NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $695MRnk 21 / 183
2023
Flag → Flag
Top Product $192MWine
2023
Flag → Flag
Exports $584MRnk 61 / 223
2023
Flag → Flag
Top Product $60.6MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Chile-United Kingdom Trade: In 2023, Chile exported $695M to United Kingdom. The main products that Chile exported to United Kingdom were Wine ($192M), Carbonates ($86.3M), and Other Fruits ($53.2M). Over the past 5 years the exports of Chile to United Kingdom have decreased at an annualized rate of 4.57%, from $878M in 2018 to $695M in 2023.

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 2023, United Kingdom exported $584M to Chile. The main products that United Kingdom exported to Chile were Gas Turbines ($60.6M), Hard Liquor ($52.6M), and Cars ($48.5M). Over the past 5 years the exports of United Kingdom to Chile have decreased at an annualized rate of 8.32%,  from $902M in 2018 to $584M in 2023.

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 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $51.4M and imported $49.1M from United Kingdom, resulting in a positive trade balance of $2.25M. Between November 2023 and November 2024 the exports of Chile have increased by $6.52M (14.6%) from $44.8M to $51.4M, while imports increased by $9.46M (23.9%) from $39.6M to $49.1M.

Trade In November 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 November 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 November 2024 the exports of Chile were mainly from Las Condes ($22.8M), Vitacura ($7.36M), Santiago ($3.41M), Hijuelas ($3.36M), and Catemu ($2.84M), while imports destinations were mainly Quilicura ($15.4M), Las Condes ($12.1M), Providencia ($5.56M), Huechuraba ($4.6M), and Santiago ($1.4M).

Growth In November 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 November 2024, the increase in Chile's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Laboratory Reagents ($1.93M or 200%), Iron Fasteners ($995k or 2.98k%), and Medical Instruments ($959k or 431%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$6.52M(14.6%)
IMPORT GROWTH (November 2023 - November 2024)$9.46M(23.9%)
MAIN EXPORTER (November 2024)Las Condes$22.8M

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $695M to United Kingdom. The main products exported from Chile to United Kingdom were Wine ($192M), Carbonates ($86.3M), and Other Fruits ($53.2M). During the last 5 years the exports of Chile to United Kingdom have decreased at an annualized rate of 4.57%, from $878M in 2018 to $695M in 2023.

In 2018, United Kingdom exported $584M to Chile. The main products exported from United Kingdom to Chile were Gas Turbines ($60.6M), Hard Liquor ($52.6M), and Cars ($48.5M). During the last 5 years the exports of United Kingdom to Chile have decreased at an annualized rate of 8.32%, from $902M in 2023 to $584M in 2018.

Exports from Chile (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Chile (Flag) (2023)

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
United Kingdom
Top DestinationUnited States$59.7B

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 2023, countries that imported more from Chile than United Kingdom included China ($38.2B), Bolivia ($1.36B), and Peru ($1.45B).

In 2023, countries that imported more from United Kingdom than Chile included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

Difference in imports from United Kingdom (Flag) and Chile (Flag) (2023)

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 2023, Chile had a large net trade with United Kingdom in the exports of Foodstuffs ($219M), Vegetable Products ($207M), and Chemical Products ($130M).

During 2018, United Kingdom had a large net trade with Chile in the exports of Machines ($178M), Chemical Products ($121M), and Foodstuffs ($93.1M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms