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Pricing

2022
Flag → Flag
Exports $7.43BRnk 3 / 185
2022
Flag → Flag
Top Product $3.96BCopper Ore
2022
Flag → Flag
Exports $2.45BRnk 38 / 211
2022
Flag → Flag
Top Product $773MRefined Petroleum
2022
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Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Chile-Japan Trade: In 2022, Chile exported $7.43B to Japan. The main products that Chile exported to Japan were Copper Ore ($3.96B), Non-fillet Frozen Fish ($709M), and Molybdenum Ore ($532M). Over the past 5 years the exports of Chile to Japan have increased at an annualized rate of 3.18%, from $6.35B in 2017 to $7.43B in 2022.

In 2009, Chile exported services to Japan worth $342M, with Transportation ($342M) being the largest in terms of value.

Japan-Chile Trade: In 2022, Japan exported $2.45B to Chile. The main products that Japan exported to Chile were Refined Petroleum ($773M), Cars ($563M), and Rubber Tires ($171M). Over the past 5 years the exports of Japan to Chile have increased at an annualized rate of 3.08%,  from $1.81B in 2017 to $2.45B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $729M and imported $20.7M from Japan, resulting in a positive trade balance of $708M. Between July 2023 and July 2024 the exports of Chile have increased by $181M (33.1%) from $548M to $729M, while imports increased by $4.73M (29.6%) from $16M to $20.7M.

Trade In July 2024, the top exports of Chile to Japan were Copper Ore ($138M), Non-fillet Frozen Fish ($76.6M), Molybdenum Ore ($68.1M), Fish Fillets ($43.2M), and Fuel Wood ($13.7M). In July 2024 the top imports of Chile from Japan were Medical Instruments ($1.84M), Motor vehicles; parts and accessories (8701... ($581k), Gas and Liquid Flow Measuring Instruments ($349k), Centrifuges ($305k), and X-Ray Equipment ($266k).

Origins In July 2024 the exports of Chile were mainly from Las Condes ($452M), Santiago ($103M), Iquique ($46.7M), Chonchi ($24.3M), and Puerto Montt ($19.7M), while imports destinations were mainly Quilicura ($6.26M), Las Condes ($3.81M), Caldera ($2.8M), Punta Arenas ($1.5M), and Providencia ($1.46M).

Growth In July 2024, the increase in Chile's year-by-year exports to Japan was explained primarily by an increase in product exports in Molybdenum Ore ($19.4M or 39.7%), Sawn Wood ($6.12M or 369%), and Carbonates ($5.24M or 71.9%). In July 2024, the increase in Chile's year-by-year imports  from Japan was explained primarily by an increase in product imports  in Fishing and Hunting Equipment ($242k or 1.25k%), Motor-working Tools ($223k or 605%), and Computers ($181k or 528%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$181M(33.1%)
IMPORT GROWTH (July 2023 - July 2024)$4.73M(29.6%)
MAIN EXPORTER (July 2024)Las Condes$452M

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 Japan and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $7.43B to Japan. The main products exported from Chile to Japan were Copper Ore ($3.96B), Non-fillet Frozen Fish ($709M), and Molybdenum Ore ($532M). During the last 5 years the exports of Chile to Japan have increased at an annualized rate of 3.18%, from $6.35B in 2017 to $7.43B in 2022.

In 2017, Japan exported $2.45B to Chile. The main products exported from Japan to Chile were Refined Petroleum ($773M), Cars ($563M), and Rubber Tires ($171M). During the last 5 years the exports of Japan to Chile have increased at an annualized rate of 3.08%, from $1.81B in 2022 to $2.45B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Chile than Japan included Bolivia ($1.21B), Peru ($1.84B), and Paraguay ($509M).

In 2022, countries that imported more from Japan than Chile included United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Chile - Japan

Flow
Scale

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

During 2022, Chile had a large net trade with Japan in the exports of Mineral Products ($4.55B), Animal Products ($1.35B), and Chemical Products ($595M).

During 2017, Japan had a large net trade with Chile in the exports of Transportation ($796M), Mineral Products ($781M), and Machines ($292M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Japan+$45MIron Ore
Top Product Potential Japan Chile+$116MCars

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

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

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