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Pricing

2022
Flag → Flag
Exports $923MRnk 34 / 215
2022
Flag → Flag
Top Product $167MCoal Briquettes
2022
Flag → Flag
Exports $1.56BRnk 9 / 185
2022
Flag → Flag
Top Product $855MRaw Copper
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 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

Canada-Chile Trade: In 2022, Canada exported $923M to Chile. The main products that Canada exported to Chile were Coal Briquettes ($167M), Wheat ($130M), and Rapeseed Oil ($80.9M). Over the past 5 years the exports of Canada to Chile have increased at an annualized rate of 4.88%, from $727M in 2017 to $923M in 2022.

In 2020, Canada exported services to Chile worth $53.7M, with Travel ($19.4M), Transportation ($8.95M), and Financial services ($8.2M) being the largest in terms of value.

Chile-Canada Trade: In 2022, Chile exported $1.56B to Canada. The main products that Chile exported to Canada were Raw Copper ($855M), Wine ($85.1M), and Frozen Fruits and Nuts ($65.3M). Over the past 5 years the exports of Chile to Canada have increased at an annualized rate of 0.35%,  from $1.47B in 2017 to $1.56B in 2022.

In 2009, Chile exported services to Canada worth $86.6M, with Travel ($39.7M), Other business services ($25.8M), and Transportation ($21.1M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$40.8M and imported C$123M from Chile, resulting in a negative trade balance of C$82.3M. Between August 2023 and August 2024 the exports of Canada have decreased by C$-36.7M (-47.3%) from C$77.5M to C$40.8M, while imports decreased by C$-114M (-48.1%) from C$237M to C$123M.

Trade In August 2024, the top exports of Canada to Chile were Wheat (C$17.7M), Sulfur (C$8.94M), Packaged Medicaments (C$7.42M), Other Agricultural Machinery (C$3.85M), and Excavation Machinery (C$2.71M). In August 2024 the top imports of Canada from Chile were Gold (C$29M), Fish Fillets (C$27M), Silver (C$25.3M), Other Fruits (C$14.3M), and Pitted Fruits (C$14.2M).

Origins In August 2024 the exports of Canada were mainly from Ontario (C$19.9M), British Columbia (C$8.57M), Quebec (C$8M), New Brunswick (C$1.94M), and Alberta (C$1.04M), while imports destinations were mainly Ontario (C$75.3M), Quebec (C$26.2M), British Columbia (C$16.2M), Alberta (C$3.05M), and Manitoba (C$1.09M).

Growth In August 2024, the decrease in Canada's year-by-year exports to Chile was explained primarily by an decrease in product exports in Malt Extract (C$-863k or -81.2%), Tractors (C$-841k or -60.4%), and Stone Processing Machines (C$-680k or -65.7%). In August 2024, the decrease in Canada's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Rubber Tires (C$-2.15M or -75.6%), Grapes (C$-2.15M or -45.4%), and Wood Fiberboard (C$-1.19M or -58.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$-36.7M(-47.3%)
IMPORT GROWTH (August 2023 - August 2024)C$-114M(-48.1%)
MAIN EXPORTER (August 2024)OntarioC$19.9M

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

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

For full datasets download visit Bulk Download page.

Explore Chile and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $923M to Chile. The main products exported from Canada to Chile were Coal Briquettes ($167M), Wheat ($130M), and Rapeseed Oil ($80.9M). During the last 5 years the exports of Canada to Chile have increased at an annualized rate of 4.88%, from $727M in 2017 to $923M in 2022.

In 2017, Chile exported $1.56B to Canada. The main products exported from Chile to Canada were Raw Copper ($855M), Wine ($85.1M), and Frozen Fruits and Nuts ($65.3M). During the last 5 years the exports of Chile to Canada have increased at an annualized rate of 0.35%, from $1.47B in 2022 to $1.56B in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Canada than Chile included United States ($438B), United Kingdom ($12.9B), and Japan ($14.3B).

In 2022, countries that imported more from Chile than Canada included China ($38.5B), Bolivia ($1.21B), and Brazil ($4.55B).

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

Comparative Advantage Canada - Chile

Flow
Scale

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

During 2022, Canada had a large net trade with Chile in the exports of Mineral Products ($221M), Machines ($170M), and Vegetable Products ($142M).

During 2017, Chile had a large net trade with Canada in the exports of Metals ($936M), Vegetable Products ($185M), and Foodstuffs ($134M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Chile+$35.9MCars
Top Product Potential Chile Canada+$31.3MRefined 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 Canada and Chile. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Canada.

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

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