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2023
Flag → Flag
Exports $594MRnk 45 / 216
2023
Flag → Flag
Top Product $157MDelivery Trucks
2023
Flag → Flag
Exports $692MRnk 22 / 183
2023
Flag → Flag
Top Product $362MRefined Copper
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Thailand-Chile Trade: In 2023, Thailand exported $594M to Chile. The main products that Thailand exported to Chile were Delivery Trucks ($157M), Processed Fish ($58M), and Cars ($49.6M). Over the past 5 years the exports of Thailand to Chile have decreased at an annualized rate of 10.1%, from $1.01B in 2018 to $594M in 2023.

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

Chile-Thailand Trade: In 2023, Chile exported $692M to Thailand. The main products that Chile exported to Thailand were Refined Copper ($362M), Non-fillet Frozen Fish ($88.8M), and Dissolving Grades Chemical Woodpulp ($53.7M). Over the past 5 years the exports of Chile to Thailand have increased at an annualized rate of 3.51%,  from $442M in 2018 to $692M in 2023.

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

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $594M to Chile. The main products exported from Thailand to Chile were Delivery Trucks ($157M), Processed Fish ($58M), and Cars ($49.6M). During the last 5 years the exports of Thailand to Chile have decreased at an annualized rate of 10.1%, from $1.01B in 2018 to $594M in 2023.

In 2018, Chile exported $692M to Thailand. The main products exported from Chile to Thailand were Refined Copper ($362M), Non-fillet Frozen Fish ($88.8M), and Dissolving Grades Chemical Woodpulp ($53.7M). During the last 5 years the exports of Chile to Thailand have increased at an annualized rate of 3.51%, from $442M in 2023 to $692M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Chile (Flag)

Thailand Exports

Chile Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Chile
Top DestinationChina$38.2B

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 2023, countries that imported more from Thailand than Chile included United States ($58.5B), Japan ($24.9B), and Australia ($13.5B).

In 2023, countries that imported more from Chile than Thailand included Brazil ($4.4B), Bolivia ($1.36B), and Peru ($1.45B).

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

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 2023, Thailand had a large net trade with Chile in the exports of Transportation ($224M), Machines ($161M), and Foodstuffs ($77.6M).

During 2018, Chile had a large net trade with Thailand in the exports of Metals ($381M), Animal Products ($99.6M), and Paper Goods ($81.4M).

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) (2023)

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