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2023
Flag → Flag
Exports $1.14BRnk 33 / 142
2023
Flag → Flag
Top Product $378MBroadcasting Equipment
2023
Flag → Flag
Exports $321MRnk 29 / 183
2023
Flag → Flag
Top Product $93.4MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Vietnam-Chile Trade: In 2023, Vietnam exported $1.14B to Chile. The main products that Vietnam exported to Chile were Broadcasting Equipment ($378M), Textile Footwear ($89.2M), and Leather Footwear ($74.2M). Over the past 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.77%, from $751M in 2018 to $1.14B in 2023.

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

Chile-Vietnam Trade: In 2023, Chile exported $321M to Vietnam. The main products that Chile exported to Vietnam were Non-fillet Frozen Fish ($93.4M), Sawn Wood ($59M), and Refined Copper ($46.9M). Over the past 5 years the exports of Chile to Vietnam have increased at an annualized rate of 0.58%,  from $312M in 2018 to $321M in 2023.

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

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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, Vietnam exported $1.14B to Chile. The main products exported from Vietnam to Chile were Broadcasting Equipment ($378M), Textile Footwear ($89.2M), and Leather Footwear ($74.2M). During the last 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.77%, from $751M in 2018 to $1.14B in 2023.

In 2018, Chile exported $321M to Vietnam. The main products exported from Chile to Vietnam were Non-fillet Frozen Fish ($93.4M), Sawn Wood ($59M), and Refined Copper ($46.9M). During the last 5 years the exports of Chile to Vietnam have increased at an annualized rate of 0.58%, from $312M in 2023 to $321M in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Vietnam than Chile included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Chile than Vietnam included South Korea ($6.02B), Bolivia ($1.36B), and Brazil ($4.4B).

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

Comparative Advantage Vietnam - Chile

Flow
Scale

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

During 2023, Vietnam had a large net trade with Chile in the exports of Machines ($644M), Footwear and Headwear ($207M), and Textiles ($118M).

During 2018, Chile had a large net trade with Vietnam in the exports of Animal Products ($100M), Metals ($69.6M), and Wood Products ($61.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Chile+$38.4MTelephones
Top Product Potential Chile Vietnam+$33.5MRefined Copper

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

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

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