2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Chile-Ukraine Trade: In 2023, Chile exported $39.7M to Ukraine. The main products that Chile exported to Ukraine were Processed Crustaceans ($11.9M), Non-fillet Frozen Fish ($5.47M), and Tropical Fruits ($3.18M). Over the past 5 years the exports of Chile to Ukraine have increased at an annualized rate of 1.72%, from $36.5M in 2018 to $39.7M in 2023.

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

Ukraine-Chile Trade: In 2023, Ukraine exported $6.72M to Chile. The main products that Ukraine exported to Chile were Refined Petroleum ($1.03M), Air Pumps ($562k), and Corn ($534k). Over the past 5 years the exports of Ukraine to Chile have decreased at an annualized rate of 12.3%,  from $12.9M in 2018 to $6.72M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $39.7M to Ukraine. The main products exported from Chile to Ukraine were Processed Crustaceans ($11.9M), Non-fillet Frozen Fish ($5.47M), and Tropical Fruits ($3.18M). During the last 5 years the exports of Chile to Ukraine have increased at an annualized rate of 1.72%, from $36.5M in 2018 to $39.7M in 2023.

In 2018, Ukraine exported $6.72M to Chile. The main products exported from Ukraine to Chile were Refined Petroleum ($1.03M), Air Pumps ($562k), and Corn ($534k). During the last 5 years the exports of Ukraine to Chile have decreased at an annualized rate of 12.3%, from $12.9M in 2023 to $6.72M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Ukraine
Top Destination
Poland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Chile included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Chile - Ukraine

Flow
Scale

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

During 2023, Chile had a large net trade with Ukraine in the exports of Foodstuffs ($14.2M), Vegetable Products ($11.3M), and Animal Products ($6.89M).

During 2018, Ukraine had a large net trade with Chile in the exports of Machines ($2.06M), Mineral Products ($1.03M), and Transportation ($563k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Ukraine+$2.25MNon-fillet Frozen Fish
Top Product Potential Ukraine Chile+$1.7MTelephones

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

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

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