2023
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GDP
$336BCURRENT US$
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2013-2023
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GDP GROWTH
21%CURRENT US$
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2023
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 GDP
$551BCURRENT US$
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2013-2023
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GDP GROWTH
127%CURRENT US$
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2023
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GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
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GDP PC GROWTH
8.83%CURRENT US$
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2023
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GDP PC
$103,888CURRENT US$
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2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
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About

Chile-Ireland Trade: In 2023, Chile exported $65.2M to Ireland. The main products that Chile exported to Ireland were Wine ($46.2M), Apples and Pears ($2.88M), and Grapes ($2.54M). Over the past 5 years the exports of Chile to Ireland have decreased at an annualized rate of 0.96%, from $68.4M in 2018 to $65.2M in 2023.

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

Ireland-Chile Trade: In 2023, Ireland exported $210M to Chile. The main products that Ireland exported to Chile were Vaccines, blood, antisera, toxins and cultures ($77.6M), Packaged Medicaments ($42.4M), and Orthopedic Appliances ($12.7M). Over the past 5 years the exports of Ireland to Chile have increased at an annualized rate of 4.52%,  from $168M in 2018 to $210M in 2023.

In 2020, Ireland exported services to Chile worth $296M, with Other business services ($276M), Insurance services ($14.8M), and Financial services ($4.57M) 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $65.2M to Ireland. The main products exported from Chile to Ireland were Wine ($46.2M), Apples and Pears ($2.88M), and Grapes ($2.54M). During the last 5 years the exports of Chile to Ireland have decreased at an annualized rate of 0.96%, from $68.4M in 2018 to $65.2M in 2023.

In 2018, Ireland exported $210M to Chile. The main products exported from Ireland to Chile were Vaccines, blood, antisera, toxins and cultures ($77.6M), Packaged Medicaments ($42.4M), and Orthopedic Appliances ($12.7M). During the last 5 years the exports of Ireland to Chile have increased at an annualized rate of 4.52%, from $168M in 2023 to $210M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from Chile than Ireland included China ($38.2B), South Korea ($6.02B), and Brazil ($4.4B).

In 2023, countries that imported more from Ireland than Chile included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Comparative Advantage Chile - Ireland

Flow
Scale

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

During 2023, Chile had a large net trade with Ireland in the exports of Foodstuffs ($48M), Vegetable Products ($11.2M), and Plastics and Rubbers ($2.05M).

During 2018, Ireland had a large net trade with Chile in the exports of Chemical Products ($146M), Instruments ($23.9M), and Machines ($20.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Ireland+$1.87MPackaged Medicaments
Top Product Potential Ireland Chile+$24.1MPackaged 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

In 2020, Ireland exported services to Chile worth $296M, with Other business services ($276M), Insurance services ($14.8M), and Financial services ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (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 Ireland. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Chile.

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

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