2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195

About

Estonia-Chile Trade: In 2023, Estonia exported $12.7M to Chile. The main products that Estonia exported to Chile were Electrical Transformers ($2.34M), Broadcasting Equipment ($1.14M), and Tractors ($1.1M). Over the past 5 years the exports of Estonia to Chile have decreased at an annualized rate of 6.13%, from $17.4M in 2018 to $12.7M in 2023.

In 2020, Estonia exported services to Chile worth $2.97M, with Transportation ($1.37M), Computer and information services ($1.26M), and Other business services ($228k) being the largest in terms of value.

Chile-Estonia Trade: In 2023, Chile exported $11.4M to Estonia. The main products that Chile exported to Estonia were Other Nuts ($2.26M), Grapes ($2M), and Wine ($1.95M). Over the past 5 years the exports of Chile to Estonia have increased at an annualized rate of 5.69%,  from $8.65M in 2018 to $11.4M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $12.7M to Chile. The main products exported from Estonia to Chile were Electrical Transformers ($2.34M), Broadcasting Equipment ($1.14M), and Tractors ($1.1M). During the last 5 years the exports of Estonia to Chile have decreased at an annualized rate of 6.13%, from $17.4M in 2018 to $12.7M in 2023.

In 2018, Chile exported $11.4M to Estonia. The main products exported from Chile to Estonia were Other Nuts ($2.26M), Grapes ($2M), and Wine ($1.95M). During the last 5 years the exports of Chile to Estonia have increased at an annualized rate of 5.69%, from $8.65M in 2023 to $11.4M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Chile (Flag)

Estonia Exports

Chile Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Chile
Top Destination
China$38.2B

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

In 2023, countries that imported more from Estonia than Chile included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Chile than Estonia included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Estonia - Chile

Flow
Scale

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

During 2023, Estonia had a large net trade with Chile in the exports of Machines ($6.37M), Transportation ($1.84M), and Instruments ($826k).

During 2018, Chile had a large net trade with Estonia in the exports of Vegetable Products ($7.57M), Foodstuffs ($3.02M), and Animal Products ($428k).

Economic Complexity

Competitive Landscape

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

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

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