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2023
Flag → Flag
Exports $23.8MRnk 73 / 183
2023
Flag → Flag
Top Product $20.6MCopper Ore
2023
Flag → Flag
Exports $217kRnk 112 / 158
2023
Flag → Flag
Top Product $78.5kDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 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$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Chile-Georgia Trade: In 2023, Chile exported $23.8M to Georgia. The main products that Chile exported to Georgia were Copper Ore ($20.6M), Non-fillet Frozen Fish ($2.47M), and Packaged Medicaments ($208k). Over the past 5 years the exports of Chile to Georgia have increased at an annualized rate of 0.67%, from $23M in 2018 to $23.8M in 2023.

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

Georgia-Chile Trade: In 2023, Georgia exported $217k to Chile. The main products that Georgia exported to Chile were Delivery Trucks ($78.5k), Industrial Food Preperation Machinery ($58.1k), and Knit T-shirts ($49.9k). Over the past 5 years the exports of Georgia to Chile have decreased at an annualized rate of 24.5%,  from $3.59M in 2018 to $217k in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $259k and imported $19.3k from Georgia, resulting in a positive trade balance of $239k. Between November 2023 and November 2024 the exports of Chile have decreased by $-18.4M (-98.6%) from $18.6M to $259k, while imports increased by $18.9k (4.92k%) from $385 to $19.3k.

Trade In November 2024, the top exports of Chile to Georgia were Non-fillet Frozen Fish ($1.03M), Other Nuts ($141k), Brochures ($5.25k), Fish Fillets ($314), and Commodities not elsewhere specified ($8.52). In November 2024 the top imports of Chile from Georgia were Special Pharmaceuticals ($1.53M).

Origins In November 2024 the exports of Chile were mainly from Puerto Montt ($133k), Quellón ($98.2k), Las Condes ($16.7k), Talagante ($8.66k), and Quillón ($2.46k), while imports destinations were mainly Las Condes ($19.3k).

Growth In November 2024, the decrease in Chile's year-by-year exports to Georgia was explained primarily by an decrease in product exports in . In November 2024, the increase in Chile's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-18.4M(-98.6%)
IMPORT GROWTH (November 2023 - November 2024)$18.9k(4.92k%)
MAIN EXPORTER (November 2024)Puerto Montt$133k

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 Georgia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $23.8M to Georgia. The main products exported from Chile to Georgia were Copper Ore ($20.6M), Non-fillet Frozen Fish ($2.47M), and Packaged Medicaments ($208k). During the last 5 years the exports of Chile to Georgia have increased at an annualized rate of 0.67%, from $23M in 2018 to $23.8M in 2023.

In 2018, Georgia exported $217k to Chile. The main products exported from Georgia to Chile were Delivery Trucks ($78.5k), Industrial Food Preperation Machinery ($58.1k), and Knit T-shirts ($49.9k). During the last 5 years the exports of Georgia to Chile have decreased at an annualized rate of 24.5%, from $3.59M in 2023 to $217k in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Georgia
Top DestinationAzerbaijan$828M

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

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

In 2023, countries that imported more from Georgia than Chile included Azerbaijan ($828M), Armenia ($712M), and Turkey ($733M).

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

Comparative Advantage Chile - Georgia

Flow
Scale

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

During 2023, Chile had a large net trade with Georgia in the exports of Mineral Products ($20.6M), Animal Products ($2.51M), and Chemical Products ($268k).

During 2018, Georgia had a large net trade with Chile in the exports of Transportation ($97.7k), Machines ($61.8k), and Textiles ($54.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Georgia+$423kOther Nuts
Top Product Potential Georgia Chile+$507kFerroalloys

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

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

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