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2022
Flag → Flag
Exports $1.77BRnk 8 / 185
2022
Flag → Flag
Top Product $175MFish Fillets
2022
Flag → Flag
Exports $1.97BRnk 17 / 156
2022
Flag → Flag
Top Product $195MCars
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 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$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Chile-Mexico Trade: In 2022, Chile exported $1.77B to Mexico. The main products that Chile exported to Mexico were Fish Fillets ($175M), Mixed Mineral or Chemical Fertilizers ($156M), and Sawn Wood ($129M). Over the past 5 years the exports of Chile to Mexico have increased at an annualized rate of 7.71%, from $1.22B in 2017 to $1.77B in 2022.

In 2009, Chile exported services to Mexico worth $130M, with Transportation ($68.2M), Travel ($31.8M), and Computer and information services ($17.6M) being the largest in terms of value.

Mexico-Chile Trade: In 2022, Mexico exported $1.97B to Chile. The main products that Mexico exported to Chile were Cars ($195M), Delivery Trucks ($157M), and Video Displays ($147M). Over the past 5 years the exports of Mexico to Chile have decreased at an annualized rate of 0.7%,  from $2.04B in 2017 to $1.97B in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Latest Trends

September, 2024

About

Overview In September 2024, Chile exported $134M and imported $40.6M from Mexico, resulting in a positive trade balance of $93.2M. Between September 2023 and September 2024 the exports of Chile have decreased by $-738k (-0.55%) from $135M to $134M, while imports increased by $15.4M (61.2%) from $25.2M to $40.6M.

Trade In September 2024, the top exports of Chile to Mexico were Mixed Mineral or Chemical Fertilizers ($29.5M), Fish Fillets ($16.5M), Poultry Meat ($11.3M), Sawn Wood ($6.81M), and Onions ($6.62M). In September 2024 the top imports of Chile from Mexico were Motor vehicles; parts and accessories (8701... ($1.36M), Transmissions ($1.19M), Interchangeable Tool Parts ($983k), Valves ($845k), and Gaskets ($816k).

Origins In September 2024 the exports of Chile were mainly from Las Condes ($41.5M), Santiago ($20M), Rancagua ($8.77M), Puerto Montt ($7.02M), and Buin ($5.21M), while imports destinations were mainly Las Condes ($21.2M), Providencia ($3.83M), Colina ($2.57M), Quilicura ($2.4M), and Vitacura ($1.9M).

Growth In September 2024, the decrease in Chile's year-by-year exports to Mexico was explained primarily by an decrease in product exports in Refined Copper ($-10.5M or -71.7%), Onions ($-4.92M or -42.7%), and Sawn Wood ($-1.47M or -17.7%). In September 2024, the increase in Chile's year-by-year imports  from Mexico was explained primarily by an increase in product imports  in Interchangeable Tool Parts ($810k or 471%), Valves ($737k or 680%), and Gaskets ($718k or 728%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-738k(-0.55%)
IMPORT GROWTH (September 2023 - September 2024)$15.4M(61.2%)
MAIN EXPORTER (September 2024)Las Condes$41.5M

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 Mexico and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mexico and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.77B to Mexico. The main products exported from Chile to Mexico were Fish Fillets ($175M), Mixed Mineral or Chemical Fertilizers ($156M), and Sawn Wood ($129M). During the last 5 years the exports of Chile to Mexico have increased at an annualized rate of 7.71%, from $1.22B in 2017 to $1.77B in 2022.

In 2017, Mexico exported $1.97B to Chile. The main products exported from Mexico to Chile were Cars ($195M), Delivery Trucks ($157M), and Video Displays ($147M). During the last 5 years the exports of Mexico to Chile have decreased at an annualized rate of 0.7%, from $2.04B in 2022 to $1.97B in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Mexico
Top DestinationUnited States$421B

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

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

In 2022, countries that imported more from Mexico than Chile included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

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

Comparative Advantage Chile - Mexico

Flow
Scale

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

During 2022, Chile had a large net trade with Mexico in the exports of Animal Products ($378M), Wood Products ($279M), and Chemical Products ($267M).

During 2017, Mexico had a large net trade with Chile in the exports of Machines ($462M), Transportation ($456M), and Chemical Products ($404M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Mexico+$42MRefined Copper
Top Product Potential Mexico Chile+$158MCars

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

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

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