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2022
Flag → Flag
Exports $9.17BRnk 6 / 223
2022
Flag → Flag
Top Product $3.19BCrude Petroleum
2022
Flag → Flag
Exports $4.55BRnk 5 / 185
2022
Flag → Flag
Top Product $1.56BRefined Copper
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 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

Brazil-Chile Trade: In 2022, Brazil exported $9.17B to Chile. The main products that Brazil exported to Chile were Crude Petroleum ($3.19B), Cars ($545M), and Delivery Trucks ($438M). Over the past 5 years the exports of Brazil to Chile have increased at an annualized rate of 12.3%, from $5.14B in 2017 to $9.17B in 2022.

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

Chile-Brazil Trade: In 2022, Chile exported $4.55B to Brazil. The main products that Chile exported to Brazil were Refined Copper ($1.56B), Non-fillet Fresh Fish ($744M), and Acyclic Alcohols ($323M). Over the past 5 years the exports of Chile to Brazil have increased at an annualized rate of 5.73%,  from $3.44B in 2017 to $4.55B in 2022.

In 2009, Chile exported services to Brazil worth $690M, with Transportation ($472M), Travel ($205M), and Other business services ($12.9M) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $498M and imported $514M from Chile, resulting in a negative trade balance of $16.3M. Between October 2023 and October 2024 the exports of Brazil have decreased by $-373M (-42.8%) from $871M to $498M, while imports increased by $68.6M (15.4%) from $446M to $514M.

Trade In October 2024, the top exports of Brazil to Chile were Crude Petroleum ($149M), Delivery Trucks ($37.1M), Cars ($33.3M), Raw Sugar ($19.7M), and Bovine Meat ($19.2M). In October 2024 the top imports of Brazil from Chile were Refined Copper ($126M), Non-fillet Fresh Fish ($73.1M), Molybdenum Ore ($22.7M), Acyclic Alcohols ($16.2M), and Wine ($11.5M).

Origins In October 2024 the exports of Brazil were mainly from São Paulo ($171M), Paraná ($62.5M), Santa Catarina ($46.9M), Rio Grande do Sul ($42.5M), and Minas Gerais ($41.1M), while imports destinations were mainly Santa Catarina ($230M), São Paulo ($98.9M), Rio de Janeiro ($75.6M), Minas Gerais ($30.5M), and Mato Grosso do Sul ($20.9M).

Growth In October 2024, the decrease in Brazil's year-by-year exports to Chile was explained primarily by an decrease in product exports in Crude Petroleum ($-57.1M or -27.7%), Hot-Rolled Iron ($-32.5M or -100%), and Cars ($-11.1M or -25%). In October 2024, the increase in Brazil's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Non-fillet Fresh Fish ($10.1M or 16%), Molybdenum Ore ($5.39M or 31.1%), and Pure Olive Oil ($1.96M or 128%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$-373M(-42.8%)
IMPORT GROWTH (October 2023 - October 2024)$68.6M(15.4%)
MAIN EXPORTER (October 2024)São Paulo$171M

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

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

For full datasets download visit Bulk Download page.

Explore Chile and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $9.17B to Chile. The main products exported from Brazil to Chile were Crude Petroleum ($3.19B), Cars ($545M), and Delivery Trucks ($438M). During the last 5 years the exports of Brazil to Chile have increased at an annualized rate of 12.3%, from $5.14B in 2017 to $9.17B in 2022.

In 2017, Chile exported $4.55B to Brazil. The main products exported from Chile to Brazil were Refined Copper ($1.56B), Non-fillet Fresh Fish ($744M), and Acyclic Alcohols ($323M). During the last 5 years the exports of Chile to Brazil have increased at an annualized rate of 5.73%, from $3.44B in 2022 to $4.55B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Brazil than Chile included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Chile than Brazil included Japan ($7.43B), Anguilla ($131M), and Namibia ($60.7M).

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

Comparative Advantage Brazil - Chile

Flow
Scale

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

During 2022, Brazil had a large net trade with Chile in the exports of Mineral Products ($3.3B), Transportation ($1.79B), and Animal Products ($839M).

During 2017, Chile had a large net trade with Brazil in the exports of Metals ($1.81B), Animal Products ($833M), and Chemical Products ($761M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Chile+$107MRefined Petroleum
Top Product Potential Chile Brazil+$36.2MCopper Ore

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

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

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