2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
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 GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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GDP PC 
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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2022
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GDP PC
$8,918CURRENT US$
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2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
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About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $4.55B in 2022.

In 2017, 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 2022 to $9.17B in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Brazil
Top Destination
China$90.1B

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

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

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

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

Comparative Advantage Chile - Brazil

Flow
Scale

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

During 2022, Chile had a large net trade with Brazil in the exports of Metals ($1.81B), Animal Products ($833M), and Chemical Products ($761M).

During 2017, Brazil had a large net trade with Chile in the exports of Mineral Products ($3.3B), Transportation ($1.79B), and Animal Products ($839M).

Potential Exports

Potential Exports

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

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

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

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