Flag United States / Chile Flag

Exports Flag β†’ Flag  (2018): $13.8B, Rnk 22 / 215

Top Product Flag β†’ Flag (2018): $3.86B, Refined Petroleum

Exports Flag β†’ Flag (2018): $10.6B, Rnk 2 / 180

Top Product Flag β†’ Flag (2018): $2.91B, Refined Copper

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI -0.12, Rnk 74 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $298B, CURRENT US$
Rnk 40 / 196

GDP GROWTH Flag (2008-2018): 66%, CURRENT US$
Rnk 60 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $15,923, CURRENT US$
Rnk 59 / 196

GDP PC GROWTH Flag (2008-2018): 48.1%, CURRENT US$
Rnk 48 / 196

United States-Chile: In 2018, United States exported $13.8B to Chile. The main products exported from United States to Chile were Refined Petroleum ($3.86B), Petroleum Gas ($677M), and Cars ($437M). During the last 23 years the exports of United States to Chile have increased at an annualized rate of 5.62%, from $3.91B in 1995 to $13.8B in 2018. In 2011, United States exported services to Chile worth $2.05B, with Transportation ($705M), Travel ($702M), and Royalties and license fees ($414M) being the largest in terms of value.

Chile-United States: In 2018, Chile exported $10.6B to United States. The main products exported from Chile to United States were Refined Copper ($2.91B), Fish Fillets ($1.71B), and Grapes ($570M). During the last 23 years the exports of Chile to United States have increased at an annualized rate of 7.15%, from $2.16B in 1995 to $10.6B in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.12), and 43 in total exports ($76.7B). In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Chile was ranked 59 with a GDP Per Capita of $15,923.

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $13.8B to Chile. The main products exported from United States to Chile were Refined Petroleum ($3.86B), Petroleum Gas ($677M), and Cars ($437M). During the last 23 years the exports of United States to Chile have increased at an annualized rate of 5.62%, from $3.91B in 1995 to $13.8B in 2018.

In 2018, Chile exported $10.6B to United States. The main products exported from Chile to United States were Refined Copper ($2.91B), Fish Fillets ($1.71B), and Grapes ($570M). During the last 23 years the exports of Chile to United States have increased at an annualized rate of 7.15%, from $2.16B in 1995 to $10.6B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

Chile
Top Destination
: China, $25.3B

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

In 2018, countries that imported more from United States than Chile were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Chile than United States were Bolivia ($1.13B), French South Antarctic Territory ($2.23M), and Northern Mariana Islands ($423k).

Comparative Advantage United States - Chile

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Depth

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

During 2018, United States had a large net trade with Chile in the exports of Mineral Products ($4.99B), Machines ($2.92B), and Chemical Products ($1.6B).

During 2018, Chile had a large net trade with United States in the exports of Metals ($3.15B), Animal Products ($2.08B), and Vegetable Products ($1.96B).

Tariff Section

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This sections shows import tariffs for products traded between United States and Chile (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Chile were Cheese, grated or powdered, of all kinds (17%) and Cheese processed, not grated or powdered (17%).

In 2018, the products from Chile that paid the highest import tariffs to enter United States were Birds: live, ostriches: emus (Dromaius novaehollandiae) (6%) and Animal feed preparations nes (6%).

Explore Tariff Data

*The tariffs present between United States and Chile are:
111: Chile - United States Free Trade Agreement (2004)
111: Chile - United States Free Trade Agreement (2004)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between United States and Chile. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2011, United States exported services to Chile worth $2.05B, with Transportation ($705M), Travel ($702M), and Royalties and license fees ($414M) 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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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Chile. Similarly, the more red a dot/product is, the more Chile has comparative advantage over United States.