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2023
Flag → Flag
Exports $105MRnk 49 / 150
2023
Flag → Flag
Top Product $15MAudio Alarms
2023
Flag → Flag
Exports $152MRnk 41 / 183
2023
Flag → Flag
Top Product $101MFish Fillets
2023
Flag
Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
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GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Israel-Chile Trade: In 2023, Israel exported $105M to Chile. The main products that Israel exported to Chile were Audio Alarms ($15M), Pesticides ($9.68M), and Medical Instruments ($5.22M). Over the past 5 years the exports of Israel to Chile have decreased at an annualized rate of 4.16%, from $130M in 2018 to $105M in 2023.

In 2012, Israel exported services to Chile worth $4.53M, with Computer and information services ($4.53M) being the largest in terms of value.

Chile-Israel Trade: In 2023, Chile exported $152M to Israel. The main products that Chile exported to Israel were Fish Fillets ($101M), Sulfate Chemical Woodpulp ($20.1M), and Nitrites and Nitrates ($5.6M). Over the past 5 years the exports of Chile to Israel have decreased at an annualized rate of 3.39%,  from $180M in 2018 to $152M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Israel exported $105M to Chile. The main products exported from Israel to Chile were Audio Alarms ($15M), Pesticides ($9.68M), and Medical Instruments ($5.22M). During the last 5 years the exports of Israel to Chile have decreased at an annualized rate of 4.16%, from $130M in 2018 to $105M in 2023.

In 2018, Chile exported $152M to Israel. The main products exported from Chile to Israel were Fish Fillets ($101M), Sulfate Chemical Woodpulp ($20.1M), and Nitrites and Nitrates ($5.6M). During the last 5 years the exports of Chile to Israel have decreased at an annualized rate of 3.39%, from $180M in 2023 to $152M in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Chile (Flag)

Israel Exports

Chile Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Israel than Chile included United States ($20.3B), Ireland ($4.22B), and Egypt ($2.23B).

In 2023, countries that imported more from Chile than Israel included China ($38.2B), Japan ($7.1B), and South Korea ($6.02B).

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

Comparative Advantage Israel - Chile

Flow
Scale

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

During 2023, Israel had a large net trade with Chile in the exports of Machines ($46.1M), Chemical Products ($20.5M), and Instruments ($14.3M).

During 2018, Chile had a large net trade with Israel in the exports of Animal Products ($106M), Paper Goods ($20.2M), and Vegetable Products ($12.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Chile+$6.34MTelephones
Top Product Potential Chile Israel+$1.55MNon-fillet Frozen Fish

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

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

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