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2022
Flag → Flag
Exports $675MRnk 21 / 185
2022
Flag → Flag
Top Product $391MRefined Copper
2022
Flag → Flag
Exports $737MRnk 42 / 218
2022
Flag → Flag
Top Product $265MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Chile-Thailand Trade: In 2022, Chile exported $675M to Thailand. The main products that Chile exported to Thailand were Refined Copper ($391M), Non-fillet Frozen Fish ($106M), and Sulfate Chemical Woodpulp ($34.2M). Over the past 5 years the exports of Chile to Thailand have increased at an annualized rate of 13.3%, from $361M in 2017 to $675M in 2022.

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

Thailand-Chile Trade: In 2022, Thailand exported $737M to Chile. The main products that Thailand exported to Chile were Delivery Trucks ($265M), Cars ($70.2M), and Office Machine Parts ($45.2M). Over the past 5 years the exports of Thailand to Chile have decreased at an annualized rate of 4.56%,  from $931M in 2017 to $737M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $56.7M and imported $4.76M from Thailand, resulting in a positive trade balance of $52M. Between August 2023 and August 2024 the exports of Chile have increased by $4.69M (9.02%) from $52M to $56.7M, while imports increased by $1.2M (33.7%) from $3.56M to $4.76M.

Trade In August 2024, the top exports of Chile to Thailand were Refined Copper ($14.3M), Non-fillet Frozen Fish ($11.1M), Molybdenum Ore ($9.27M), Pitted Fruits ($5.82M), and Dissolving Grades Chemical Woodpulp ($2.84M). In August 2024 the top imports of Chile from Thailand were Jewellery ($921k), Cellulose ($179k), Processed Fish ($155k), Other Processed Fruits and Nuts ($102k), and Flavored Water ($64.7k).

Origins In August 2024 the exports of Chile were mainly from Antofagasta ($23.4M), Santiago ($13M), Las Condes ($11.3M), Puerto Montt ($3.41M), and Providencia ($966k), while imports destinations were mainly Santiago ($2.28M), Providencia ($1.59M), Las Condes ($270k), Temuco ($170k), and El Bosque ($108k).

Growth In August 2024, the increase in Chile's year-by-year exports to Thailand was explained primarily by an increase in product exports in Pitted Fruits ($1.99M or 52.1%), Sulfate Chemical Woodpulp ($1.58M or 398%), and Non-fillet Frozen Fish ($1.18M or 11.9%). In August 2024, the increase in Chile's year-by-year imports  from Thailand was explained primarily by an increase in product imports  in Other Processed Fruits and Nuts ($22.2k or 27.9%) and Motor vehicles; parts and accessories (8701... ($1.78k or 62.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$4.69M(9.02%)
IMPORT GROWTH (August 2023 - August 2024)$1.2M(33.7%)
MAIN EXPORTER (August 2024)Antofagasta$23.4M

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 Thailand and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Thailand and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $675M to Thailand. The main products exported from Chile to Thailand were Refined Copper ($391M), Non-fillet Frozen Fish ($106M), and Sulfate Chemical Woodpulp ($34.2M). During the last 5 years the exports of Chile to Thailand have increased at an annualized rate of 13.3%, from $361M in 2017 to $675M in 2022.

In 2017, Thailand exported $737M to Chile. The main products exported from Thailand to Chile were Delivery Trucks ($265M), Cars ($70.2M), and Office Machine Parts ($45.2M). During the last 5 years the exports of Thailand to Chile have decreased at an annualized rate of 4.56%, from $931M in 2022 to $737M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Chile than Thailand included China ($38.5B), Brazil ($4.55B), and Peru ($1.84B).

In 2022, countries that imported more from Thailand than Chile included United States ($53.4B), Japan ($24.6B), and Vietnam ($13.4B).

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

Comparative Advantage Chile - Thailand

Flow
Scale

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

During 2022, Chile had a large net trade with Thailand in the exports of Metals ($400M), Animal Products ($116M), and Paper Goods ($74.4M).

During 2017, Thailand had a large net trade with Chile in the exports of Transportation ($361M), Machines ($170M), and Foodstuffs ($64.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Thailand+$6.63MFish Fillets
Top Product Potential Thailand Chile+$43.3MCars

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

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

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