NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $146MRnk 43 / 183
2023
Flag → Flag
Top Product $80.3MRefined Copper
2023
Flag → Flag
Exports $498MRnk 45 / 216
2023
Flag → Flag
Top Product $42.2MOther Construction Vehicles
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 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$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Chile-Sweden Trade: In 2023, Chile exported $146M to Sweden. The main products that Chile exported to Sweden were Refined Copper ($80.3M), Copper Ore ($20.9M), and Wine ($17.2M). Over the past 5 years the exports of Chile to Sweden have increased at an annualized rate of 7.65%, from $101M in 2018 to $146M in 2023.

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

Sweden-Chile Trade: In 2023, Sweden exported $498M to Chile. The main products that Sweden exported to Chile were Other Construction Vehicles ($42.2M), Buses ($35.7M), and Excavation Machinery ($34.3M). Over the past 5 years the exports of Sweden to Chile have increased at an annualized rate of 1.54%,  from $461M in 2018 to $498M in 2023.

In 2020, Sweden exported services to Chile worth $269M, with Personal, cultural, and recreational services ($126M), Transportation ($74.2M), and Other business services ($29.5M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $4.82M and imported $36.7M from Sweden, resulting in a negative trade balance of $31.9M. Between November 2023 and November 2024 the exports of Chile have decreased by $-15.4M (-76.1%) from $20.2M to $4.82M, while imports decreased by $-343M (-90.3%) from $380M to $36.7M.

Trade In November 2024, the top exports of Chile to Sweden were Wine ($1.58M), Commodities not elsewhere specified ($541k), Plywood ($291k), Dried Fruits ($235k), and Other Nuts ($157k). In November 2024 the top imports of Chile from Sweden were Excavation Machinery ($17.9M), Valves ($8.98M), Transmissions ($5.44M), Other Rubber Products ($5.33M), and Centrifuges ($4.93M).

Origins In November 2024 the exports of Chile were mainly from Las Condes ($1.07M), San Bernardo ($762k), Pirque ($518k), Vitacura ($474k), and San Fernando ($427k), while imports destinations were mainly Conchalí ($21.6M), Las Condes ($6.15M), Quilicura ($2.73M), Pudahuel ($1.64M), and Coronel ($653k).

Growth In November 2024, the decrease in Chile's year-by-year exports to Sweden was explained primarily by an decrease in product exports in Wine ($-187k or -10.6%), Processed Tomatoes ($-31.9k or -32.8%), and Grapes ($-27.1k or -68%). In November 2024, the decrease in Chile's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Excavation Machinery ($-18.4M or -50.8%), Transmissions ($-5.29M or -49.3%), and Centrifuges ($-3.03M or -38.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-15.4M(-76.1%)
IMPORT GROWTH (November 2023 - November 2024)$-343M(-90.3%)
MAIN EXPORTER (November 2024)Las Condes$1.07M

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 Sweden and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sweden and Chile Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $146M to Sweden. The main products exported from Chile to Sweden were Refined Copper ($80.3M), Copper Ore ($20.9M), and Wine ($17.2M). During the last 5 years the exports of Chile to Sweden have increased at an annualized rate of 7.65%, from $101M in 2018 to $146M in 2023.

In 2018, Sweden exported $498M to Chile. The main products exported from Sweden to Chile were Other Construction Vehicles ($42.2M), Buses ($35.7M), and Excavation Machinery ($34.3M). During the last 5 years the exports of Sweden to Chile have increased at an annualized rate of 1.54%, from $461M in 2023 to $498M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Chile than Sweden included China ($38.2B), Japan ($7.1B), and South Korea ($6.02B).

In 2023, countries that imported more from Sweden than Chile included Germany ($18.4B), Denmark ($14.4B), and Norway ($10.9B).

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

Comparative Advantage Chile - Sweden

Flow
Scale

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

During 2023, Chile had a large net trade with Sweden in the exports of Metals ($80.7M), Mineral Products ($20.9M), and Foodstuffs ($19.4M).

During 2018, Sweden had a large net trade with Chile in the exports of Machines ($280M), Transportation ($80.9M), and Metals ($43.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Sweden+$18.5MCopper Ore
Top Product Potential Sweden Chile+$26.4MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Sweden exported services to Chile worth $269M, with Personal, cultural, and recreational services ($126M), Transportation ($74.2M), and Other business services ($29.5M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms