Mexico (MEX) and Chile (CHL) Trade | OEC - The Observatory of Economic Complexity

About

Mexico-Chile In 2021, Mexico exported $2.05B to Chile. The main products that Mexico exported to Chile are Video Displays ($340M), Cars ($162M), and Delivery Trucks ($123M). During the last 26 years the exports of Mexico to Chile have increased at an annualized rate of 4.54%, from $646M in 1995 to $2.05B in 2021.

In 2021, Mexico did not export any services to Chile.

Chile-Mexico In 2021, Chile exported $1.39B to Mexico. The main products that Chile exported to Mexico were Fish Fillets ($126M), Refined Copper ($124M), and Sawn Wood ($95.9M). During the last 26 years the exports of Chile to Mexico have increased at an annualized rate of 9.35%, from $136M in 1995 to $1.39B in 2021.

In 2009, Chile exported services to Mexico worth $130M, with Transportation ($68.2M), Travel ($31.8M), and Computer and information services ($17.6M) being the largest in terms of value.

Comparison In 2021, Mexico ranked 23 in the Economic Complexity Index (ECI 1.09), and 12 in total exports ($474B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.22), and 39 in total exports ($96.1B).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Mexico exported $2.05B to Chile. The main products exported from Mexico to Chile were Video Displays ($340M), Cars ($162M), and Delivery Trucks ($123M). During the last 26 years the exports of Mexico to Chile have increased at an annualized rate of 4.54%, from $646M in 1995 to $2.05B in 2021.

In 2021, Chile exported $1.39B to Mexico. The main products exported from Chile to Mexico were Fish Fillets ($126M), Refined Copper ($124M), and Sawn Wood ($95.9M). During the last 26 years the exports of Chile to Mexico have increased at an annualized rate of 9.35%, from $136M in 1995 to $1.39B in 2021.

Latest Data

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Mexico Exports

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Date

Chile Exports

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Date

Market Competitiveness

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Color

SectionYear

Mexico
Top Destination: United States, $361B

Chile
Top Destination: China, $36.6B

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

In 2021, countries that imported more from Mexico than Chile were United States ($361B), Canada ($17.4B), and Germany ($7.63B).

In 2021, countries that imported more from Chile than Mexico were China ($36.6B), Japan ($7.25B), and Bolivia ($886M).

Comparative Advantage Mexico - Chile

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Flow

Scale

Year

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

During 2021, Mexico had a large net trade with Chile in the exports of Machines ($633M), Transportation ($370M), and Chemical Products ($349M).

During 2021, Chile had a large net trade with Mexico in the exports of Animal Products ($266M), Wood Products ($202M), and Metals ($193M).

Service Trade

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Bilateral Service Trade

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Chl Year

In 2009, Chile exported services to Mexico worth $130M, with Transportation ($68.2M), Travel ($31.8M), and Computer and information services ($17.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

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 Mexico has comparative advantage over Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Latest Data

Mexico Exports

Chile Exports

Market Competitiveness

Comparative Advantage Mexico - Chile

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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