2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Chile-Algeria Trade: In 2023, Chile exported $7.86M to Algeria. The main products that Chile exported to Algeria were Grapes ($2.53M), Other Nuts ($2.26M), and Vegetable Saps ($1.85M). Over the past 5 years the exports of Chile to Algeria have decreased at an annualized rate of 5%, from $10.2M in 2018 to $7.86M in 2023.

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

Algeria-Chile Trade: In 2023, Algeria exported $94.6k to Chile. The main products that Algeria exported to Chile were Hand-Woven Rugs ($30.6k), Cement ($28k), and Tufted Carpets ($14.3k). Over the past 5 years the exports of Algeria to Chile have increased at an annualized rate of 114%,  from $2.08k in 2018 to $94.6k in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $7.86M to Algeria. The main products exported from Chile to Algeria were Grapes ($2.53M), Other Nuts ($2.26M), and Vegetable Saps ($1.85M). During the last 5 years the exports of Chile to Algeria have decreased at an annualized rate of 5%, from $10.2M in 2018 to $7.86M in 2023.

In 2018, Algeria exported $94.6k to Chile. The main products exported from Algeria to Chile were Hand-Woven Rugs ($30.6k), Cement ($28k), and Tufted Carpets ($14.3k). During the last 5 years the exports of Algeria to Chile have increased at an annualized rate of 114%, from $2.08k in 2023 to $94.6k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Algeria
Top Destination
Italy$15.2B

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

In 2023, countries that imported more from Chile than Algeria included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Algeria than Chile included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

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

Comparative Advantage Chile - Algeria

Flow
Scale

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

During 2023, Chile had a large net trade with Algeria in the exports of Vegetable Products ($7.31M), Chemical Products ($359k), and Transportation ($70.8k).

During 2018, Algeria had a large net trade with Chile in the exports of Textiles ($45k), Mineral Products ($28k), and Chemical Products ($15.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Algeria+$1.38MOther Nuts
Top Product Potential Algeria Chile+$28.8kInsulated Wire

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

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

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