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2023
Flag → Flag
Exports $130MRnk 47 / 183
2023
Flag → Flag
Top Product $33.4MNitrites and Nitrates
2023
Flag → Flag
Exports $83.7MRnk 77 / 211
2023
Flag → Flag
Top Product $7.68MFruit Juice
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Chile-South Africa Trade: In 2023, Chile exported $130M to South Africa. The main products that Chile exported to South Africa were Nitrites and Nitrates ($33.4M), Potassic Fertilizers ($25.7M), and Electric Generating Sets ($14.3M). Over the past 5 years the exports of Chile to South Africa have decreased at an annualized rate of 7.36%, from $191M in 2018 to $130M in 2023.

In 2023, Chile did not export any services to South Africa.

South Africa-Chile Trade: In 2023, South Africa exported $83.7M to Chile. The main products that South Africa exported to Chile were Fruit Juice ($7.68M), Stone Processing Machines ($4.73M), and Delivery Trucks ($4.17M). Over the past 5 years the exports of South Africa to Chile have decreased at an annualized rate of 2.9%,  from $97M in 2018 to $83.7M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Latest Trends

December, 2024

About

Overview In December 2024, Chile exported $1.9M and imported $3.12M from South Africa, resulting in a negative trade balance of $1.22M. Between December 2023 and December 2024 the exports of Chile have increased by $76k (4.17%) from $1.82M to $1.9M, while imports decreased by $-506k (-13.9%) from $3.63M to $3.12M.

Trade In December 2024, the top exports of Chile to South Africa were Potassic Fertilizers ($8.76M), Nitrites and Nitrates ($2.64M), Mixed Mineral or Chemical Fertilizers ($1.1M), Kaolin Coated Paper ($686k), and Excavation Machinery ($607k). In December 2024 the top imports of Chile from South Africa were Iron Structures ($1.46M), Scales ($396k), Detonating Fuses ($238k), Engine Parts ($213k), and Centrifuges ($168k).

Origins In December 2024 the exports of Chile were mainly from Santiago ($361k), Providencia ($292k), Colina ($281k), Lo Barnechea ($274k), and Linares ($169k), while imports destinations were mainly Antofagasta ($1.01M), Las Condes ($559k), Providencia ($408k), Quilicura ($351k), and Lampa ($308k).

Growth In December 2024, the increase in Chile's year-by-year exports to South Africa was explained primarily by an increase in product exports in Kaolin Coated Paper ($458k or 201%) and Commodities not elsewhere specified ($189k or 174%). In December 2024, the decrease in Chile's year-by-year imports  from South Africa was explained primarily by an decrease in product imports  in Transmissions ($-745k or -89.2%), Other Plastic Products ($-376k or -98.5%), and Valves ($-130k or -84.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$76k(4.17%)
IMPORT GROWTH (December 2023 - December 2024)$-506k(-13.9%)
MAIN EXPORTER (December 2024)Santiago$361k

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 South Africa and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $130M to South Africa. The main products exported from Chile to South Africa were Nitrites and Nitrates ($33.4M), Potassic Fertilizers ($25.7M), and Electric Generating Sets ($14.3M). During the last 5 years the exports of Chile to South Africa have decreased at an annualized rate of 7.36%, from $191M in 2018 to $130M in 2023.

In 2018, South Africa exported $83.7M to Chile. The main products exported from South Africa to Chile were Fruit Juice ($7.68M), Stone Processing Machines ($4.73M), and Delivery Trucks ($4.17M). During the last 5 years the exports of South Africa to Chile have decreased at an annualized rate of 2.9%, from $97M in 2023 to $83.7M in 2018.

Exports from Chile (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Chile than South Africa included China ($38.2B), South Korea ($6.02B), and Brazil ($4.4B).

In 2023, countries that imported more from South Africa than Chile included Germany ($10.8B), India ($10.8B), and United Kingdom ($9.01B).

Difference in imports from South Africa (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - South Africa

Flow
Scale

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

During 2023, Chile had a large net trade with South Africa in the exports of Chemical Products ($74.7M), Machines ($22.7M), and Vegetable Products ($11.6M).

During 2018, South Africa had a large net trade with Chile in the exports of Machines ($33.2M), Chemical Products ($12.3M), and Foodstuffs ($11.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile South Africa+$2.41MNitrogenous Fertilizers
Top Product Potential South Africa Chile+$8.87MDelivery Trucks

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

Product Space of Chile (Flag) and South Africa (Flag) (2023)

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