2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Chile-Indonesia Trade: In 2023, Chile exported $166M to Indonesia. The main products that Chile exported to Indonesia were Refined Copper ($73.1M), Fish Oil ($14.1M), and Sulfate Chemical Woodpulp ($12.2M). Over the past 5 years the exports of Chile to Indonesia have increased at an annualized rate of 5.94%, from $125M in 2018 to $166M in 2023.

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

Indonesia-Chile Trade: In 2023, Indonesia exported $347M to Chile. The main products that Indonesia exported to Chile were Cars ($82.5M), Textile Footwear ($33M), and Rubber Footwear ($22.1M). Over the past 5 years the exports of Indonesia to Chile have increased at an annualized rate of 10.1%,  from $214M in 2018 to $347M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $166M to Indonesia. The main products exported from Chile to Indonesia were Refined Copper ($73.1M), Fish Oil ($14.1M), and Sulfate Chemical Woodpulp ($12.2M). During the last 5 years the exports of Chile to Indonesia have increased at an annualized rate of 5.94%, from $125M in 2018 to $166M in 2023.

In 2018, Indonesia exported $347M to Chile. The main products exported from Indonesia to Chile were Cars ($82.5M), Textile Footwear ($33M), and Rubber Footwear ($22.1M). During the last 5 years the exports of Indonesia to Chile have increased at an annualized rate of 10.1%, from $214M in 2023 to $347M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Chile than Indonesia included Brazil ($4.4B), Bolivia ($1.36B), and Peru ($1.45B).

In 2023, countries that imported more from Indonesia than Chile included China ($70.7B), India ($24B), and Japan ($23.7B).

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

Comparative Advantage Chile - Indonesia

Flow
Scale

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

During 2023, Chile had a large net trade with Indonesia in the exports of Metals ($75M), Vegetable Products ($14.9M), and Animal and Vegetable Bi-Products ($14.1M).

During 2018, Indonesia had a large net trade with Chile in the exports of Transportation ($87.4M), Footwear and Headwear ($73.5M), and Chemical Products ($35.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Indonesia+$29.2MRefined Copper
Top Product Potential Indonesia Chile+$38.8MCars

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

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

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