2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 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
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Chile-Ethiopia Trade: In 2023, Chile exported $1.86M to Ethiopia. The main products that Chile exported to Ethiopia were Sowing Seeds ($472k), Nitrites and Nitrates ($371k), and Wine ($190k). Over the past 5 years the exports of Chile to Ethiopia have increased at an annualized rate of 4.33%, from $1.51M in 2018 to $1.86M in 2023.

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

Ethiopia-Chile Trade: In 2023, Ethiopia exported $284k to Chile. The main products that Ethiopia exported to Chile were Dried Legumes ($104k), Coffee ($101k), and Knit Socks and Hosiery ($34.1k). Over the past 5 years the exports of Ethiopia to Chile have decreased at an annualized rate of 16.5%,  from $701k in 2018 to $284k in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $1.86M to Ethiopia. The main products exported from Chile to Ethiopia were Sowing Seeds ($472k), Nitrites and Nitrates ($371k), and Wine ($190k). During the last 5 years the exports of Chile to Ethiopia have increased at an annualized rate of 4.33%, from $1.51M in 2018 to $1.86M in 2023.

In 2018, Ethiopia exported $284k to Chile. The main products exported from Ethiopia to Chile were Dried Legumes ($104k), Coffee ($101k), and Knit Socks and Hosiery ($34.1k). During the last 5 years the exports of Ethiopia to Chile have decreased at an annualized rate of 16.5%, from $701k in 2023 to $284k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Ethiopia
Top Destination
United States$487M

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

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

In 2023, countries that imported more from Ethiopia than Chile included Saudi Arabia ($304M), Djibouti ($155M), and Somalia ($142M).

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

Comparative Advantage Chile - Ethiopia

Flow
Scale

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

During 2023, Chile had a large net trade with Ethiopia in the exports of Vegetable Products ($746k), Chemical Products ($691k), and Foodstuffs ($190k).

During 2018, Ethiopia had a large net trade with Chile in the exports of Vegetable Products ($209k), Textiles ($38.8k), and Metals ($9.25k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Ethiopia+$527kMixed Mineral or Chemical Fertilizers
Top Product Potential Ethiopia Chile+$288kCoffee

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

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

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