Flag Germany / Chile Flag

Exports Flag β†’ Flag  (2018): $3.22B, Rnk 51 / 216

Top Product Flag β†’ Flag (2018): $382M, Planes, Helicopters, and/or Spacecraft

Exports Flag β†’ Flag (2018): $1.08B, Rnk 15 / 180

Top Product Flag β†’ Flag (2018): $339M, Copper Ore

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI -0.12, Rnk 74 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $298B, CURRENT US$
Rnk 40 / 196

GDP GROWTH Flag (2008-2018): 66%, CURRENT US$
Rnk 60 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $15,923, CURRENT US$
Rnk 59 / 196

GDP PC GROWTH Flag (2008-2018): 48.1%, CURRENT US$
Rnk 48 / 196

Germany-Chile: In 2018, Germany exported $3.22B to Chile. The main products exported from Germany to Chile were Planes, Helicopters, and/or Spacecraft ($382M), Cars ($287M), and Delivery Trucks ($120M). During the last 23 years the exports of Germany to Chile have increased at an annualized rate of 6.24%, from $800M in 1995 to $3.22B in 2018. In 2016, Germany exported services to Chile worth $751M, with Transportation ($538M), Computer and information services ($91.8M), and Other business services ($79.7M) being the largest in terms of value.

Chile-Germany: In 2018, Chile exported $1.08B to Germany. The main products exported from Chile to Germany were Copper Ore ($339M), Other Nuts ($67.6M), and Sulfate Chemical Woodpulp ($65.5M). During the last 23 years the exports of Chile to Germany have increased at an annualized rate of 0.12%, from $1.05B in 1995 to $1.08B in 2018. In 2009, Chile exported services to Germany worth $385M, with Transportation ($311M) and Travel ($74.8M) being the largest in terms of value.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.12), and 43 in total exports ($76.7B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and Chile was ranked 59 with a GDP Per Capita of $15,923.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Germany exported $3.22B to Chile. The main products exported from Germany to Chile were Planes, Helicopters, and/or Spacecraft ($382M), Cars ($287M), and Delivery Trucks ($120M). During the last 23 years the exports of Germany to Chile have increased at an annualized rate of 6.24%, from $800M in 1995 to $3.22B in 2018.

In 2018, Chile exported $1.08B to Germany. The main products exported from Chile to Germany were Copper Ore ($339M), Other Nuts ($67.6M), and Sulfate Chemical Woodpulp ($65.5M). During the last 23 years the exports of Chile to Germany have increased at an annualized rate of 0.12%, from $1.05B in 1995 to $1.08B in 2018.

Market Competitiveness

#permalink to section
Measure

Germany
Top Destination
: United States, $132B

Chile
Top Destination
: China, $25.3B

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

In 2018, countries that imported more from Germany than Chile were United States ($132B), France ($121B), and United Kingdom ($93.4B).

In 2018, countries that imported more from Chile than Germany were Bolivia ($1.13B), Peru ($1.71B), and Paraguay ($609M).

Comparative Advantage Germany - Chile

#permalink to section
Depth

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

During 2018, Germany had a large net trade with Chile in the exports of Machines ($987M), Transportation ($972M), and Chemical Products ($347M).

During 2018, Chile had a large net trade with Germany in the exports of Mineral Products ($371M), Vegetable Products ($196M), and Animal Products ($121M).

Tariff Section

#permalink to section

This sections shows import tariffs for products traded between Germany and Chile (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Chile were Whey (173%) and Meat and edible meat offal: salted, in brine, dried or smoked: edible flours, meals of meat or meat offal, of whales, dolphins, porpoises (of order Cetacea): manatees, dugongs (of order Sirenia): seals, sea lions, and walruses (of suborder Pinnipedia) (141%).

In 2018, the products from Chile that paid the highest import tariffs to enter Germany were Birds: live, ostriches: emus (Dromaius novaehollandiae) (6%) and Fish: fresh or chilled, hake (Merluccius spp., Urophycis spp.), excluding fillets, livers, roes, and other fish meat of heading 0304 (6%).

Explore Tariff Data

*The tariffs present between Germany and Chile are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
182: Preferential tariff for Chile

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Germany and Chile. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

#permalink to section

In 2016, Germany exported services to Chile worth $751M, with Transportation ($538M), Computer and information services ($91.8M), and Other business services ($79.7M) being the largest in terms of value.

In 2009, Chile exported services to Germany worth $385M, with Transportation ($311M) and Travel ($74.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Chile. Similarly, the more red a dot/product is, the more Chile has comparative advantage over Germany.