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2023
Flag → Flag
Exports $584MRnk 61 / 223
2023
Flag → Flag
Top Product $60.6MGas Turbines
2023
Flag → Flag
Exports $695MRnk 21 / 183
2023
Flag → Flag
Top Product $192MWine
2023
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Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
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GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
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GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

United Kingdom-Chile Trade: In 2023, United Kingdom exported $584M to Chile. The main products that United Kingdom exported to Chile were Gas Turbines ($60.6M), Hard Liquor ($52.6M), and Cars ($48.5M). Over the past 5 years the exports of United Kingdom to Chile have decreased at an annualized rate of 8.32%, from $902M in 2018 to $584M in 2023.

In 2019, United Kingdom exported services to Chile worth $12.8M, with Computer and information services ($6.38M), Personal, cultural, and recreational services ($5.15M), and Construction services ($1.23M) being the largest in terms of value.

Chile-United Kingdom Trade: In 2023, Chile exported $695M to United Kingdom. The main products that Chile exported to United Kingdom were Wine ($192M), Carbonates ($86.3M), and Other Fruits ($53.2M). Over the past 5 years the exports of Chile to United Kingdom have decreased at an annualized rate of 4.57%,  from $878M in 2018 to $695M in 2023.

In 2009, Chile exported services to United Kingdom worth $85.5M, with Travel ($46.6M), Transportation ($32.3M), and Other business services ($6.61M) being the largest in terms of value.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). 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, United Kingdom exported £63.7M and imported £42.8M from Chile, resulting in a positive trade balance of £20.9M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £29.3M (85.2%) from £34.4M to £63.7M, while imports increased by £8.33M (24.1%) from £34.5M to £42.8M.

Trade In November 2024, the top exports of United Kingdom to Chile were Commodities not elsewhere specified (£53.9M), Hard Liquor (£3.07M), Cars (£2.28M), Stone Processing Machines (£2.25M), and Packaged Medicaments (£1.54M). In November 2024 the top imports of United Kingdom from Chile were Wine (£14.3M), Other Fruits (£11.4M), Tropical Fruits (£4.58M), Pitted Fruits (£3.11M), and Kaolin Coated Paper (£2.63M).

Origins In November 2024 the exports of United Kingdom were mainly from London Gateway (£24M), Harwich (£19.5M), London Heathrow Airport (£11.1M), East Midlands Airport (£1.16M), and Middlesbrough (£1.05M), while imports destinations were mainly London Gateway (£25.9M), Liverpool (£4.17M), Southampton (£3.14M), Tyne (£2.51M), and Felixstowe (£2.11M).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Chile was explained primarily by an increase in product exports in Commodities not elsewhere specified (£53.6M or 17.1k%), Stone Processing Machines (£1.49M or 196%), and Cars (£1.12M or 97%). In November 2024, the increase in United Kingdom's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Tropical Fruits (£2.05M or 81.3%), Poultry Meat (£1.57M or 591%), and Kaolin Coated Paper (£1.3M or 97.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£29.3M(85.2%)
IMPORT GROWTH (November 2023 - November 2024)£8.33M(24.1%)
MAIN EXPORTER (November 2024)London Gateway£24M

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

To check Chile and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $584M to Chile. The main products exported from United Kingdom to Chile were Gas Turbines ($60.6M), Hard Liquor ($52.6M), and Cars ($48.5M). During the last 5 years the exports of United Kingdom to Chile have decreased at an annualized rate of 8.32%, from $902M in 2018 to $584M in 2023.

In 2018, Chile exported $695M to United Kingdom. The main products exported from Chile to United Kingdom were Wine ($192M), Carbonates ($86.3M), and Other Fruits ($53.2M). During the last 5 years the exports of Chile to United Kingdom have decreased at an annualized rate of 4.57%, from $878M in 2023 to $695M in 2018.

Exports from United Kingdom (Flag) to Chile (Flag) (2023)

Exports from Chile (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from United Kingdom than Chile included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

In 2023, countries that imported more from Chile than United Kingdom included China ($38.2B), Bolivia ($1.36B), and Peru ($1.45B).

Difference in imports from Chile (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Chile

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Chile in the exports of Machines ($178M), Chemical Products ($121M), and Foodstuffs ($93.1M).

During 2018, Chile had a large net trade with United Kingdom in the exports of Foodstuffs ($219M), Vegetable Products ($207M), and Chemical Products ($130M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Chile+$47.7MCars
Top Product Potential Chile United Kingdom+$30MPetroleum Gas

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

Product Space of United Kingdom (Flag) and Chile (Flag) (2023)

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