2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Colombia-Chile Trade: In 2022, Colombia exported $1.63B to Chile. The main products that Colombia exported to Chile were Coal Briquettes ($957M), Raw Sugar ($71.2M), and Refined Petroleum ($48.9M). Over the past 5 years the exports of Colombia to Chile have increased at an annualized rate of 8.41%, from $1.09B in 2017 to $1.63B in 2022.

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

Chile-Colombia Trade: In 2022, Chile exported $946M to Colombia. The main products that Chile exported to Colombia were Apples and Pears ($97.1M), Copper Wire ($49.1M), and Sulfate Chemical Woodpulp ($48.5M). Over the past 5 years the exports of Chile to Colombia have increased at an annualized rate of 5.86%,  from $711M in 2017 to $946M in 2022.

In 2009, Chile exported services to Colombia worth $70.7M, with Transportation ($46.8M), Computer and information services ($16.6M), and Other business services ($7.3M) being the largest in terms of value.

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $1.63B to Chile. The main products exported from Colombia to Chile were Coal Briquettes ($957M), Raw Sugar ($71.2M), and Refined Petroleum ($48.9M). During the last 5 years the exports of Colombia to Chile have increased at an annualized rate of 8.41%, from $1.09B in 2017 to $1.63B in 2022.

In 2017, Chile exported $946M to Colombia. The main products exported from Chile to Colombia were Apples and Pears ($97.1M), Copper Wire ($49.1M), and Sulfate Chemical Woodpulp ($48.5M). During the last 5 years the exports of Chile to Colombia have increased at an annualized rate of 5.86%, from $711M in 2022 to $946M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Chile (Flag)

Colombia Exports

Chile Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Colombia than Chile included Panama ($5.84B), Turkey ($2.27B), and Netherlands ($3.67B).

In 2022, countries that imported more from Chile than Colombia included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

Comparative Advantage Colombia - Chile

Flow
Scale

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

During 2022, Colombia had a large net trade with Chile in the exports of Mineral Products ($1.02B), Foodstuffs ($153M), and Chemical Products ($113M).

During 2017, Chile had a large net trade with Colombia in the exports of Animal Products ($173M), Vegetable Products ($162M), and Foodstuffs ($129M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Chile+$39.3MRefined Petroleum
Top Product Potential Chile Colombia+$7.74MRefined Petroleum

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

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

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