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2022
Flag → Flag
Exports $38.5BRnk 1 / 185
2022
Flag → Flag
Top Product $15.6BCopper Ore
2022
Flag → Flag
Exports $24.9BRnk 32 / 211
2022
Flag → Flag
Top Product $1.54BCars
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Chile-China Trade: In 2022, Chile exported $38.5B to China. The main products that Chile exported to China were Copper Ore ($15.6B), Refined Copper ($7.7B), and Carbonates ($5.78B). Over the past 5 years the exports of Chile to China have increased at an annualized rate of 15.3%, from $18.9B in 2017 to $38.5B in 2022.

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

China-Chile Trade: In 2022, China exported $24.9B to Chile. The main products that China exported to Chile were Cars ($1.54B), Broadcasting Equipment ($1.38B), and Delivery Trucks ($919M). Over the past 5 years the exports of China to Chile have increased at an annualized rate of 11.3%,  from $14.6B in 2017 to $24.9B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $2.46B and imported $317M from China, resulting in a positive trade balance of $2.14B. Between August 2023 and August 2024 the exports of Chile have decreased by $-510M (-17.2%) from $2.97B to $2.46B, while imports increased by $26.3M (9.04%) from $291M to $317M.

Trade In August 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 August 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 August 2024 the exports of Chile were mainly from Las Condes ($1.29B), Santiago ($885M), La Serena ($66.9M), Iquique ($48.2M), and Antofagasta ($18.9M), while imports destinations were mainly Santiago ($62.8M), Las Condes ($48.1M), Estación Central ($29.3M), Providencia ($17.2M), and San Joaquín ($14.4M).

Growth In August 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 August 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 (August 2023 - August 2024)$-510M(-17.2%)
IMPORT GROWTH (August 2023 - August 2024)$26.3M(9.04%)
MAIN EXPORTER (August 2024)Las Condes$1.29B

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 2022, Chile exported $38.5B to China. The main products exported from Chile to China were Copper Ore ($15.6B), Refined Copper ($7.7B), and Carbonates ($5.78B). During the last 5 years the exports of Chile to China have increased at an annualized rate of 15.3%, from $18.9B in 2017 to $38.5B in 2022.

In 2017, China exported $24.9B to Chile. The main products exported from China to Chile were Cars ($1.54B), Broadcasting Equipment ($1.38B), and Delivery Trucks ($919M). During the last 5 years the exports of China to Chile have increased at an annualized rate of 11.3%, from $14.6B in 2022 to $24.9B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
China
Top DestinationUnited States$551B

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 2022, countries that imported more from Chile than China included Anguilla ($131M), French South Antarctic Territory ($941k), and Northern Mariana Islands ($798k).

In 2022, countries that imported more from China than Chile included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

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 2022, Chile had a large net trade with China in the exports of Mineral Products ($17.1B), Metals ($9.3B), and Chemical Products ($6.44B).

During 2017, China had a large net trade with Chile in the exports of Machines ($7.39B), Textiles ($3.73B), and Transportation ($3.32B).

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) (2022)

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