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Pricing

2022
Flag → Flag
Exports $461MRnk 25 / 185
2022
Flag → Flag
Top Product $249MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $65.3MRnk 93 / 138
2022
Flag → Flag
Top Product $23.2MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Chile-Russia Trade: In 2022, Chile exported $461M to Russia. The main products that Chile exported to Russia were Non-fillet Frozen Fish ($249M), Fish Fillets ($40.9M), and Processed Crustaceans ($29.3M). Over the past 5 years the exports of Chile to Russia have decreased at an annualized rate of 10.4%, from $797M in 2017 to $461M in 2022.

In 2009, Chile exported services to Russia worth $3.69M, with Transportation ($3.69M) being the largest in terms of value.

Russia-Chile Trade: In 2022, Russia exported $65.3M to Chile. The main products that Russia exported to Chile were Nitrogenous Fertilizers ($23.2M), Delivery Trucks ($12.4M), and Kraft Paper ($6.42M). Over the past 5 years the exports of Russia to Chile have decreased at an annualized rate of 4.11%,  from $91.3M in 2017 to $65.3M in 2022.

In 2020, Russia exported services to Chile worth $3.26M, with Other business services ($1.4M), Transportation ($862k), and Travel ($516k) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Latest Trends

August, 2024

About

Overview In August 2024, Chile exported $21.4M and imported $97.9k from Russia, resulting in a positive trade balance of $21.3M. Between August 2023 and August 2024 the exports of Chile have decreased by $-28.7M (-57.2%) from $50.1M to $21.4M, while imports increased by $75k (328%) from $22.9k to $97.9k.

Trade In August 2024, the top exports of Chile to Russia were Non-fillet Frozen Fish ($23.6M), Non-Iron and Steel Slag, Ash and... ($4.19M), Fish Fillets ($3.26M), Wine ($2.92M), and Processed Crustaceans ($2.35M). In August 2024 the top imports of Chile from Russia were Laboratory Reagents ($24.8k), Recreational Boats ($10k), Computers ($9.23k), and Beauty Products ($8.49k).

Origins In August 2024 the exports of Chile were mainly from Puerto Montt ($5.89M), Vitacura ($2.43M), Las Condes ($2.43M), Puerto Varas ($2.22M), and Quellón ($2.11M), while imports destinations were mainly Providencia ($72k) and Las Condes ($25.9k).

Growth In August 2024, the decrease in Chile's year-by-year exports to Russia was explained primarily by an decrease in product exports in Non-Iron and Steel Slag, Ash and... ($-4M or -48.8%), Non-fillet Frozen Fish ($-2.21M or -8.56%), and Dried Fruits ($-1.6M or -68.4%). In August 2024, the increase in Chile's year-by-year imports  from Russia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-28.7M(-57.2%)
IMPORT GROWTH (August 2023 - August 2024)$75k(328%)
MAIN EXPORTER (August 2024)Puerto Montt$5.89M

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 Russia and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Russia and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $461M to Russia. The main products exported from Chile to Russia were Non-fillet Frozen Fish ($249M), Fish Fillets ($40.9M), and Processed Crustaceans ($29.3M). During the last 5 years the exports of Chile to Russia have decreased at an annualized rate of 10.4%, from $797M in 2017 to $461M in 2022.

In 2017, Russia exported $65.3M to Chile. The main products exported from Russia to Chile were Nitrogenous Fertilizers ($23.2M), Delivery Trucks ($12.4M), and Kraft Paper ($6.42M). During the last 5 years the exports of Russia to Chile have decreased at an annualized rate of 4.11%, from $91.3M in 2022 to $65.3M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Chile than Russia included Peru ($1.84B), Bolivia ($1.21B), and Mexico ($1.77B).

In 2022, countries that imported more from Russia than Chile included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Chile - Russia

Flow
Scale

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

During 2022, Chile had a large net trade with Russia in the exports of Animal Products ($294M), Foodstuffs ($61.6M), and Vegetable Products ($53.7M).

During 2017, Russia had a large net trade with Chile in the exports of Chemical Products ($31.5M), Transportation ($14.1M), and Paper Goods ($7.86M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Russia+$10.8MWine
Top Product Potential Russia Chile+$8.29MNitrogenous Fertilizers

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

Chl Year

In 2009, Chile exported services to Russia worth $3.69M, with Transportation ($3.69M) being the largest in terms of value.

In 2020, Russia exported services to Chile worth $3.26M, with Other business services ($1.4M), Transportation ($862k), and Travel ($516k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Chile (Flag) to Russia (Flag) (2009)

Services Exports from Russia (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 Russia. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Chile.

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

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