2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 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

Thailand-Chile Trade: In 2022, Thailand exported $737M to Chile. The main products that Thailand exported to Chile were Delivery Trucks ($265M), Cars ($70.2M), and Office Machine Parts ($45.2M). Over the past 5 years the exports of Thailand to Chile have decreased at an annualized rate of 4.56%, from $931M in 2017 to $737M in 2022.

In 2022, Thailand did not export any services to Chile.

Chile-Thailand Trade: In 2022, Chile exported $675M to Thailand. The main products that Chile exported to Thailand were Refined Copper ($391M), Non-fillet Frozen Fish ($106M), and Sulfate Chemical Woodpulp ($34.2M). Over the past 5 years the exports of Chile to Thailand have increased at an annualized rate of 13.3%,  from $361M in 2017 to $675M in 2022.

In 2022, Chile did not export any services to Thailand.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $737M to Chile. The main products exported from Thailand to Chile were Delivery Trucks ($265M), Cars ($70.2M), and Office Machine Parts ($45.2M). During the last 5 years the exports of Thailand to Chile have decreased at an annualized rate of 4.56%, from $931M in 2017 to $737M in 2022.

In 2017, Chile exported $675M to Thailand. The main products exported from Chile to Thailand were Refined Copper ($391M), Non-fillet Frozen Fish ($106M), and Sulfate Chemical Woodpulp ($34.2M). During the last 5 years the exports of Chile to Thailand have increased at an annualized rate of 13.3%, from $361M in 2022 to $675M in 2017.

Exports from Thailand (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Chile (Flag)

Thailand Exports

Chile Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Thailand than Chile included United States ($53.4B), Japan ($24.6B), and Vietnam ($13.4B).

In 2022, countries that imported more from Chile than Thailand included China ($38.5B), Brazil ($4.55B), and Peru ($1.84B).

Difference in imports from Chile (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Chile

Flow
Scale

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

During 2022, Thailand had a large net trade with Chile in the exports of Transportation ($361M), Machines ($170M), and Foodstuffs ($64.5M).

During 2017, Chile had a large net trade with Thailand in the exports of Metals ($400M), Animal Products ($116M), and Paper Goods ($74.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Chile+$43.3MCars
Top Product Potential Chile Thailand+$6.63MFish Fillets

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

Product Space of Thailand (Flag) and Chile (Flag) (2022)

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