2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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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
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Chile-Malaysia Trade: In 2022, Chile exported $305M to Malaysia. The main products that Chile exported to Malaysia were Refined Copper ($144M), Copper Ore ($56.8M), and Non-fillet Frozen Fish ($19.5M). Over the past 5 years the exports of Chile to Malaysia have increased at an annualized rate of 8.74%, from $200M in 2017 to $305M in 2022.

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

Malaysia-Chile Trade: In 2022, Malaysia exported $266M to Chile. The main products that Malaysia exported to Chile were Nitrogenous Fertilizers ($32.9M), Rubber Apparel ($19.5M), and Other Furniture ($17.7M). Over the past 5 years the exports of Malaysia to Chile have increased at an annualized rate of 3.57%,  from $223M in 2017 to $266M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $305M to Malaysia. The main products exported from Chile to Malaysia were Refined Copper ($144M), Copper Ore ($56.8M), and Non-fillet Frozen Fish ($19.5M). During the last 5 years the exports of Chile to Malaysia have increased at an annualized rate of 8.74%, from $200M in 2017 to $305M in 2022.

In 2017, Malaysia exported $266M to Chile. The main products exported from Malaysia to Chile were Nitrogenous Fertilizers ($32.9M), Rubber Apparel ($19.5M), and Other Furniture ($17.7M). During the last 5 years the exports of Malaysia to Chile have increased at an annualized rate of 3.57%, from $223M in 2022 to $266M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from Chile than Malaysia included Brazil ($4.55B), Peru ($1.84B), and Bolivia ($1.21B).

In 2022, countries that imported more from Malaysia than Chile included Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

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

Comparative Advantage Chile - Malaysia

Flow
Scale

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

During 2022, Chile had a large net trade with Malaysia in the exports of Metals ($149M), Mineral Products ($76.5M), and Animal Products ($23.9M).

During 2017, Malaysia had a large net trade with Chile in the exports of Machines ($53.5M), Chemical Products ($51.6M), and Animal and Vegetable Bi-Products ($37.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Malaysia+$41.5MRefined Copper
Top Product Potential Malaysia Chile+$18.7MTelephones

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

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

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