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2022
Flag → Flag
Exports $1.26BRnk 12 / 185
2022
Flag → Flag
Top Product $829MCopper Ore
2022
Flag → Flag
Exports $1.42BRnk 51 / 217
2022
Flag → Flag
Top Product $355MCars
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Chile-India Trade: In 2022, Chile exported $1.26B to India. The main products that Chile exported to India were Copper Ore ($829M), Halogens ($113M), and Sulfate Chemical Woodpulp ($72.3M). Over the past 5 years the exports of Chile to India have decreased at an annualized rate of 9.61%, from $2.08B in 2017 to $1.26B in 2022.

In 2009, Chile exported services to India worth $22.7M, with Transportation ($22.7M) being the largest in terms of value.

India-Chile Trade: In 2022, India exported $1.42B to Chile. The main products that India exported to Chile were Cars ($355M), Packaged Medicaments ($135M), and Electric Generating Sets ($79.3M). Over the past 5 years the exports of India to Chile have increased at an annualized rate of 11.4%,  from $824M in 2017 to $1.42B in 2022.

In 2022, India did not export any services to Chile.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Latest Trends

September, 2024

About

Overview In September 2024, Chile exported $164M and imported $14.5M from India, resulting in a positive trade balance of $150M. Between September 2023 and September 2024 the exports of Chile have increased by $103M (167%) from $61.7M to $164M, while imports decreased by $-4.69M (-24.5%) from $19.2M to $14.5M.

Trade In September 2024, the top exports of Chile to India were Copper Ore ($34.5M), Halogens ($10.5M), Sulfate Chemical Woodpulp ($9.59M), Coke ($5.75M), and Molybdenum Ore ($3.23M). In September 2024 the top imports of Chile from India were Packaged Medicaments ($3.72M), Fish Oil ($1.88M), Nucleic Acids ($1.86M), Leather Apparel ($930k), and Valves ($794k).

Origins In September 2024 the exports of Chile were mainly from Santiago ($50.5M), Las Condes ($44.4M), Antofagasta ($42M), Mejillones ($5.63M), and Providencia ($5.04M), while imports destinations were mainly Las Condes ($3.38M), Quilicura ($3.22M), Macul ($2.04M), Providencia ($1.3M), and Santiago ($1.26M).

Growth In September 2024, the increase in Chile's year-by-year exports to India was explained primarily by an increase in product exports in Halogens ($4.41M or 72%), Sulfate Chemical Woodpulp ($4.27M or 80.3%), and Other Nuts ($1.36M or 98.6%). In September 2024, the decrease in Chile's year-by-year imports  from India was explained primarily by an decrease in product imports  in Packaged Medicaments ($-7.1M or -65.6%), Leather Apparel ($-1.32M or -58.7%), and Motor vehicles; parts and accessories (8701... ($-965k or -95.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$103M(167%)
IMPORT GROWTH (September 2023 - September 2024)$-4.69M(-24.5%)
MAIN EXPORTER (September 2024)Santiago$50.5M

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 India and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore India and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.26B to India. The main products exported from Chile to India were Copper Ore ($829M), Halogens ($113M), and Sulfate Chemical Woodpulp ($72.3M). During the last 5 years the exports of Chile to India have decreased at an annualized rate of 9.61%, from $2.08B in 2017 to $1.26B in 2022.

In 2017, India exported $1.42B to Chile. The main products exported from India to Chile were Cars ($355M), Packaged Medicaments ($135M), and Electric Generating Sets ($79.3M). During the last 5 years the exports of India to Chile have increased at an annualized rate of 11.4%, from $824M in 2022 to $1.42B in 2017.

Exports from Chile (Flag) to India (Flag) (2022)

Exports from India (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Chile than India included China ($38.5B), Japan ($7.43B), and Bolivia ($1.21B).

In 2022, countries that imported more from India than Chile included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - India

Flow
Scale

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

During 2022, Chile had a large net trade with India in the exports of Mineral Products ($866M), Vegetable Products ($137M), and Chemical Products ($116M).

During 2017, India had a large net trade with Chile in the exports of Transportation ($458M), Chemical Products ($242M), and Textiles ($221M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile India+$21.7MGold
Top Product Potential India Chile+$52.9MPackaged 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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Economic Complexity

Competitive Landscape

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

Product Space of Chile (Flag) and India (Flag) (2022)

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