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Pricing

2022
Flag → Flag
Exports $13.9BRnk 2 / 185
2022
Flag → Flag
Top Product $3.61BRefined Copper
2022
Flag → Flag
Exports $21.6BRnk 20 / 219
2022
Flag → Flag
Top Product $10.2BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Chile-United States Trade: In 2022, Chile exported $13.9B to United States. The main products that Chile exported to United States were Refined Copper ($3.61B), Fish Fillets ($2.7B), and Grapes ($578M). Over the past 5 years the exports of Chile to United States have increased at an annualized rate of 6.25%, from $10.2B in 2017 to $13.9B in 2022.

In 2022, Chile did not export any services to United States.

United States-Chile Trade: In 2022, United States exported $21.6B to Chile. The main products that United States exported to Chile were Refined Petroleum ($10.2B), Petroleum Gas ($1.18B), and Delivery Trucks ($447M). Over the past 5 years the exports of United States to Chile have increased at an annualized rate of 12.8%,  from $11.9B in 2017 to $21.6B in 2022.

In 2017, United States exported services to Chile worth $4.35B, with Travel ($1.14B), Transportation ($849M), and Financial services ($812M) being the largest in terms of value.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $1.65B and imported $1.62B from United States, resulting in a positive trade balance of $36.9M. Between July 2023 and July 2024 the exports of Chile have increased by $475M (40.3%) from $1.18B to $1.65B, while imports decreased by $-265M (-14.1%) from $1.88B to $1.62B.

Trade In July 2024, the top exports of Chile to United States were Fish Fillets ($218M), Refined Copper ($142M), Refined Petroleum ($89.5M), Other Fruits ($69.4M), and Commodities not elsewhere specified ($46.7M). In July 2024 the top imports of Chile from United States were Telephones ($399M), Computers ($161M), Medical Instruments ($128M), Special Pharmaceuticals ($63.1M), and Integrated Circuits ($59.9M).

Origins In July 2024 the exports of Chile were mainly from Las Condes ($491M), Santiago ($362M), Puerto Montt ($170M), Providencia ($85.2M), and Calama ($78.3M), while imports destinations were mainly Las Condes ($614M), Providencia ($286M), Quilicura ($125M), Santiago ($86.9M), and Conchalí ($85.6M).

Growth In July 2024, the increase in Chile's year-by-year exports to United States was explained primarily by an increase in product exports in Refined Petroleum ($89.1M or 22.4k%), Fish Fillets ($18.9M or 9.51%), and Pitted Fruits ($14.9M or 57.8%). In July 2024, the decrease in Chile's year-by-year imports  from United States was explained primarily by an decrease in product imports  in Medical Instruments ($-135M or -51.4%), Special Pharmaceuticals ($-56.2M or -47.1%), and Beauty Products ($-20M or -57.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$475M(40.3%)
IMPORT GROWTH (July 2023 - July 2024)$-265M(-14.1%)
MAIN EXPORTER (July 2024)Las Condes$491M

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 United States and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United States and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $13.9B to United States. The main products exported from Chile to United States were Refined Copper ($3.61B), Fish Fillets ($2.7B), and Grapes ($578M). During the last 5 years the exports of Chile to United States have increased at an annualized rate of 6.25%, from $10.2B in 2017 to $13.9B in 2022.

In 2017, United States exported $21.6B to Chile. The main products exported from United States to Chile were Refined Petroleum ($10.2B), Petroleum Gas ($1.18B), and Delivery Trucks ($447M). During the last 5 years the exports of United States to Chile have increased at an annualized rate of 12.8%, from $11.9B in 2022 to $21.6B in 2017.

Exports from Chile (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Chile than United States included Bolivia ($1.21B), Anguilla ($131M), and Northern Mariana Islands ($798k).

In 2022, countries that imported more from United States than Chile included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - United States

Flow
Scale

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

During 2022, Chile had a large net trade with United States in the exports of Metals ($3.92B), Animal Products ($3.4B), and Vegetable Products ($1.82B).

During 2017, United States had a large net trade with Chile in the exports of Mineral Products ($11.8B), Machines ($3.09B), and Chemical Products ($2.03B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile United States+$128MRefined Petroleum
Top Product Potential United States Chile+$133MCars

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

Product Space of Chile (Flag) and United States (Flag) (2022)

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