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2023
Flag → Flag
Exports $1.66BRnk 8 / 183
2023
Flag → Flag
Top Product $469MRaw Copper
2023
Flag → Flag
Exports $829MRnk 33 / 215
2023
Flag → Flag
Top Product $159MWheat
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
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Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
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 GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
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GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
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GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
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GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
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GDP PC$53,431CURRENT US$
Rnk 22 / 196
2013-2023
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GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Chile-Canada Trade: In 2023, Chile exported $1.66B to Canada. The main products that Chile exported to Canada were Raw Copper ($469M), Gold ($239M), and Fish Fillets ($187M). Over the past 5 years the exports of Chile to Canada have increased at an annualized rate of 6.2%, from $1.23B in 2018 to $1.66B in 2023.

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 2023, Canada exported $829M to Chile. The main products that Canada exported to Chile were Wheat ($159M), Coal Briquettes ($60.9M), and Packaged Medicaments ($41.9M). Over the past 5 years the exports of Canada to Chile have decreased at an annualized rate of 1.63%,  from $900M in 2018 to $829M in 2023.

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 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $155M and imported $97M from Canada, resulting in a positive trade balance of $58.3M. Between November 2023 and November 2024 the exports of Chile have increased by $95.9M (161%) from $59.4M to $155M, while imports increased by $34.2M (54.5%) from $62.8M to $97M.

Trade In November 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 November 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 November 2024 the exports of Chile were mainly from Antofagasta ($99.6M), Copiapó ($13.2M), Las Condes ($10.8M), Puerto Montt ($6.5M), and Curicó ($2.67M), while imports destinations were mainly Providencia ($28.3M), Quilicura ($18.3M), Huechuraba ($8.63M), Santiago ($6.1M), and Las Condes ($6.07M).

Growth In November 2024, the increase in Chile's year-by-year exports to Canada was explained primarily by an increase in product exports in Locust beans, seaweed, sugar beet, cane,... ($1.25M or 4.22k%), Commodities not elsewhere specified ($794k or 77.7%), and Poultry Meat ($500k or 71.6%). In November 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 (November 2023 - November 2024)$95.9M(161%)
IMPORT GROWTH (November 2023 - November 2024)$34.2M(54.5%)
MAIN EXPORTER (November 2024)Antofagasta$99.6M

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 2023, Chile exported $1.66B to Canada. The main products exported from Chile to Canada were Raw Copper ($469M), Gold ($239M), and Fish Fillets ($187M). During the last 5 years the exports of Chile to Canada have increased at an annualized rate of 6.2%, from $1.23B in 2018 to $1.66B in 2023.

In 2018, Canada exported $829M to Chile. The main products exported from Canada to Chile were Wheat ($159M), Coal Briquettes ($60.9M), and Packaged Medicaments ($41.9M). During the last 5 years the exports of Canada to Chile have decreased at an annualized rate of 1.63%, from $900M in 2023 to $829M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Canada
Top DestinationUnited States$410B

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 2023, countries that imported more from Chile than Canada included China ($38.2B), Bolivia ($1.36B), and South Korea ($6.02B).

In 2023, countries that imported more from Canada than Chile included United States ($410B), United Kingdom ($18B), and Mexico ($8.76B).

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

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 2023, Chile had a large net trade with Canada in the exports of Metals ($510M), Precious Metals ($365M), and Vegetable Products ($279M).

During 2018, Canada had a large net trade with Chile in the exports of Vegetable Products ($217M), Machines ($190M), and Mineral Products ($100M).

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) (2023)

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