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2022
Flag → Flag
Exports $167MRnk 40 / 185
2022
Flag → Flag
Top Product $10.3MProcessed Tomatoes
2022
Flag → Flag
Exports $200MRnk 11 / 168
2022
Flag → Flag
Top Product $46.7MBovine Meat
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 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$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Chile-Uruguay Trade: In 2022, Chile exported $167M to Uruguay. The main products that Chile exported to Uruguay were Processed Tomatoes ($10.3M), Fish Fillets ($8.51M), and Wine ($8.04M). Over the past 5 years the exports of Chile to Uruguay have increased at an annualized rate of 3.04%, from $144M in 2017 to $167M in 2022.

In 2009, Chile exported services to Uruguay worth $126M, with Transportation ($126M) being the largest in terms of value.

Uruguay-Chile Trade: In 2022, Uruguay exported $200M to Chile. The main products that Uruguay exported to Chile were Bovine Meat ($46.7M), Wheat ($16.1M), and Rapeseed Oil ($11.4M). Over the past 5 years the exports of Uruguay to Chile have increased at an annualized rate of 13.6%,  from $106M in 2017 to $200M in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Latest Trends

September, 2024

About

Overview In September 2024, Chile exported $14.1M and imported $87.3M from Uruguay, resulting in a negative trade balance of $73.2M. Between September 2023 and September 2024 the exports of Chile have increased by $3.17M (29%) from $10.9M to $14.1M, while imports increased by $1.16M (1.35%) from $86.1M to $87.3M.

Trade In September 2024, the top exports of Chile to Uruguay were Commodities not elsewhere specified ($6.07M), Fish Fillets ($1.12M), Processed Tomatoes ($1.1M), Tropical Fruits ($617k), and Glass Bottles ($587k). In September 2024 the top imports of Chile from Uruguay were Knit Sweaters ($20.1M), Bovine Meat ($19.6M), Valves ($10.9M), Packaged Medicaments ($10.6M), and Laboratory Reagents ($4.26M).

Origins In September 2024 the exports of Chile were mainly from Las Condes ($1.64M), Punta Arenas ($1.64M), Santiago ($1.28M), Vitacura ($1.11M), and Quilicura ($926k), while imports destinations were mainly Las Condes ($17M), Providencia ($15.9M), Quilicura ($14.8M), Pudahuel ($9.48M), and Huechuraba ($9.1M).

Growth In September 2024, the increase in Chile's year-by-year exports to Uruguay was explained primarily by an increase in product exports in Commodities not elsewhere specified ($4.95M or 441%), Processed Tomatoes ($737k or 205%), and Glass Bottles ($467k or 391%). In September 2024, the increase in Chile's year-by-year imports  from Uruguay was explained primarily by an increase in product imports  in Valves ($8.7M or 397%), Bovine Meat ($3.91M or 24.9%), and Laboratory Reagents ($3.39M or 390%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$3.17M(29%)
IMPORT GROWTH (September 2023 - September 2024)$1.16M(1.35%)
MAIN EXPORTER (September 2024)Las Condes$1.64M

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 Uruguay and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uruguay and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $167M to Uruguay. The main products exported from Chile to Uruguay were Processed Tomatoes ($10.3M), Fish Fillets ($8.51M), and Wine ($8.04M). During the last 5 years the exports of Chile to Uruguay have increased at an annualized rate of 3.04%, from $144M in 2017 to $167M in 2022.

In 2017, Uruguay exported $200M to Chile. The main products exported from Uruguay to Chile were Bovine Meat ($46.7M), Wheat ($16.1M), and Rapeseed Oil ($11.4M). During the last 5 years the exports of Uruguay to Chile have increased at an annualized rate of 13.6%, from $106M in 2022 to $200M in 2017.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Uruguay
Top DestinationChina$2.89B

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

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

In 2022, countries that imported more from Uruguay than Chile included Algeria ($229M), Egypt ($151M), and Argentina ($999M).

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

Comparative Advantage Chile - Uruguay

Flow
Scale

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

During 2022, Chile had a large net trade with Uruguay in the exports of Foodstuffs ($29.4M), Textiles ($19.2M), and Vegetable Products ($16.3M).

During 2017, Uruguay had a large net trade with Chile in the exports of Animal Products ($71.1M), Vegetable Products ($32.4M), and Chemical Products ($21.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Uruguay+$2.16MRefined Petroleum
Top Product Potential Uruguay Chile+$5.42MDelivery Trucks

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

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

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