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Pricing

2023
Flag → Flag
Exports $81MRnk 54 / 183
2023
Flag → Flag
Top Product $10.8MApples and Pears
2023
Flag → Flag
Exports $14.3MRnk 28 / 122
2023
Flag → Flag
Top Product $4.41MNitrogenous Fertilizers
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Chile-Venezuela Trade: In 2023, Chile exported $81M to Venezuela. The main products that Chile exported to Venezuela were Apples and Pears ($10.8M), Processed Cereals ($10.6M), and Processed Tomatoes ($9.19M). Over the past 5 years the exports of Chile to Venezuela have increased at an annualized rate of 1.91%, from $73.6M in 2018 to $81M in 2023.

In 2009, Chile exported services to Venezuela worth $38.8M, with Transportation ($38.8M) being the largest in terms of value.

Venezuela-Chile Trade: In 2023, Venezuela exported $14.3M to Chile. The main products that Venezuela exported to Chile were Nitrogenous Fertilizers ($4.41M), Other Processed Fruits and Nuts ($1.51M), and Chocolate ($1.27M). Over the past 5 years the exports of Venezuela to Chile have decreased at an annualized rate of 16.7%,  from $35.6M in 2018 to $14.3M in 2023.

In 2023, Venezuela 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, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $7.88M and imported $1.19M from Venezuela, resulting in a positive trade balance of $6.69M. Between November 2023 and November 2024 the exports of Chile have decreased by $-1.16M (-12.9%) from $9.04M to $7.88M, while imports increased by $726k (157%) from $462k to $1.19M.

Trade In November 2024, the top exports of Chile to Venezuela were Processed Tomatoes ($2.16M), Packaged Medicaments ($641k), Jams ($453k), Processed Cereals ($329k), and Special purpose motor vehicles ($299k). In November 2024 the top imports of Chile from Venezuela were .

Origins In November 2024 the exports of Chile were mainly from Santiago ($1.85M), Vitacura ($1.53M), San Bernardo ($896k), Las Condes ($786k), and Puerto Montt ($520k), while imports destinations were mainly Providencia ($738k), Buin ($424k), Pudahuel ($12.8k), Las Condes ($11.7k), and Los Lagos ($1.08k).

Growth In November 2024, the decrease in Chile's year-by-year exports to Venezuela was explained primarily by an decrease in product exports in Processed Cereals ($-293k or -47.1%), Jams ($-113k or -20%), and Used Clothing ($-113k or -96.8%). In November 2024, the increase in Chile's year-by-year imports  from Venezuela was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-1.16M(-12.9%)
IMPORT GROWTH (November 2023 - November 2024)$726k(157%)
MAIN EXPORTER (November 2024)Santiago$1.85M

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 Venezuela and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $81M to Venezuela. The main products exported from Chile to Venezuela were Apples and Pears ($10.8M), Processed Cereals ($10.6M), and Processed Tomatoes ($9.19M). During the last 5 years the exports of Chile to Venezuela have increased at an annualized rate of 1.91%, from $73.6M in 2018 to $81M in 2023.

In 2018, Venezuela exported $14.3M to Chile. The main products exported from Venezuela to Chile were Nitrogenous Fertilizers ($4.41M), Other Processed Fruits and Nuts ($1.51M), and Chocolate ($1.27M). During the last 5 years the exports of Venezuela to Chile have decreased at an annualized rate of 16.7%, from $35.6M in 2023 to $14.3M in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Venezuela
Top DestinationUnited States$3.81B

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

In 2023, countries that imported more from Chile than Venezuela included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Venezuela than Chile included Turkey ($364M), Lebanon ($106M), and Dominica ($10.5M).

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

Comparative Advantage Chile - Venezuela

Flow
Scale

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

During 2023, Chile had a large net trade with Venezuela in the exports of Vegetable Products ($32.9M), Foodstuffs ($17.2M), and Paper Goods ($6.97M).

During 2018, Venezuela had a large net trade with Chile in the exports of Foodstuffs ($7.16M), Chemical Products ($5.63M), and Animal Products ($477k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and Venezuela. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Chile.

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

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