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
$351BCURRENT US$
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2013-2023
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GDP GROWTH
84.8%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
$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
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About

Chile-Romania Trade: In 2023, Chile exported $12.6M to Romania. The main products that Chile exported to Romania were Pig Meat ($3.68M), Corn ($3.13M), and Processed Crustaceans ($1.89M). Over the past 5 years the exports of Chile to Romania have decreased at an annualized rate of 0.18%, from $12.7M in 2018 to $12.6M in 2023.

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

Romania-Chile Trade: In 2023, Romania exported $29M to Chile. The main products that Romania exported to Chile were Ball Bearings ($2.66M), Seats ($1.6M), and Electrical Control Boards ($1.6M). Over the past 5 years the exports of Romania to Chile have decreased at an annualized rate of 18.1%,  from $78.7M in 2018 to $29M in 2023.

In 2020, Romania exported services to Chile worth $3.77M, with Computer and information services ($1.94M), Transportation ($1.14M), and Other business services ($457k) being the largest in terms of value.

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $12.6M to Romania. The main products exported from Chile to Romania were Pig Meat ($3.68M), Corn ($3.13M), and Processed Crustaceans ($1.89M). During the last 5 years the exports of Chile to Romania have decreased at an annualized rate of 0.18%, from $12.7M in 2018 to $12.6M in 2023.

In 2018, Romania exported $29M to Chile. The main products exported from Romania to Chile were Ball Bearings ($2.66M), Seats ($1.6M), and Electrical Control Boards ($1.6M). During the last 5 years the exports of Romania to Chile have decreased at an annualized rate of 18.1%, from $78.7M in 2023 to $29M in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Romania
Top Destination
Germany$19.9B

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

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

In 2023, countries that imported more from Romania than Chile included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Chile - Romania

Flow
Scale

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

During 2023, Chile had a large net trade with Romania in the exports of Animal Products ($4.8M), Vegetable Products ($4.43M), and Foodstuffs ($3.02M).

During 2018, Romania had a large net trade with Chile in the exports of Machines ($12.4M), Plastics and Rubbers ($3.49M), and Instruments ($3.34M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Romania+$969kNon-fillet Frozen Fish
Top Product Potential Romania Chile+$18.6MCars

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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Bilateral Service Trade

In 2020, Romania exported services to Chile worth $3.77M, with Computer and information services ($1.94M), Transportation ($1.14M), and Other business services ($457k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Chile (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and Romania. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Chile.

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

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