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2022
Flag → Flag
Exports $806MRnk 19 / 185
2022
Flag → Flag
Top Product $206MWine
2022
Flag → Flag
Exports $573MRnk 61 / 224
2022
Flag → Flag
Top Product $63.6MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
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 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
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GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Chile-United Kingdom Trade: In 2022, Chile exported $806M to United Kingdom. The main products that Chile exported to United Kingdom were Wine ($206M), Carbonates ($114M), and Petroleum Gas ($109M). Over the past 5 years the exports of Chile to United Kingdom have increased at an annualized rate of 5.21%, from $626M in 2017 to $806M in 2022.

In 2009, Chile exported services to United Kingdom worth $85.5M, with Travel ($46.6M), Transportation ($32.3M), and Other business services ($6.61M) being the largest in terms of value.

United Kingdom-Chile Trade: In 2022, United Kingdom exported $573M to Chile. The main products that United Kingdom exported to Chile were Hard Liquor ($63.6M), Packaged Medicaments ($45.1M), and Cars ($39.3M). Over the past 5 years the exports of United Kingdom to Chile have decreased at an annualized rate of 5.91%,  from $777M in 2017 to $573M in 2022.

In 2019, United Kingdom exported services to Chile worth $12.8M, with Computer and information services ($6.38M), Personal, cultural, and recreational services ($5.15M), and Construction services ($1.23M) being the largest in terms of value.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $54M and imported $41.8M from United Kingdom, resulting in a positive trade balance of $12.2M. Between August 2023 and August 2024 the exports of Chile have increased by $12.6M (30.4%) from $41.4M to $54M, while imports decreased by $-9.66M (-18.8%) from $51.5M to $41.8M.

Trade In August 2024, the top exports of Chile to United Kingdom were Wine ($13M), Other Fruits ($11.4M), Commodities not elsewhere specified ($7.09M), Pitted Fruits ($4.99M), and Tropical Fruits ($3.55M). In August 2024 the top imports of Chile from United Kingdom were Laboratory Reagents ($2.89M), Delivery Trucks ($1.64M), Animal Food ($1.53M), Iron Structures ($1.26M), and Medical Instruments ($1.18M).

Origins In August 2024 the exports of Chile were mainly from Las Condes ($24.6M), Talcahuano ($6.81M), Vitacura ($3.79M), Providencia ($3.57M), and Santiago ($2.95M), while imports destinations were mainly Las Condes ($11.3M), Quilicura ($9.84M), Providencia ($3.6M), Huechuraba ($3.28M), and Casablanca ($3.27M).

Growth In August 2024, the increase in Chile's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Plywood ($1.74M or 129%), Dried Fruits ($1.46M or 328%), and Tropical Fruits ($1.1M or 44.9%). In August 2024, the decrease in Chile's year-by-year imports  from United Kingdom was explained primarily by an decrease in product imports  in Non-Knit Women's Suits ($-4.5M or -93.7%), Shaving Products ($-2.15M or -99.9%), and Trunks and Cases ($-1.84M or -99.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$12.6M(30.4%)
IMPORT GROWTH (August 2023 - August 2024)$-9.66M(-18.8%)
MAIN EXPORTER (August 2024)Las Condes$24.6M

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 United Kingdom and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Kingdom and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $806M to United Kingdom. The main products exported from Chile to United Kingdom were Wine ($206M), Carbonates ($114M), and Petroleum Gas ($109M). During the last 5 years the exports of Chile to United Kingdom have increased at an annualized rate of 5.21%, from $626M in 2017 to $806M in 2022.

In 2017, United Kingdom exported $573M to Chile. The main products exported from United Kingdom to Chile were Hard Liquor ($63.6M), Packaged Medicaments ($45.1M), and Cars ($39.3M). During the last 5 years the exports of United Kingdom to Chile have decreased at an annualized rate of 5.91%, from $777M in 2022 to $573M in 2017.

Exports from Chile (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Chile than United Kingdom included China ($38.5B), Peru ($1.84B), and Brazil ($4.55B).

In 2022, countries that imported more from United Kingdom than Chile included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - United Kingdom

Flow
Scale

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

During 2022, Chile had a large net trade with United Kingdom in the exports of Foodstuffs ($224M), Vegetable Products ($212M), and Mineral Products ($141M).

During 2017, United Kingdom had a large net trade with Chile in the exports of Machines ($141M), Chemical Products ($116M), and Foodstuffs ($99.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile United Kingdom+$30MPetroleum Gas
Top Product Potential United Kingdom Chile+$47.7MCars

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 United Kingdom worth $85.5M, with Travel ($46.6M), Transportation ($32.3M), and Other business services ($6.61M) being the largest in terms of value.

In 2019, United Kingdom exported services to Chile worth $12.8M, with Computer and information services ($6.38M), Personal, cultural, and recreational services ($5.15M), and Construction services ($1.23M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Chile (Flag) to United Kingdom (Flag) (2009)

Services Exports from United Kingdom (Flag) to Chile (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and United Kingdom. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Chile.

Product Space of Chile (Flag) and United Kingdom (Flag) (2022)

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