2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Chile-Ukraine Trade: In 2022, Chile exported $28.5M to Ukraine. The main products that Chile exported to Ukraine were Sunflower Seeds ($5.59M), Processed Crustaceans ($5.54M), and Non-fillet Frozen Fish ($3.35M). Over the past 5 years the exports of Chile to Ukraine have decreased at an annualized rate of 4.36%, from $35.6M in 2017 to $28.5M in 2022.

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

Ukraine-Chile Trade: In 2022, Ukraine exported $9.99M to Chile. The main products that Ukraine exported to Chile were Electric Heaters ($1.7M), Ferroalloys ($1.04M), and Refined Petroleum ($963k). Over the past 5 years the exports of Ukraine to Chile have increased at an annualized rate of 10.4%,  from $6.1M in 2017 to $9.99M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $28.5M to Ukraine. The main products exported from Chile to Ukraine were Sunflower Seeds ($5.59M), Processed Crustaceans ($5.54M), and Non-fillet Frozen Fish ($3.35M). During the last 5 years the exports of Chile to Ukraine have decreased at an annualized rate of 4.36%, from $35.6M in 2017 to $28.5M in 2022.

In 2017, Ukraine exported $9.99M to Chile. The main products exported from Ukraine to Chile were Electric Heaters ($1.7M), Ferroalloys ($1.04M), and Refined Petroleum ($963k). During the last 5 years the exports of Ukraine to Chile have increased at an annualized rate of 10.4%, from $6.1M in 2022 to $9.99M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Chile than Ukraine included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Ukraine than Chile included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Chile - Ukraine

Flow
Scale

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

During 2022, Chile had a large net trade with Ukraine in the exports of Vegetable Products ($12.5M), Foodstuffs ($6.92M), and Chemical Products ($4.44M).

During 2017, Ukraine had a large net trade with Chile in the exports of Machines ($3.51M), Metals ($1.49M), and Foodstuffs ($997k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Ukraine+$2.25MNon-fillet Frozen Fish
Top Product Potential Ukraine Chile+$1.7MTelephones

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

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

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