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Pricing

2023
Flag → Flag
Exports $635kRnk 149 / 183
2023
Flag → Flag
Top Product $181kNon-fillet Frozen Fish
2023
Flag → Flag
Exports $775kRnk 39 / 109
2023
Flag → Flag
Top Product $775kFish Oil
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 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$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Chile-Guinea Trade: In 2023, Chile exported $635k to Guinea. The main products that Chile exported to Guinea were Non-fillet Frozen Fish ($181k), Poultry Meat ($150k), and Excavation Machinery ($63.7k). Over the past 5 years the exports of Chile to Guinea have increased at an annualized rate of 15.4%, from $311k in 2018 to $635k in 2023.

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

Guinea-Chile Trade: In 2023, Guinea exported $775k to Chile. The main products that Guinea exported to Chile were Fish Oil ($775k). Over the past 5 years the exports of Guinea to Chile have increased at an annualized rate of 158%,  from $6.73k in 2018 to $775k in 2023.

In 2023, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $84.3k and imported $209k from Guinea, resulting in a negative trade balance of $125k. Between November 2023 and November 2024 the exports of Chile have increased by $13.2k (18.6%) from $71.1k to $84.3k, while imports increased by $189k (939%) from $20.1k to $209k.

Trade In November 2024, the top exports of Chile to Guinea were Excavation Machinery ($5.29k), Valves ($3.16k), and Gas and Liquid Flow Measuring Instruments ($205). In November 2024 the top imports of Chile from Guinea were .

Origins In November 2024 the exports of Chile were mainly from Rancagua ($33k), Las Condes ($26.5k), and Quilicura ($24.7k), while imports destinations were mainly N/A.

Growth In November 2024, the increase in Chile's year-by-year exports to Guinea was explained primarily by an increase in product exports in Excavation Machinery ($4.66k or 745%) and Valves ($1.65k or 109%). In September 2023, the increase in Chile's year-by-year imports  from Guinea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$13.2k(18.6%)
IMPORT GROWTH (September 2022 - September 2023)$189k(939%)
MAIN EXPORTER (November 2024)Rancagua$33k

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 Guinea and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $635k to Guinea. The main products exported from Chile to Guinea were Non-fillet Frozen Fish ($181k), Poultry Meat ($150k), and Excavation Machinery ($63.7k). During the last 5 years the exports of Chile to Guinea have increased at an annualized rate of 15.4%, from $311k in 2018 to $635k in 2023.

In 2018, Guinea exported $775k to Chile. The main products exported from Guinea to Chile were Fish Oil ($775k). During the last 5 years the exports of Guinea to Chile have increased at an annualized rate of 158%, from $6.73k in 2023 to $775k in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

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

In 2023, countries that imported more from Guinea than Chile included United Arab Emirates ($9.05B), Ireland ($99M), and Macau ($11.7M).

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

Comparative Advantage Chile - Guinea

Flow
Scale

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

During 2023, Chile had a large net trade with Guinea in the exports of Animal Products ($331k), Machines ($222k), and Metals ($33.2k).

During 2018, Guinea had a large net trade with Chile in the exports of Animal and Vegetable Bi-Products ($775k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Guinea+$488kNon-fillet Frozen Fish
Top Product Potential Guinea Chile+$20.9kExcavation Machinery

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

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

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