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2023
Flag → Flag
Exports $49.1MRnk 90 / 137
2023
Flag → Flag
Top Product $20.4MNitrogenous Fertilizers
2023
Flag → Flag
Exports $461MRnk 24 / 183
2023
Flag → Flag
Top Product $305MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
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Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
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 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
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GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
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GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Russia-Chile Trade: In 2023, Russia exported $49.1M to Chile. The main products that Russia exported to Chile were Nitrogenous Fertilizers ($20.4M), Mixed Mineral or Chemical Fertilizers ($18.5M), and Sulfonated, Nitrated or Nitrosated Hydrocarbons ($2.76M). Over the past 5 years the exports of Russia to Chile have decreased at an annualized rate of 18.9%, from $140M in 2018 to $49.1M in 2023.

In 2020, Russia exported services to Chile worth $3.26M, with Other business services ($1.4M), Transportation ($862k), and Travel ($516k) being the largest in terms of value.

Chile-Russia Trade: In 2023, Chile exported $461M to Russia. The main products that Chile exported to Russia were Non-fillet Frozen Fish ($305M), Processed Crustaceans ($43.8M), and Fish Fillets ($37.8M). Over the past 5 years the exports of Chile to Russia have decreased at an annualized rate of 14.3%,  from $995M in 2018 to $461M in 2023.

In 2009, Chile exported services to Russia worth $3.69M, with Transportation ($3.69M) being the largest in terms of value.

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $7.69M and imported $56.3M from Chile, resulting in a negative trade balance of $48.6M. Between January 2021 and January 2022 the exports of Russia have increased by $3.39M (78.8%) from $4.3M to $7.69M, while imports decreased by $-3.8M (-6.32%) from $60.1M to $56.3M.

Trade In January 2022, the top exports of Russia to Chile were Particle Board ($705k), Mixed Mineral or Chemical Fertilizers ($688k), Synthetic Rubber ($408k), Sulfates ($407k), and Refined Petroleum ($381k). In January 2022 the top imports of Russia from Chile were Precipitated Copper ($18.7M), Non-fillet Frozen Fish ($18.6M), Other Fruits ($3.37M), Fish Fillets ($3.22M), and Wine ($3.1M).

Origins In January 2022 the exports of Russia were mainly from NOVGOROD REGION ($4.5M), REPUBLIC OF TATARSTAN ($780k), STAVROPOL TERRITORY ($503k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($366k), and REPUBLIC OF BURYATIA ($228k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($22.8M), ST. PETERSBURG ($16.3M), ORENBURG REGION ($6.68M), RYAZAN REGION ($3.33M), and MOSCOW REGION ($1.92M).

Growth In January 2022, the increase in Russia's year-by-year exports to Chile was explained primarily by an increase in product exports in Particle Board ($251k or 55.3%), Nitrogenous Fertilizers ($244k or 566%), and Kraft Paper ($152k or 574%). In January 2022, the decrease in Russia's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Non-fillet Frozen Fish ($-29.9M or -61.7%), Fish Fillets ($-772k or -19.3%), and Scrap Copper ($-557k or -46.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$3.39M(78.8%)
IMPORT GROWTH (January 2021 - January 2022)$-3.8M(-6.32%)
MAIN EXPORTER (January 2022)NOVGOROD REGION$4.5M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Chile and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $49.1M to Chile. The main products exported from Russia to Chile were Nitrogenous Fertilizers ($20.4M), Mixed Mineral or Chemical Fertilizers ($18.5M), and Sulfonated, Nitrated or Nitrosated Hydrocarbons ($2.76M). During the last 5 years the exports of Russia to Chile have decreased at an annualized rate of 18.9%, from $140M in 2018 to $49.1M in 2023.

In 2018, Chile exported $461M to Russia. The main products exported from Chile to Russia were Non-fillet Frozen Fish ($305M), Processed Crustaceans ($43.8M), and Fish Fillets ($37.8M). During the last 5 years the exports of Chile to Russia have decreased at an annualized rate of 14.3%, from $995M in 2023 to $461M in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Russia than Chile included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Chile than Russia included United States ($15.7B), South Korea ($6.02B), and Canada ($1.66B).

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

Comparative Advantage Russia - Chile

Flow
Scale

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

During 2023, Russia had a large net trade with Chile in the exports of Chemical Products ($42.3M), Plastics and Rubbers ($3.8M), and Vegetable Products ($855k).

During 2018, Chile had a large net trade with Russia in the exports of Animal Products ($346M), Foodstuffs ($61.5M), and Vegetable Products ($53.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Chile+$8.29MNitrogenous Fertilizers
Top Product Potential Chile Russia+$10.8MWine

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

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

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