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2023
Flag → Flag
Exports $692MRnk 22 / 183
2023
Flag → Flag
Top Product $362MRefined Copper
2023
Flag → Flag
Exports $594MRnk 45 / 216
2023
Flag → Flag
Top Product $157MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Chile-Thailand Trade: In 2023, Chile exported $692M to Thailand. The main products that Chile exported to Thailand were Refined Copper ($362M), Non-fillet Frozen Fish ($88.8M), and Dissolving Grades Chemical Woodpulp ($53.7M). Over the past 5 years the exports of Chile to Thailand have increased at an annualized rate of 9.37%, from $442M in 2018 to $692M in 2023.

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

Thailand-Chile Trade: In 2023, Thailand exported $594M to Chile. The main products that Thailand exported to Chile were Delivery Trucks ($157M), Processed Fish ($58M), and Cars ($49.6M). Over the past 5 years the exports of Thailand to Chile have decreased at an annualized rate of 10.1%,  from $1.01B in 2018 to $594M in 2023.

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

Comparison: In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $66.8M and imported $6.4M from Thailand, resulting in a positive trade balance of $60.4M. Between November 2023 and November 2024 the exports of Chile have increased by $10.6M (18.9%) from $56.1M to $66.8M, while imports increased by $594k (10.2%) from $5.8M to $6.4M.

Trade In November 2024, the top exports of Chile to Thailand were Refined Copper ($14.3M), Non-fillet Frozen Fish ($11.1M), Molybdenum Ore ($9.27M), Pitted Fruits ($5.82M), and Dissolving Grades Chemical Woodpulp ($2.84M). In November 2024 the top imports of Chile from Thailand were Jewellery ($921k), Cellulose ($179k), Processed Fish ($155k), Other Processed Fruits and Nuts ($102k), and Flavored Water ($64.7k).

Origins In November 2024 the exports of Chile were mainly from Las Condes ($38.2M), Santiago ($14.1M), Puerto Montt ($5.91M), Providencia ($1.6M), and San Bernardo ($792k), while imports destinations were mainly Concepción ($2.74M), Santiago ($1.19M), Las Condes ($826k), Vitacura ($388k), and Recoleta ($347k).

Growth In November 2024, the increase in Chile's year-by-year exports to Thailand was explained primarily by an increase in product exports in Pitted Fruits ($1.99M or 52.1%), Sulfate Chemical Woodpulp ($1.58M or 398%), and Non-fillet Frozen Fish ($1.18M or 11.9%). In November 2024, the increase in Chile's year-by-year imports  from Thailand was explained primarily by an increase in product imports  in Other Processed Fruits and Nuts ($22.2k or 27.9%) and Motor vehicles; parts and accessories (8701... ($1.78k or 62.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$10.6M(18.9%)
IMPORT GROWTH (November 2023 - November 2024)$594k(10.2%)
MAIN EXPORTER (November 2024)Las Condes$38.2M

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 Thailand and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Thailand and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $692M to Thailand. The main products exported from Chile to Thailand were Refined Copper ($362M), Non-fillet Frozen Fish ($88.8M), and Dissolving Grades Chemical Woodpulp ($53.7M). During the last 5 years the exports of Chile to Thailand have increased at an annualized rate of 9.37%, from $442M in 2018 to $692M in 2023.

In 2018, Thailand exported $594M to Chile. The main products exported from Thailand to Chile were Delivery Trucks ($157M), Processed Fish ($58M), and Cars ($49.6M). During the last 5 years the exports of Thailand to Chile have decreased at an annualized rate of 10.1%, from $1.01B in 2023 to $594M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Chile than Thailand included Brazil ($4.4B), Bolivia ($1.36B), and Peru ($1.45B).

In 2023, countries that imported more from Thailand than Chile included United States ($58.5B), Japan ($24.9B), and Australia ($13.5B).

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

Comparative Advantage Chile - Thailand

Flow
Scale

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

During 2023, Chile had a large net trade with Thailand in the exports of Metals ($381M), Animal Products ($99.6M), and Paper Goods ($81.4M).

During 2018, Thailand had a large net trade with Chile in the exports of Transportation ($224M), Machines ($161M), and Foodstuffs ($77.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Thailand+$6.63MFish Fillets
Top Product Potential Thailand Chile+$43.3MCars

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

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

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