Singapore than Chile included Hong Kong ($51.6B), Malaysia ($35.9B), and Indonesia ($22.5B).

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

Comparative Advantage Chile - Singapore

Flow
Scale

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

During 2022, Chile had a large net trade with Singapore in the exports of Mineral Products ($125M), Animal Products ($46.3M), and Foodstuffs ($24.2M).

During 2017, Singapore had a large net trade with Chile in the exports of Machines ($84.9M), Foodstuffs ($23.8M), and Instruments ($20.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Singapore+$37.6MRefined Petroleum
Top Product Potential Singapore Chile+$7.35MPackaged 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 Singapore. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Chile.

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

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