NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $541MRnk 59 / 220
2023
Flag → Flag
Top Product $107MOther Frozen Vegetables
2023
Flag → Flag
Exports $723MRnk 19 / 183
2023
Flag → Flag
Top Product $396MHalogens
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Belgium-Chile Trade: In 2023, Belgium exported $541M to Chile. The main products that Belgium exported to Chile were Other Frozen Vegetables ($107M), Vaccines, blood, antisera, toxins and cultures ($35.4M), and Sulfuric Acid ($35M). Over the past 5 years the exports of Belgium to Chile have increased at an annualized rate of 3.67%, from $452M in 2018 to $541M in 2023.

In 2020, Belgium exported services to Chile worth $92.5M, with Transportation ($35.4M), Other business services ($33.1M), and Computer and information services ($11.4M) being the largest in terms of value.

Chile-Belgium Trade: In 2023, Chile exported $723M to Belgium. The main products that Chile exported to Belgium were Halogens ($396M), Molybdenum Ore ($85.8M), and Carbonates ($66.1M). Over the past 5 years the exports of Chile to Belgium have increased at an annualized rate of 3.72%,  from $602M in 2018 to $723M in 2023.

In 2009, Chile exported services to Belgium worth $4.82M, with Transportation ($4.82M) being the largest in terms of value.

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Latest Trends

November, 2024

About

Overview In November 2024, Belgium exported €38.8M and imported €18.3M from Chile, resulting in a positive trade balance of €20.4M. Between November 2023 and November 2024 the exports of Belgium have decreased by €-2.25M (-5.49%) from €41M to €38.8M, while imports decreased by €-817k (-4.27%) from €19.2M to €18.3M.

Trade In November 2024, the top exports of Belgium to Chile were Pharmaceutical products (€8.87M), Machinery, mechanical appliances, & parts (€7.21M), Preparations of vegetables, fruit, nuts or... (€6.22M), Electrical machinery and electronics (€5.02M), and Cars, tractors, trucks & parts thereof. (€2.88M). In November 2024 the top imports of Belgium from Chile were Inorganic chemicals (€13.8M), Edible vegetables, roots, & tubers (€1.29M), Edible fruits, nuts & fruit peels (€1.22M), Fish, Crustaceans & Molluscs (€951k), and Beverages, spirits, & vinegar (€639k).

Growth In November 2024, the decrease in Belgium's year-by-year exports to Chile was explained primarily by an decrease in product exports in Pharmaceutical products (€-7.9M or -47.1%), Beverages, spirits, & vinegar (€-1.55M or -97.1%), and Unclassified (€-1.18M or -68.4%). In November 2024, the decrease in Belgium's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Edible fruits, nuts & fruit peels (€-1.02M or -45.5%), Inorganic chemicals (€-961k or -6.5%), and Wood, wood articles, & charcoal (€-911k or -77.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-2.25M(-5.49%)
IMPORT GROWTH (November 2023 - November 2024)€-817k(-4.27%)

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

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

For full datasets download visit Bulk Download page.

Explore Chile and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $541M to Chile. The main products exported from Belgium to Chile were Other Frozen Vegetables ($107M), Vaccines, blood, antisera, toxins and cultures ($35.4M), and Sulfuric Acid ($35M). During the last 5 years the exports of Belgium to Chile have increased at an annualized rate of 3.67%, from $452M in 2018 to $541M in 2023.

In 2018, Chile exported $723M to Belgium. The main products exported from Chile to Belgium were Halogens ($396M), Molybdenum Ore ($85.8M), and Carbonates ($66.1M). During the last 5 years the exports of Chile to Belgium have increased at an annualized rate of 3.72%, from $602M in 2023 to $723M in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Belgium than Chile included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Chile than Belgium included China ($38.2B), South Korea ($6.02B), and Japan ($7.1B).

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

Comparative Advantage Belgium - Chile

Flow
Scale

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

During 2023, Belgium had a large net trade with Chile in the exports of Chemical Products ($151M), Foodstuffs ($145M), and Machines ($63.6M).

During 2018, Chile had a large net trade with Belgium in the exports of Chemical Products ($498M), Mineral Products ($87M), and Animal and Vegetable Bi-Products ($44.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Chile+$30MCars
Top Product Potential Chile Belgium+$8.38MWine

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Chile. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Belgium.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms