NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $1.85BRnk 34 / 220
2023
Flag → Flag
Top Product $104MCars
2023
Flag → Flag
Exports $1.32BRnk 12 / 183
2023
Flag → Flag
Top Product $361MCopper Ore
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Spain-Chile Trade: In 2023, Spain exported $1.85B to Chile. The main products that Spain exported to Chile were Cars ($104M), Delivery Trucks ($100M), and Insulated Wire ($85.1M). Over the past 5 years the exports of Spain to Chile have increased at an annualized rate of 1.97%, from $1.68B in 2018 to $1.85B in 2023.

In 2009, Spain exported services to Chile worth $532M, with Services not allocated ($437M) and Transportation ($95.1M) being the largest in terms of value.

Chile-Spain Trade: In 2023, Chile exported $1.32B to Spain. The main products that Chile exported to Spain were Copper Ore ($361M), Refined Copper ($217M), and Processed Crustaceans ($89.7M). Over the past 5 years the exports of Chile to Spain have decreased at an annualized rate of 5.15%,  from $1.91B in 2018 to $1.32B in 2023.

In 2009, Chile exported services to Spain worth $358M, with Transportation ($180M), Other business services ($86.2M), and Travel ($84.6M) being the largest in terms of value.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €165M and imported €215M from Chile, resulting in a negative trade balance of €50.6M. Between November 2023 and November 2024 the exports of Spain have increased by €22.1M (15.5%) from €143M to €165M, while imports increased by €129M (150%) from €86M to €215M.

Trade In November 2024, the top exports of Spain to Chile were Perfumes (€8.81M), Delivery Trucks (€8.61M), Insulated Wire (€8.32M), Rubber Tires (€5.96M), and Tractors (€4.49M). In November 2024 the top imports of Spain from Chile were Copper Ore (€47.1M), Refined Copper (€11.8M), Fish Fillets (€4.81M), Processed Crustaceans (€4.46M), and Non-fillet Fresh Fish (€2.9M).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€40.3M), Pontevedra (€26.7M), Madrid (€16.8M), Navarra (€10.3M), and Valencia (€7.97M), while imports destinations were mainly Huelva (€102M), Pontevedra (€21.9M), Barcelona (€21M), Córdoba (€18.8M), and Málaga (€16M).

Growth In November 2024, the increase in Spain's year-by-year exports to Chile was explained primarily by an increase in product exports in Delivery Trucks (€5.13M or 148%), Rubber Tires (€4.67M or 362%), and Perfumes (€3.75M or 74%). In November 2024, the increase in Spain's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Processed Crustaceans (€2.4M or 116%), Tropical Fruits (€1.83M or 191%), and Sawn Wood (€1.31M or 462%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€22.1M(15.5%)
IMPORT GROWTH (November 2023 - November 2024)€129M(150%)
MAIN EXPORTER (November 2024)Barcelona€40.3M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Chile and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and Spain Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $1.85B to Chile. The main products exported from Spain to Chile were Cars ($104M), Delivery Trucks ($100M), and Insulated Wire ($85.1M). During the last 5 years the exports of Spain to Chile have increased at an annualized rate of 1.97%, from $1.68B in 2018 to $1.85B in 2023.

In 2018, Chile exported $1.32B to Spain. The main products exported from Chile to Spain were Copper Ore ($361M), Refined Copper ($217M), and Processed Crustaceans ($89.7M). During the last 5 years the exports of Chile to Spain have decreased at an annualized rate of 5.15%, from $1.91B in 2023 to $1.32B in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Spain than Chile included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Chile than Spain included China ($38.2B), South Korea ($6.02B), and Japan ($7.1B).

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

Comparative Advantage Spain - Chile

Flow
Scale

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

During 2023, Spain had a large net trade with Chile in the exports of Machines ($522M), Chemical Products ($319M), and Transportation ($240M).

During 2018, Chile had a large net trade with Spain in the exports of Mineral Products ($370M), Metals ($246M), and Vegetable Products ($234M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Chile+$75.6MCars
Top Product Potential Chile Spain+$36.5MRefined Copper

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms