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2023
Flag → Flag
Exports $117MRnk 48 / 183
2023
Flag → Flag
Top Product $54.2MCopper Ore
2023
Flag → Flag
Exports $62.3MRnk 46 / 201
2023
Flag → Flag
Top Product $24.7MOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Chile-Philippines Trade: In 2023, Chile exported $117M to Philippines. The main products that Chile exported to Philippines were Copper Ore ($54.2M), Non-fillet Frozen Fish ($25.2M), and Kaolin Coated Paper ($6.8M). Over the past 5 years the exports of Chile to Philippines have increased at an annualized rate of 14.9%, from $58.5M in 2018 to $117M in 2023.

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

Philippines-Chile Trade: In 2023, Philippines exported $62.3M to Chile. The main products that Philippines exported to Chile were Office Machine Parts ($24.7M), Sulfuric Acid ($3.66M), and Video Displays ($2.9M). Over the past 5 years the exports of Philippines to Chile have decreased at an annualized rate of 8.7%,  from $98.2M in 2018 to $62.3M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $29.8M and imported $197k from Philippines, resulting in a positive trade balance of $29.6M. Between November 2023 and November 2024 the exports of Chile have increased by $25.4M (571%) from $4.44M to $29.8M, while imports decreased by $-589k (-75%) from $786k to $197k.

Trade In November 2024, the top exports of Chile to Philippines were Non-fillet Frozen Fish ($1.46M), Kaolin Coated Paper ($764k), Poultry Meat ($438k), Pitted Fruits ($418k), and Wine ($382k). In November 2024 the top imports of Chile from Philippines were Knit Socks and Hosiery ($225k), Fish Oil ($132k), Knit Women's Suits ($90.2k), Other Knit Garments ($90.2k), and Leather Apparel ($43.6k).

Origins In November 2024 the exports of Chile were mainly from Santiago ($25.5M), Puerto Montt ($2.29M), Rancagua ($547k), Las Condes ($302k), and Punta Arenas ($271k), while imports destinations were mainly Concepción ($144k), Las Condes ($42.9k), Providencia ($9.65k), and Cerrillos ($42.4).

Growth In November 2024, the increase in Chile's year-by-year exports to Philippines was explained primarily by an increase in product exports in Pitted Fruits ($174k or 71.4%), Wine ($107k or 39.1%), and Animal Fat ($97.9k or 465%). In November 2024, the decrease in Chile's year-by-year imports  from Philippines was explained primarily by an decrease in product imports  in Leather Apparel ($-293k or -87%) and Telephones ($-103k or -99.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$25.4M(571%)
IMPORT GROWTH (November 2023 - November 2024)$-589k(-75%)
MAIN EXPORTER (November 2024)Santiago$25.5M

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 Philippines and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Philippines and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $117M to Philippines. The main products exported from Chile to Philippines were Copper Ore ($54.2M), Non-fillet Frozen Fish ($25.2M), and Kaolin Coated Paper ($6.8M). During the last 5 years the exports of Chile to Philippines have increased at an annualized rate of 14.9%, from $58.5M in 2018 to $117M in 2023.

In 2018, Philippines exported $62.3M to Chile. The main products exported from Philippines to Chile were Office Machine Parts ($24.7M), Sulfuric Acid ($3.66M), and Video Displays ($2.9M). During the last 5 years the exports of Philippines to Chile have decreased at an annualized rate of 8.7%, from $98.2M in 2023 to $62.3M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Philippines
Top DestinationChina$19B

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

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

In 2023, countries that imported more from Philippines than Chile included Hong Kong ($11.7B), Singapore ($4.81B), and Japan ($11.4B).

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

Comparative Advantage Chile - Philippines

Flow
Scale

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

During 2023, Chile had a large net trade with Philippines in the exports of Mineral Products ($54.2M), Animal Products ($39.7M), and Paper Goods ($7.76M).

During 2018, Philippines had a large net trade with Chile in the exports of Machines ($36.9M), Chemical Products ($8.12M), and Textiles ($4.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Philippines+$24.5MCopper Ore
Top Product Potential Philippines Chile+$5.62MIndustrial Printers

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

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

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