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2023
Flag → Flag
Exports $321MRnk 29 / 183
2023
Flag → Flag
Top Product $93.4MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $1.14BRnk 33 / 142
2023
Flag → Flag
Top Product $378MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 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$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Chile-Vietnam Trade: In 2023, Chile exported $321M to Vietnam. The main products that Chile exported to Vietnam were Non-fillet Frozen Fish ($93.4M), Sawn Wood ($59M), and Refined Copper ($46.9M). Over the past 5 years the exports of Chile to Vietnam have increased at an annualized rate of 0.58%, from $312M in 2018 to $321M in 2023.

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

Vietnam-Chile Trade: In 2023, Vietnam exported $1.14B to Chile. The main products that Vietnam exported to Chile were Broadcasting Equipment ($378M), Textile Footwear ($89.2M), and Leather Footwear ($74.2M). Over the past 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.77%,  from $751M in 2018 to $1.14B in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $20.3M and imported $292k from Vietnam, resulting in a positive trade balance of $20M. Between November 2023 and November 2024 the exports of Chile have decreased by $-448k (-2.16%) from $20.8M to $20.3M, while imports decreased by $-346k (-54.3%) from $638k to $292k.

Trade In November 2024, the top exports of Chile to Vietnam were Non-fillet Frozen Fish ($10.2M), Refined Copper ($8.96M), Pitted Fruits ($3.98M), Sawn Wood ($2.6M), and Scrap Iron ($2.23M). In November 2024 the top imports of Chile from Vietnam were Hydrogen ($140k), Cinnamon ($26.1k), Spice Seeds ($26.1k), Ink ($22.2k), and Non-Knit Women's Suits ($8.17k).

Origins In November 2024 the exports of Chile were mainly from Puerto Montt ($5.41M), Las Condes ($3.42M), San Bernardo ($1.64M), Santiago ($1.44M), and Huara ($1.42M), while imports destinations were mainly Puchuncaví ($78.8k), Santiago ($61.9k), Recoleta ($59.6k), La Florida ($32k), and Vitacura ($30k).

Growth In November 2024, the decrease in Chile's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in Sawn Wood ($-2.05M or -44.1%), Molybdenum Ore ($-1.73M or -56.9%), and Fish Oil ($-1.22M or -52.9%). In November 2024, the decrease in Chile's year-by-year imports  from Vietnam was explained primarily by an decrease in product imports  in Non-Knit Women's Suits ($-108k or -93%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-448k(-2.16%)
IMPORT GROWTH (November 2023 - November 2024)$-346k(-54.3%)
MAIN EXPORTER (November 2024)Puerto Montt$5.41M

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 Vietnam and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vietnam and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $321M to Vietnam. The main products exported from Chile to Vietnam were Non-fillet Frozen Fish ($93.4M), Sawn Wood ($59M), and Refined Copper ($46.9M). During the last 5 years the exports of Chile to Vietnam have increased at an annualized rate of 0.58%, from $312M in 2018 to $321M in 2023.

In 2018, Vietnam exported $1.14B to Chile. The main products exported from Vietnam to Chile were Broadcasting Equipment ($378M), Textile Footwear ($89.2M), and Leather Footwear ($74.2M). During the last 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.77%, from $751M in 2023 to $1.14B in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Chile than Vietnam included South Korea ($6.02B), Bolivia ($1.36B), and Brazil ($4.4B).

In 2023, countries that imported more from Vietnam than Chile included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

Comparative Advantage Chile - Vietnam

Flow
Scale

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

During 2023, Chile had a large net trade with Vietnam in the exports of Animal Products ($100M), Metals ($69.6M), and Wood Products ($61.6M).

During 2018, Vietnam had a large net trade with Chile in the exports of Machines ($644M), Footwear and Headwear ($207M), and Textiles ($118M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Vietnam+$33.5MRefined Copper
Top Product Potential Vietnam Chile+$38.4MTelephones

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

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

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