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
$40.9BCURRENT US$
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2013-2023
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GDP GROWTH
84.6%CURRENT US$
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2023
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GDP PC 
$17,068CURRENT US$
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2013-2023
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GDP PC GROWTH
8.83%CURRENT US$
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2023
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GDP PC
$1,378CURRENT US$
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2013-2023
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GDP PC GROWTH
71.5%CURRENT US$
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About

Chile-Nepal Trade: In 2023, Chile exported $205k to Nepal. The main products that Chile exported to Nepal were Other Nuts ($104k), Wine ($98.6k), and Other Pure Vegetable Oils ($1.9k). Over the past 5 years the exports of Chile to Nepal have decreased at an annualized rate of 32%, from $1.41M in 2018 to $205k in 2023.

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

Nepal-Chile Trade: In 2023, Nepal exported $202k to Chile. The main products that Nepal exported to Chile were Metal-Rolling Mills ($23.6k), Other Iron Products ($21.2k), and Electric Motors ($18.7k). Over the past 5 years the exports of Nepal to Chile have decreased at an annualized rate of 1.57%,  from $229k in 2018 to $202k in 2023.

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

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). That same year, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $205k to Nepal. The main products exported from Chile to Nepal were Other Nuts ($104k), Wine ($98.6k), and Other Pure Vegetable Oils ($1.9k). During the last 5 years the exports of Chile to Nepal have decreased at an annualized rate of 32%, from $1.41M in 2018 to $205k in 2023.

In 2018, Nepal exported $202k to Chile. The main products exported from Nepal to Chile were Metal-Rolling Mills ($23.6k), Other Iron Products ($21.2k), and Electric Motors ($18.7k). During the last 5 years the exports of Nepal to Chile have decreased at an annualized rate of 1.57%, from $229k in 2023 to $202k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Chile than Nepal included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Nepal than Chile included Seychelles ($17.8k).

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

Comparative Advantage Chile - Nepal

Flow
Scale

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

During 2023, Chile had a large net trade with Nepal in the exports of Vegetable Products ($104k), Foodstuffs ($98.6k), and Animal and Vegetable Bi-Products ($1.9k).

During 2018, Nepal had a large net trade with Chile in the exports of Machines ($66.9k), Metals ($38.8k), and Instruments ($25.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Nepal+$215kOther Nuts
Top Product Potential Nepal Chile+$66.3kNon-Knit Women's Suits

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

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

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