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2023
Flag → Flag
Exports $266MRnk 31 / 183
2023
Flag → Flag
Top Product $55.6MFrozen Fruits and Nuts
2023
Flag → Flag
Exports $588MRnk 35 / 211
2023
Flag → Flag
Top Product $434MCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
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GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
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GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
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GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Chile-Australia Trade: In 2023, Chile exported $266M to Australia. The main products that Chile exported to Australia were Frozen Fruits and Nuts ($55.6M), Kaolin Coated Paper ($24.2M), and Zinc Ore ($19.6M). Over the past 5 years the exports of Chile to Australia have decreased at an annualized rate of 6.7%, from $376M in 2018 to $266M in 2023.

In 2009, Chile exported services to Australia worth $85.9M, with Transportation ($85.9M) being the largest in terms of value.

Australia-Chile Trade: In 2023, Australia exported $588M to Chile. The main products that Australia exported to Chile were Coal Briquettes ($434M), Cyanides ($14.9M), and Ferroalloys ($12.2M). Over the past 5 years the exports of Australia to Chile have increased at an annualized rate of 19.2%,  from $244M in 2018 to $588M in 2023.

In 2009, Australia exported services to Chile worth $150M, with Other business services ($72.8M), Travel ($51.5M), and Transportation ($23M) being the largest in terms of value.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $20.3M and imported $33M from Australia, resulting in a negative trade balance of $12.7M. Between November 2023 and November 2024 the exports of Chile have decreased by $-3.9M (-16.1%) from $24.2M to $20.3M, while imports increased by $11.9M (56.5%) from $21.1M to $33M.

Trade In November 2024, the top exports of Chile to Australia were Sulfate Chemical Woodpulp ($6.91M), Frozen Fruits and Nuts ($6.86M), Kaolin Coated Paper ($2.56M), Excavation Machinery ($1.97M), and Plywood ($1.11M). In November 2024 the top imports of Chile from Australia were Excavation Machinery ($2.16M), Valves ($583k), Surveying Equipment ($542k), High-voltage Protection Equipment ($535k), and Audio Alarms ($478k).

Origins In November 2024 the exports of Chile were mainly from Santiago ($7.61M), Vitacura ($2.77M), Romeral ($2.43M), Las Condes ($1.38M), and Coronel ($1.21M), while imports destinations were mainly Las Condes ($17.2M), Renca ($4.84M), Antofagasta ($3.42M), Vitacura ($2.1M), and Quilicura ($1.84M).

Growth In November 2024, the decrease in Chile's year-by-year exports to Australia was explained primarily by an decrease in product exports in Shaped Wood ($-1.04M or -62.1%), Interchangeable Tool Parts ($-427k or -97.8%), and Wine ($-308k or -97.7%). In November 2024, the increase in Chile's year-by-year imports  from Australia was explained primarily by an increase in product imports  in Excavation Machinery ($1.78M or 471%), Valves ($543k or 1.38k%), and High-voltage Protection Equipment ($527k or 7.23k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-3.9M(-16.1%)
IMPORT GROWTH (November 2023 - November 2024)$11.9M(56.5%)
MAIN EXPORTER (November 2024)Santiago$7.61M

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 Australia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $266M to Australia. The main products exported from Chile to Australia were Frozen Fruits and Nuts ($55.6M), Kaolin Coated Paper ($24.2M), and Zinc Ore ($19.6M). During the last 5 years the exports of Chile to Australia have decreased at an annualized rate of 6.7%, from $376M in 2018 to $266M in 2023.

In 2018, Australia exported $588M to Chile. The main products exported from Australia to Chile were Coal Briquettes ($434M), Cyanides ($14.9M), and Ferroalloys ($12.2M). During the last 5 years the exports of Australia to Chile have increased at an annualized rate of 19.2%, from $244M in 2023 to $588M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Chile than Australia included United States ($15.7B), Brazil ($4.4B), and Bolivia ($1.36B).

In 2023, countries that imported more from Australia than Chile included China ($137B), Japan ($59B), and India ($19.9B).

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

Comparative Advantage Chile - Australia

Flow
Scale

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

During 2023, Chile had a large net trade with Australia in the exports of Vegetable Products ($73.1M), Paper Goods ($42M), and Chemical Products ($29.4M).

During 2018, Australia had a large net trade with Chile in the exports of Mineral Products ($444M), Machines ($61.4M), and Chemical Products ($30.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Australia+$4.83MSawn Wood
Top Product Potential Australia Chile+$65.7MPetroleum Gas

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

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

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