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2023
Flag → Flag
Exports $9MRnk 92 / 183
2023
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Top Product $3.63MCorn
2023
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Exports $3.88MRnk 93 / 184
2023
Flag → Flag
Top Product $1.55MMixed Mineral or Chemical Fertilizers
2023
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Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
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Economic Complexity (ECI) ECI 0.76Rnk 35 / 132
2023
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GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
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 GDP$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
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GDP GROWTH61.2%CURRENT US$
Rnk 53 / 195
2023
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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$12,282CURRENT US$
Rnk 82 / 196
2013-2023
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GDP PC GROWTH74.4%CURRENT US$
Rnk 20 / 195

About

Chile-Serbia Trade: In 2023, Chile exported $9M to Serbia. The main products that Chile exported to Serbia were Corn ($3.63M), Tropical Fruits ($1.67M), and Other Fruits ($674k). Over the past 5 years the exports of Chile to Serbia have increased at an annualized rate of 28%, from $2.62M in 2018 to $9M in 2023.

In 2023, Chile did not export any services to Serbia.

Serbia-Chile Trade: In 2023, Serbia exported $3.88M to Chile. The main products that Serbia exported to Chile were Mixed Mineral or Chemical Fertilizers ($1.55M), Plastic Pipes ($484k), and Pulley Systems ($438k). Over the past 5 years the exports of Serbia to Chile have decreased at an annualized rate of 0.33%,  from $3.94M in 2018 to $3.88M in 2023.

In 2009, Serbia exported services to Chile worth $177k, with Workers' remittances ($89.5k), Other business services ($45.8k), and Personal, cultural, and recreational services ($13.2k) being the largest in terms of value.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $97.8k and imported $24.5k from Serbia, resulting in a positive trade balance of $73.3k. Between November 2023 and November 2024 the exports of Chile have increased by $60.7k (164%) from $37.1k to $97.8k, while imports increased by $1.87k (8.29%) from $22.6k to $24.5k.

Trade In November 2024, the top exports of Chile to Serbia were Commodities not elsewhere specified ($304). In November 2024 the top imports of Chile from Serbia were .

Origins In November 2024 the exports of Chile were mainly from Talca ($71.4k) and Coquimbo ($26.3k), while imports destinations were mainly Maipú ($24.3k) and Santiago ($106).

Growth In November 2024, the increase in Chile's year-by-year exports to Serbia was explained primarily by an increase in product exports in Commodities not elsewhere specified ($302 or 20.2k%). In November 2024, the increase in Chile's year-by-year imports  from Serbia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$60.7k(164%)
IMPORT GROWTH (November 2023 - November 2024)$1.87k(8.29%)
MAIN EXPORTER (November 2024)Talca$71.4k

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 Serbia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Serbia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $9M to Serbia. The main products exported from Chile to Serbia were Corn ($3.63M), Tropical Fruits ($1.67M), and Other Fruits ($674k). During the last 5 years the exports of Chile to Serbia have increased at an annualized rate of 28%, from $2.62M in 2018 to $9M in 2023.

In 2018, Serbia exported $3.88M to Chile. The main products exported from Serbia to Chile were Mixed Mineral or Chemical Fertilizers ($1.55M), Plastic Pipes ($484k), and Pulley Systems ($438k). During the last 5 years the exports of Serbia to Chile have decreased at an annualized rate of 0.33%, from $3.94M in 2023 to $3.88M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Serbia
Top DestinationGermany$4.76B

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

In 2023, countries that imported more from Chile than Serbia included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Serbia than Chile included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

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

Comparative Advantage Chile - Serbia

Flow
Scale

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

During 2023, Chile had a large net trade with Serbia in the exports of Vegetable Products ($7.31M), Chemical Products ($816k), and Machines ($290k).

During 2018, Serbia had a large net trade with Chile in the exports of Chemical Products ($1.94M), Machines ($623k), and Plastics and Rubbers ($515k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Serbia+$882kPackaged Medicaments
Top Product Potential Serbia Chile+$725kPackaged 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 Serbia. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Serbia. Similarly, a dot/product with the flag of Serbia indicates it has a comparative advantage over Chile.

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

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