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2022
Flag → Flag
Exports $1.56BRnk 9 / 185
2022
Flag → Flag
Top Product $855MRaw Copper
2022
Flag → Flag
Exports $923MRnk 34 / 215
2022
Flag → Flag
Top Product $167MCoal Briquettes
2022
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Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
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 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
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GDP PC$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

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 1.2%, 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.

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.

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

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $51.9M and imported $83.4M from Canada, resulting in a negative trade balance of $31.5M. Between August 2023 and August 2024 the exports of Chile have decreased by $-110M (-67.9%) from $162M to $51.9M, while imports increased by $7.66M (10.1%) from $75.8M to $83.4M.

Trade In August 2024, the top exports of Chile to Canada were Silver ($28.3M), Other Nuts ($6.1M), Fish Fillets ($5.77M), Wine ($4.51M), and Pitted Fruits ($3.54M). In August 2024 the top imports of Chile from Canada were Excavation Machinery ($3.82M), Planes, Helicopters, and/or Spacecraft ($2.86M), Interchangeable Tool Parts ($2.48M), Telephones ($2.29M), and Valves ($2.16M).

Origins In August 2024 the exports of Chile were mainly from Las Condes ($10.4M), Curicó ($7.16M), Puerto Montt ($6.79M), Vitacura ($4.85M), and San Bernardo ($1.92M), while imports destinations were mainly Providencia ($12.3M), Antofagasta ($12M), Santiago ($11.4M), Las Condes ($10.9M), and Quilicura ($7.46M).

Growth In August 2024, the decrease in Chile's year-by-year exports to Canada was explained primarily by an decrease in product exports in Wine ($-3.26M or -42%), Non-fillet Frozen Fish ($-1.41M or -81.5%), and Other Fruits ($-1.15M or -27.6%). In August 2024, the increase in Chile's year-by-year imports  from Canada was explained primarily by an increase in product imports  in Planes, Helicopters, and/or Spacecraft ($2.81M or 4.94k%), Telephones ($1.81M or 376%), and Broadcasting Accessories ($1.67M or 3.11k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-110M(-67.9%)
IMPORT GROWTH (August 2023 - August 2024)$7.66M(10.1%)
MAIN EXPORTER (August 2024)Las Condes$10.4M

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 Canada and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Canada and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 1.2%, from $1.47B in 2017 to $1.56B in 2022.

In 2017, 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 2022 to $923M in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Chile - Canada

Flow
Scale

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

During 2022, Chile had a large net trade with Canada in the exports of Metals ($936M), Vegetable Products ($185M), and Foodstuffs ($134M).

During 2017, Canada had a large net trade with Chile in the exports of Mineral Products ($221M), Machines ($170M), and Vegetable Products ($142M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Canada+$31.3MRefined Copper
Top Product Potential Canada Chile+$35.9MCars

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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Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Chile (Flag) to Canada (Flag) (2009)

Services Exports from Canada (Flag) to Chile (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and Canada. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Chile.

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

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