2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

United Kingdom-Chile In 2022, United Kingdom exported $573M to Chile. The main products that United Kingdom exported to Chile are Hard Liquor ($63.6M), Packaged Medicaments ($45.1M), and Cars ($39.3M). During the last 27 years the exports of United Kingdom to Chile have increased at an annualized rate of 2.76%, from $274M in 1995 to $573M in 2022.

In 2019, United Kingdom exported services to Chile worth $12.8M, with Computer and information services ($6.38M), Personal, cultural, and recreational services ($5.15M), and Construction services ($1.23M) being the largest in terms of value.

Chile-United Kingdom In 2022, Chile exported $806M to United Kingdom. The main products that Chile exported to United Kingdom were Wine ($206M), Carbonates ($114M), and Petroleum Gas ($109M). During the last 27 years the exports of Chile to United Kingdom have decreased at an annualized rate of 1.04%, from $1.07B in 1995 to $806M in 2022.

In 2009, Chile exported services to United Kingdom worth $85.5M, with Travel ($46.6M), Transportation ($32.3M), and Other business services ($6.61M) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $573M to Chile. The main products exported from United Kingdom to Chile were Hard Liquor ($63.6M), Packaged Medicaments ($45.1M), and Cars ($39.3M). During the last 27 years the exports of United Kingdom to Chile have increased at an annualized rate of 2.76%, from $274M in 1995 to $573M in 2022.

In 2022, Chile exported $806M to United Kingdom. The main products exported from Chile to United Kingdom were Wine ($206M), Carbonates ($114M), and Petroleum Gas ($109M). During the last 27 years the exports of Chile to United Kingdom have decreased at an annualized rate of 1.04%, from $1.07B in 1995 to $806M in 2022.

Exports from United Kingdom (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Chile
Top Destination
China$38.5B

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

In 2021, countries that imported more from United Kingdom than Chile were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Chile than United Kingdom were China ($38.5B), Peru ($1.84B), and Brazil ($4.55B).

Difference in imports from Chile (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Chile

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Chile in the exports of Machines ($141M), Chemical Products ($116M), and Foodstuffs ($99.8M).

During 2022, Chile had a large net trade with United Kingdom in the exports of Foodstuffs ($224M), Vegetable Products ($212M), and Mineral Products ($141M).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Chile worth $12.8M, with Computer and information services ($6.38M), Personal, cultural, and recreational services ($5.15M), and Construction services ($1.23M) being the largest in terms of value.

In 2009, Chile exported services to United Kingdom worth $85.5M, with Travel ($46.6M), Transportation ($32.3M), and Other business services ($6.61M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Chile (Flag) (2019)

Services Exports from Chile (Flag) to United Kingdom (Flag) (2009)

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Chile (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with