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2022
Flag → Flag
Exports $416MRnk 26 / 185
2022
Flag → Flag
Top Product $139MRefined Copper
2022
Flag → Flag
Exports $1.51BRnk 33 / 152
2022
Flag → Flag
Top Product $584MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Chile-Vietnam Trade: In 2022, Chile exported $416M to Vietnam. The main products that Chile exported to Vietnam were Refined Copper ($139M), Non-fillet Frozen Fish ($68.4M), and Sawn Wood ($64.6M). Over the past 5 years the exports of Chile to Vietnam have increased at an annualized rate of 5.89%, from $312M in 2017 to $416M in 2022.

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

Vietnam-Chile Trade: In 2022, Vietnam exported $1.51B to Chile. The main products that Vietnam exported to Chile were Broadcasting Equipment ($584M), Textile Footwear ($115M), and Electrical Transformers ($96.6M). Over the past 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.65%,  from $994M in 2017 to $1.51B in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $22M and imported $1.01M from Vietnam, resulting in a positive trade balance of $21M. Between August 2023 and August 2024 the exports of Chile have decreased by $-538k (-2.39%) from $22.5M to $22M, while imports increased by $585k (138%) from $423k to $1.01M.

Trade In August 2024, the top exports of Chile to Vietnam were Non-fillet Frozen Fish ($10.2M), Refined Copper ($8.96M), Pitted Fruits ($3.98M), Sawn Wood ($2.6M), and Scrap Iron ($2.23M). In August 2024 the top imports of Chile from Vietnam were Hydrogen ($140k), Cinnamon ($26.1k), Spice Seeds ($26.1k), Ink ($22.2k), and Non-Knit Women's Suits ($8.17k).

Origins In August 2024 the exports of Chile were mainly from Las Condes ($5.54M), Vitacura ($2.75M), Santiago ($2.5M), Chonchi ($1.48M), and Huara ($1.41M), while imports destinations were mainly Las Condes ($439k), Temuco ($131k), Recoleta ($114k), Quilicura ($112k), and Providencia ($97.8k).

Growth In August 2024, the decrease in Chile's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in Sawn Wood ($-2.05M or -44.1%), Molybdenum Ore ($-1.73M or -56.9%), and Fish oil ($-1.22M or -52.9%). In August 2024, the increase in Chile's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-538k(-2.39%)
IMPORT GROWTH (August 2023 - August 2024)$585k(138%)
MAIN EXPORTER (August 2024)Las Condes$5.54M

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 Vietnam and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vietnam and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $416M to Vietnam. The main products exported from Chile to Vietnam were Refined Copper ($139M), Non-fillet Frozen Fish ($68.4M), and Sawn Wood ($64.6M). During the last 5 years the exports of Chile to Vietnam have increased at an annualized rate of 5.89%, from $312M in 2017 to $416M in 2022.

In 2017, Vietnam exported $1.51B to Chile. The main products exported from Vietnam to Chile were Broadcasting Equipment ($584M), Textile Footwear ($115M), and Electrical Transformers ($96.6M). During the last 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.65%, from $994M in 2022 to $1.51B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Vietnam
Top DestinationUnited States$117B

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

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

In 2022, countries that imported more from Vietnam than Chile included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Chile - Vietnam

Flow
Scale

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

During 2022, Chile had a large net trade with Vietnam in the exports of Metals ($168M), Animal Products ($74.2M), and Wood Products ($65M).

During 2017, Vietnam had a large net trade with Chile in the exports of Machines ($943M), Footwear and Headwear ($228M), and Textiles ($148M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Vietnam+$33.5MRefined Copper
Top Product Potential Vietnam Chile+$38.4MTelephones

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

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

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