2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
Flag
 GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$15,356CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
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2022
Flag
GDP PC
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Chile-Singapore In 2022, Chile exported $252M to Singapore. The main products that Chile exported to Singapore are Refined Petroleum ($111M), Fish Fillets ($27.2M), and Silver ($21.2M). During the last 27 years the exports of Chile to Singapore have increased at an annualized rate of 3.22%, from $107M in 1995 to $252M in 2022.

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

Singapore-Chile In 2022, Singapore exported $163M to Chile. The main products that Singapore exported to Chile were Gas Turbines ($67.2M), Other Edible Preparations ($15.5M), and Orthopedic Appliances ($10.2M). During the last 27 years the exports of Singapore to Chile have increased at an annualized rate of 2.96%, from $74.1M in 1995 to $163M in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $252M to Singapore. The main products exported from Chile to Singapore were Refined Petroleum ($111M), Fish Fillets ($27.2M), and Silver ($21.2M). During the last 27 years the exports of Chile to Singapore have increased at an annualized rate of 3.22%, from $107M in 1995 to $252M in 2022.

In 2022, Singapore exported $163M to Chile. The main products exported from Singapore to Chile were Gas Turbines ($67.2M), Other Edible Preparations ($15.5M), and Orthopedic Appliances ($10.2M). During the last 27 years the exports of Singapore to Chile have increased at an annualized rate of 2.96%, from $74.1M in 1995 to $163M in 2022.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from Chile than Singapore were Brazil ($4.55B), Peru ($1.84B), and Bolivia ($1.21B).

In 2021, countries that imported more from Singapore than Chile were Hong Kong ($51.6B), Malaysia ($35.9B), and Indonesia ($22.5B).

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

Comparative Advantage Chile - Singapore

Flow
Scale

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

During 2022, Chile had a large net trade with Singapore in the exports of Mineral Products ($125M), Animal Products ($46.3M), and Foodstuffs ($24.2M).

During 2022, Singapore had a large net trade with Chile in the exports of Machines ($84.9M), Foodstuffs ($23.8M), and Instruments ($20.8M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Chile has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Chile.

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

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