2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 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
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186

About

Chile-Zambia Trade: In 2022, Chile exported $29.8M to Zambia. The main products that Chile exported to Zambia were Other Steel Bars ($29.1M), Excavation Machinery ($391k), and Sowing Seeds ($157k). Over the past 5 years the exports of Chile to Zambia have decreased at an annualized rate of 3.93%, from $36.4M in 2017 to $29.8M in 2022.

In 2022, Chile did not export any services to Zambia.

Zambia-Chile Trade: In 2022, Zambia exported $1.23M to Chile. The main products that Zambia exported to Chile were Other Iron Products ($1.19M), Other Rubber Products ($12.6k), and Centrifuges ($4.32k). Over the past 5 years the exports of Zambia to Chile have increased at an annualized rate of 55%,  from $9.89k in 2017 to $1.23M in 2022.

In 2022, Zambia 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, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $29.8M to Zambia. The main products exported from Chile to Zambia were Other Steel Bars ($29.1M), Excavation Machinery ($391k), and Sowing Seeds ($157k). During the last 5 years the exports of Chile to Zambia have decreased at an annualized rate of 3.93%, from $36.4M in 2017 to $29.8M in 2022.

In 2017, Zambia exported $1.23M to Chile. The main products exported from Zambia to Chile were Other Iron Products ($1.19M), Other Rubber Products ($12.6k), and Centrifuges ($4.32k). During the last 5 years the exports of Zambia to Chile have increased at an annualized rate of 55%, from $9.89k in 2022 to $1.23M in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Zambia
Top Destination
Switzerland$4.5B

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

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

In 2022, countries that imported more from Zambia than Chile included Switzerland ($4.5B), Democratic Republic of the Congo ($1.51B), and Pitcairn Islands ($1.49B).

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

Comparative Advantage Chile - Zambia

Flow
Scale

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

During 2022, Chile had a large net trade with Zambia in the exports of Metals ($29.1M), Machines ($438k), and Vegetable Products ($157k).

During 2017, Zambia had a large net trade with Chile in the exports of Metals ($1.2M), Plastics and Rubbers ($12.8k), and Machines ($12k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Zambia+$332kExcavation Machinery
Top Product Potential Zambia Chile+$360kOther Iron Products

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

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

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