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2022
Flag → Flag
Exports $65.2MRnk 58 / 185
2022
Flag → Flag
Top Product $13.4MSulfate Chemical Woodpulp
2022
Flag → Flag
Exports $124MRnk 52 / 208
2022
Flag → Flag
Top Product $14.8MOther Heating Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Chile-Portugal Trade: In 2022, Chile exported $65.2M to Portugal. The main products that Chile exported to Portugal were Sulfate Chemical Woodpulp ($13.4M), Grapes ($7.53M), and Fish Fillets ($7.5M). Over the past 5 years the exports of Chile to Portugal have increased at an annualized rate of 1.47%, from $60.6M in 2017 to $65.2M in 2022.

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

Portugal-Chile Trade: In 2022, Portugal exported $124M to Chile. The main products that Portugal exported to Chile were Other Heating Machinery ($14.8M), Natural Cork Articles ($12.8M), and Raw Plastic Sheeting ($6.23M). Over the past 5 years the exports of Portugal to Chile have decreased at an annualized rate of 4.52%,  from $157M in 2017 to $124M in 2022.

In 2003, Portugal exported services to Chile worth $2.07M, with Services not allocated ($2.07M) being the largest in terms of value.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $6.09M and imported $10.9M from Portugal, resulting in a negative trade balance of $4.78M. Between July 2023 and July 2024 the exports of Chile have decreased by $-668k (-9.89%) from $6.75M to $6.09M, while imports increased by $6.87M (172%) from $3.99M to $10.9M.

Trade In July 2024, the top exports of Chile to Portugal were Other Nuts ($333k), Forage Crops ($219k), Processed Crustaceans ($219k), Processed Tomatoes ($152k), and Dried Fruits ($102k). In July 2024 the top imports of Chile from Portugal were Sports Equipment ($282k), Twine and Rope ($75.8k), Light Fixtures ($47.4k), Ball Bearings ($44.7k), and Metal Molds ($42k).

Origins In July 2024 the exports of Chile were mainly from Puerto Montt ($846k), Providencia ($709k), Las Condes ($600k), Valparaíso ($433k), and Santiago ($419k), while imports destinations were mainly Providencia ($9.42M), San Joaquín ($224k), Los Ángeles ($212k), Renca ($211k), and Santiago ($189k).

Growth In July 2024, the decrease in Chile's year-by-year exports to Portugal was explained primarily by an decrease in product exports in . In July 2024, the increase in Chile's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Sports Equipment ($84.1k or 42.6%), Ball Bearings ($23.2k or 108%), and Chemical Analysis Instruments ($18.3k or 130%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-668k(-9.89%)
IMPORT GROWTH (July 2023 - July 2024)$6.87M(172%)
MAIN EXPORTER (July 2024)Puerto Montt$846k

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 Portugal and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Portugal and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $65.2M to Portugal. The main products exported from Chile to Portugal were Sulfate Chemical Woodpulp ($13.4M), Grapes ($7.53M), and Fish Fillets ($7.5M). During the last 5 years the exports of Chile to Portugal have increased at an annualized rate of 1.47%, from $60.6M in 2017 to $65.2M in 2022.

In 2017, Portugal exported $124M to Chile. The main products exported from Portugal to Chile were Other Heating Machinery ($14.8M), Natural Cork Articles ($12.8M), and Raw Plastic Sheeting ($6.23M). During the last 5 years the exports of Portugal to Chile have decreased at an annualized rate of 4.52%, from $157M in 2022 to $124M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Chile than Portugal included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Portugal than Chile included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Chile - Portugal

Flow
Scale

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

During 2022, Chile had a large net trade with Portugal in the exports of Vegetable Products ($23.7M), Animal Products ($16.4M), and Paper Goods ($13.4M).

During 2017, Portugal had a large net trade with Chile in the exports of Machines ($36.8M), Wood Products ($18.2M), and Metals ($13.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Portugal+$4.37MNon-fillet Frozen Fish
Top Product Potential Portugal Chile+$3.58MPackaged Medicaments

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

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

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