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2023
Flag → Flag
Exports $229MRnk 32 / 183
2023
Flag → Flag
Top Product $68.3MMalt Extract
2023
Flag → Flag
Exports $85.7MRnk 117 / 216
2023
Flag → Flag
Top Product $12.4MPerfumes
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Chile-United Arab Emirates Trade: In 2023, Chile exported $229M to United Arab Emirates. The main products that Chile exported to United Arab Emirates were Malt Extract ($68.3M), Nitrites and Nitrates ($37.6M), and Nitrogenous Fertilizers ($26.5M). Over the past 5 years the exports of Chile to United Arab Emirates have increased at an annualized rate of 6.26%, from $169M in 2018 to $229M in 2023.

In 2023, Chile did not export any services to United Arab Emirates.

United Arab Emirates-Chile Trade: In 2023, United Arab Emirates exported $85.7M to Chile. The main products that United Arab Emirates exported to Chile were Perfumes ($12.4M), Delivery Trucks ($8.53M), and Raw Sugar ($8.46M). Over the past 5 years the exports of United Arab Emirates to Chile have increased at an annualized rate of 1.54%,  from $79.4M in 2018 to $85.7M in 2023.

In 2023, United Arab Emirates did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $8.24M and imported $6.63M from United Arab Emirates, resulting in a positive trade balance of $1.62M. Between November 2023 and November 2024 the exports of Chile have decreased by $-248k (-2.92%) from $8.49M to $8.24M, while imports decreased by $-5.72M (-46.3%) from $12.3M to $6.63M.

Trade In November 2024, the top exports of Chile to United Arab Emirates were Malt Extract ($3.05M), Sawn Wood ($2.79M), Refined Copper ($1.7M), Other Nuts ($978k), and Wine ($720k). In November 2024 the top imports of Chile from United Arab Emirates were Knit T-shirts ($359k), Refined Petroleum ($291k), Knit Sweaters ($107k), Blank Audio Media ($73.4k), and Hair Products ($52.6k).

Origins In November 2024 the exports of Chile were mainly from N/A, while imports destinations were mainly Las Condes ($4.06M), Macul ($798k), Providencia ($718k), Recoleta ($284k), and Concepción ($234k).

Growth In November 2024, the decrease in Chile's year-by-year exports to United Arab Emirates was explained primarily by an decrease in product exports in Telephones ($-492k or -46.9%), Prepared Cereals ($-18.1k or -36.9%), and Forage Crops ($-2.15k or -11.5%). In November 2024, the decrease in Chile's year-by-year imports  from United Arab Emirates was explained primarily by an decrease in product imports  in Knit T-shirts ($-2.07M or -85.2%), Knit Sweaters ($-269k or -71.5%), and Packaged Medicaments ($-47.3k or -89.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-248k(-2.92%)
IMPORT GROWTH (November 2023 - November 2024)$-5.72M(-46.3%)

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

To check United Arab Emirates and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $229M to United Arab Emirates. The main products exported from Chile to United Arab Emirates were Malt Extract ($68.3M), Nitrites and Nitrates ($37.6M), and Nitrogenous Fertilizers ($26.5M). During the last 5 years the exports of Chile to United Arab Emirates have increased at an annualized rate of 6.26%, from $169M in 2018 to $229M in 2023.

In 2018, United Arab Emirates exported $85.7M to Chile. The main products exported from United Arab Emirates to Chile were Perfumes ($12.4M), Delivery Trucks ($8.53M), and Raw Sugar ($8.46M). During the last 5 years the exports of United Arab Emirates to Chile have increased at an annualized rate of 1.54%, from $79.4M in 2023 to $85.7M in 2018.

Exports from Chile (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Chile than United Arab Emirates included United States ($15.7B), South Korea ($6.02B), and Brazil ($4.4B).

In 2023, countries that imported more from United Arab Emirates than Chile included India ($38.2B), Japan ($37.4B), and Iraq ($22.6B).

Difference in imports from United Arab Emirates (Flag) and Chile (Flag) (2023)

Comparative Advantage Chile - United Arab Emirates

Flow
Scale

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

During 2023, Chile had a large net trade with United Arab Emirates in the exports of Foodstuffs ($75.3M), Chemical Products ($73.5M), and Vegetable Products ($24.5M).

During 2018, United Arab Emirates had a large net trade with Chile in the exports of Transportation ($17.2M), Machines ($14.9M), and Chemical Products ($14.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile United Arab Emirates+$19.5MRefined Copper
Top Product Potential United Arab Emirates Chile+$12MTelephones

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

Product Space of Chile (Flag) and United Arab Emirates (Flag) (2023)

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