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2022
Flag → Flag
Exports $210MRnk 34 / 185
2022
Flag → Flag
Top Product $100MPotassic Fertilizers
2022
Flag → Flag
Exports $90.5MRnk 76 / 214
2022
Flag → Flag
Top Product $7.32MOther Agricultural Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 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$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186

About

Chile-South Africa Trade: In 2022, Chile exported $210M to South Africa. The main products that Chile exported to South Africa were Potassic Fertilizers ($100M), Petroleum Gas ($38M), and Nitrites and Nitrates ($26.4M). Over the past 5 years the exports of Chile to South Africa have increased at an annualized rate of 12.4%, from $117M in 2017 to $210M in 2022.

In 2022, Chile did not export any services to South Africa.

South Africa-Chile Trade: In 2022, South Africa exported $90.5M to Chile. The main products that South Africa exported to Chile were Other Agricultural Machinery ($7.32M), Kraft Paper ($7.29M), and Fruit Juice ($6.12M). Over the past 5 years the exports of South Africa to Chile have increased at an annualized rate of 4.18%,  from $73.8M in 2017 to $90.5M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Latest Trends

July, 2024

About

Overview In July 2024, Chile exported $3.81M and imported $3.68M from South Africa, resulting in a positive trade balance of $134k. Between July 2023 and July 2024 the exports of Chile have increased by $1.18M (44.9%) from $2.63M to $3.81M, while imports increased by $2.24M (155%) from $1.44M to $3.68M.

Trade In July 2024, the top exports of Chile to South Africa were Nitrogenous Fertilizers ($6.18M), Nitrites and Nitrates ($4.12M), Inorganic Salts ($2.22M), Excavation Machinery ($846k), and Sulfates ($377k). In July 2024 the top imports of Chile from South Africa were Mixed Mineral or Chemical Fertilizers ($1.45M), Transmissions ($835k), Other Plastic Products ($382k), Gaskets ($255k), and Valves ($155k).

Origins In July 2024 the exports of Chile were mainly from Las Condes ($1.66M), Paine ($607k), Santiago ($483k), Colina ($398k), and San Bernardo ($186k), while imports destinations were mainly Copiapó ($1.28M), Lampa ($1.16M), Las Condes ($413k), Santiago ($197k), and Quilicura ($84.3k).

Growth In July 2024, the increase in Chile's year-by-year exports to South Africa was explained primarily by an increase in product exports in Nitrogenous Fertilizers ($5.42M or 715%), Excavation Machinery ($514k or 155%), and Poultry Meat ($215k or 303%). In July 2024, the increase in Chile's year-by-year imports  from South Africa was explained primarily by an increase in product imports  in Transmissions ($825k or 8.41k%), Other Plastic Products ($221k or 137%), and Valves ($97.6k or 172%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$1.18M(44.9%)
IMPORT GROWTH (July 2023 - July 2024)$2.24M(155%)
MAIN EXPORTER (July 2024)Las Condes$1.66M

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 South Africa and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $210M to South Africa. The main products exported from Chile to South Africa were Potassic Fertilizers ($100M), Petroleum Gas ($38M), and Nitrites and Nitrates ($26.4M). During the last 5 years the exports of Chile to South Africa have increased at an annualized rate of 12.4%, from $117M in 2017 to $210M in 2022.

In 2017, South Africa exported $90.5M to Chile. The main products exported from South Africa to Chile were Other Agricultural Machinery ($7.32M), Kraft Paper ($7.29M), and Fruit Juice ($6.12M). During the last 5 years the exports of South Africa to Chile have increased at an annualized rate of 4.18%, from $73.8M in 2022 to $90.5M in 2017.

Exports from Chile (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Chile than South Africa included China ($38.5B), Brazil ($4.55B), and South Korea ($6.13B).

In 2022, countries that imported more from South Africa than Chile included Germany ($9.96B), India ($9.14B), and Switzerland ($6.43B).

Difference in imports from South Africa (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - South Africa

Flow
Scale

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

During 2022, Chile had a large net trade with South Africa in the exports of Chemical Products ($141M), Mineral Products ($40.7M), and Machines ($9.75M).

During 2017, South Africa had a large net trade with Chile in the exports of Machines ($34.7M), Chemical Products ($11.8M), and Paper Goods ($10.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile South Africa+$2.41MNitrogenous Fertilizers
Top Product Potential South Africa Chile+$8.87MDelivery 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 South Africa. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Chile.

Product Space of Chile (Flag) and South Africa (Flag) (2022)

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