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Pricing

2022
Flag → Flag
Exports $6.64MRnk 96 / 185
2022
Flag → Flag
Top Product $2.94MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $10.8MRnk 30 / 129
2022
Flag → Flag
Top Product $9.02MMolybdenum Ore
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Chile-Armenia Trade: In 2022, Chile exported $6.64M to Armenia. The main products that Chile exported to Armenia were Non-fillet Frozen Fish ($2.94M), Other Nuts ($1.82M), and Sowing Seeds ($305k). Over the past 5 years the exports of Chile to Armenia have increased at an annualized rate of 45.5%, from $1.02M in 2017 to $6.64M in 2022.

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

Armenia-Chile Trade: In 2022, Armenia exported $10.8M to Chile. The main products that Armenia exported to Chile were Molybdenum Ore ($9.02M), Molybdenum ($1.69M), and Other Processed Fruits and Nuts ($22.6k). Over the past 5 years the exports of Armenia to Chile have increased at an annualized rate of 369%,  from $4.77k in 2017 to $10.8M in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $214k and imported $15.9k from Armenia, resulting in a positive trade balance of $198k. Between July 2023 and July 2024 the exports of Chile have increased by $65k (43.7%) from $149k to $214k, while imports decreased by $-66.5k (-80.7%) from $82.3k to $15.9k.

Trade In July 2024, the top exports of Chile to Armenia were Wine ($128k) and Commodities not elsewhere specified ($1.34k). In July 2024 the top imports of Chile from Armenia were .

Origins In July 2024 the exports of Chile were mainly from Puerto Montt ($162k) and San Felipe ($52.1k), while imports destinations were mainly N/A.

Growth In July 2024, the increase in Chile's year-by-year exports to Armenia was explained primarily by an increase in product exports in Commodities not elsewhere specified ($1.34k or 744k%). In June 2024, the decrease in Chile's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$65k(43.7%)
IMPORT GROWTH (June 2023 - June 2024)$-66.5k(-80.7%)
MAIN EXPORTER (July 2024)Puerto Montt$162k

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 Armenia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Armenia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $6.64M to Armenia. The main products exported from Chile to Armenia were Non-fillet Frozen Fish ($2.94M), Other Nuts ($1.82M), and Sowing Seeds ($305k). During the last 5 years the exports of Chile to Armenia have increased at an annualized rate of 45.5%, from $1.02M in 2017 to $6.64M in 2022.

In 2017, Armenia exported $10.8M to Chile. The main products exported from Armenia to Chile were Molybdenum Ore ($9.02M), Molybdenum ($1.69M), and Other Processed Fruits and Nuts ($22.6k). During the last 5 years the exports of Armenia to Chile have increased at an annualized rate of 369%, from $4.77k in 2022 to $10.8M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Chile than Armenia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Armenia than Chile included Russia ($2.36B), United Arab Emirates ($535M), and Iraq ($250M).

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

Comparative Advantage Chile - Armenia

Flow
Scale

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

During 2022, Chile had a large net trade with Armenia in the exports of Animal Products ($3.22M), Vegetable Products ($2.71M), and Foodstuffs ($540k).

During 2017, Armenia had a large net trade with Chile in the exports of Mineral Products ($9.02M), Metals ($1.69M), and Foodstuffs ($23.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Armenia+$249kFish Fillets
Top Product Potential Armenia Chile+$64kOther Processed Fruits and Nuts

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

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

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