2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 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
$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195

About

Chile-Greece Trade: In 2023, Chile exported $50M to Greece. The main products that Chile exported to Greece were Refined Copper ($15.8M), Fish Oil ($13.8M), and Processed Crustaceans ($5.78M). Over the past 5 years the exports of Chile to Greece have decreased at an annualized rate of 0.59%, from $51.5M in 2018 to $50M in 2023.

In 2009, Chile exported services to Greece worth $10.4M, with Transportation ($10.4M) being the largest in terms of value.

Greece-Chile Trade: In 2023, Greece exported $38.7M to Chile. The main products that Greece exported to Chile were Electric Motors ($5.21M), Packaged Medicaments ($3.86M), and Carbonates ($3.12M). Over the past 5 years the exports of Greece to Chile have increased at an annualized rate of 11.6%,  from $22.4M in 2018 to $38.7M in 2023.

In 2020, Greece exported services to Chile worth $47.7M, with Transportation ($43.6M), Travel ($3.2M), and Other business services ($571k) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $50M to Greece. The main products exported from Chile to Greece were Refined Copper ($15.8M), Fish Oil ($13.8M), and Processed Crustaceans ($5.78M). During the last 5 years the exports of Chile to Greece have decreased at an annualized rate of 0.59%, from $51.5M in 2018 to $50M in 2023.

In 2018, Greece exported $38.7M to Chile. The main products exported from Greece to Chile were Electric Motors ($5.21M), Packaged Medicaments ($3.86M), and Carbonates ($3.12M). During the last 5 years the exports of Greece to Chile have increased at an annualized rate of 11.6%, from $22.4M in 2023 to $38.7M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Greece
Top Destination
Italy$6.21B

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

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

In 2023, countries that imported more from Greece than Chile included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Chile - Greece

Flow
Scale

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

During 2023, Chile had a large net trade with Greece in the exports of Metals ($18.2M), Animal and Vegetable Bi-Products ($13.8M), and Vegetable Products ($6.77M).

During 2018, Greece had a large net trade with Chile in the exports of Machines ($11.1M), Chemical Products ($10.5M), and Foodstuffs ($4.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Greece+$11.9MRefined Copper
Top Product Potential Greece Chile+$5.28MPackaged Medicaments

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

Chl Year

In 2009, Chile exported services to Greece worth $10.4M, with Transportation ($10.4M) being the largest in terms of value.

In 2020, Greece exported services to Chile worth $47.7M, with Transportation ($43.6M), Travel ($3.2M), and Other business services ($571k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Chile (Flag) to Greece (Flag) (2009)

Services Exports from Greece (Flag) to Chile (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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