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2023
Flag → Flag
Exports $38.2BRnk 1 / 183
2023
Flag → Flag
Top Product $17.6BCopper Ore
2023
Flag → Flag
Exports $19.8BRnk 31 / 208
2023
Flag → Flag
Top Product $1.4BBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Chile-China Trade: In 2023, Chile exported $38.2B to China. The main products that Chile exported to China were Copper Ore ($17.6B), Refined Copper ($6.15B), and Carbonates ($3.93B). Over the past 5 years the exports of Chile to China have increased at an annualized rate of 8.82%, from $25B in 2018 to $38.2B in 2023.

In 2009, Chile exported services to China worth $476M, with Transportation ($476M) being the largest in terms of value.

China-Chile Trade: In 2023, China exported $19.8B to Chile. The main products that China exported to Chile were Broadcasting Equipment ($1.4B), Computers ($732M), and Electric Motors ($667M). Over the past 5 years the exports of China to Chile have increased at an annualized rate of 3.87%,  from $16.4B in 2018 to $19.8B in 2023.

In 2023, China did not export any services to Chile.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $3.34B and imported $402M from China, resulting in a positive trade balance of $2.93B. Between November 2023 and November 2024 the exports of Chile have decreased by $-233M (-6.52%) from $3.57B to $3.34B, while imports increased by $43.1M (12%) from $359M to $402M.

Trade In November 2024, the top exports of Chile to China were Copper Ore ($1.33B), Pitted Fruits ($1.12B), Refined Copper ($618M), Carbonates ($459M), and Sulfates ($424M). In November 2024 the top imports of Chile from China were Cars ($90.4M), Rubber Tires ($22.4M), Medical Instruments ($14.7M), Other Plastic Products ($6.87M), and Trunks and Cases ($6.19M).

Origins In November 2024 the exports of Chile were mainly from Las Condes ($1.89B), Santiago ($1.06B), La Serena ($77.8M), Iquique ($62.1M), and Antofagasta ($24.4M), while imports destinations were mainly Las Condes ($80.9M), Santiago ($79.8M), Vitacura ($42.1M), Providencia ($20.5M), and San Joaquín ($17.3M).

Growth In November 2024, the decrease in Chile's year-by-year exports to China was explained primarily by an decrease in product exports in Copper Ore ($-316M or -19.3%), Raw Copper ($-42.4M or -19%), and Refined Copper ($-13.3M or -2.1%). In November 2024, the increase in Chile's year-by-year imports  from China was explained primarily by an increase in product imports  in Cars ($89.8M or 14k%), Medical Instruments ($8M or 120%), and Candles ($4.33M or 462%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-233M(-6.52%)
IMPORT GROWTH (November 2023 - November 2024)$43.1M(12%)
MAIN EXPORTER (November 2024)Las Condes$1.89B

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 China and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore China and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $38.2B to China. The main products exported from Chile to China were Copper Ore ($17.6B), Refined Copper ($6.15B), and Carbonates ($3.93B). During the last 5 years the exports of Chile to China have increased at an annualized rate of 8.82%, from $25B in 2018 to $38.2B in 2023.

In 2018, China exported $19.8B to Chile. The main products exported from China to Chile were Broadcasting Equipment ($1.4B), Computers ($732M), and Electric Motors ($667M). During the last 5 years the exports of China to Chile have increased at an annualized rate of 3.87%, from $16.4B in 2023 to $19.8B in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
China
Top DestinationUnited States$436B

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

In 2023, countries that imported more from Chile than China included Anguilla ($114M), French South Antarctic Territory ($423k), and Northern Mariana Islands ($268k).

In 2023, countries that imported more from China than Chile included United States ($436B), Hong Kong ($259B), and Germany ($164B).

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

Comparative Advantage Chile - China

Flow
Scale

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

During 2023, Chile had a large net trade with China in the exports of Mineral Products ($19.3B), Metals ($7.42B), and Chemical Products ($5.29B).

During 2018, China had a large net trade with Chile in the exports of Machines ($7.24B), Textiles ($2.72B), and Metals ($2.03B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile China+$250MIron Ore
Top Product Potential China Chile+$160MTelephones

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

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

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