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2022
Flag → Flag
Exports $1.42BRnk 51 / 217
2022
Flag → Flag
Top Product $355MCars
2022
Flag → Flag
Exports $1.26BRnk 12 / 185
2022
Flag → Flag
Top Product $829MCopper Ore
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 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

India-Chile Trade: In 2022, India exported $1.42B to Chile. The main products that India exported to Chile were Cars ($355M), Packaged Medicaments ($135M), and Electric Generating Sets ($79.3M). Over the past 5 years the exports of India to Chile have increased at an annualized rate of 11.4%, from $824M in 2017 to $1.42B in 2022.

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

Chile-India Trade: In 2022, Chile exported $1.26B to India. The main products that Chile exported to India were Copper Ore ($829M), Halogens ($113M), and Sulfate Chemical Woodpulp ($72.3M). Over the past 5 years the exports of Chile to India have decreased at an annualized rate of 9.61%,  from $2.08B in 2017 to $1.26B in 2022.

In 2009, Chile exported services to India worth $22.7M, with Transportation ($22.7M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Latest Trends

July, 2024

About

Overview In July 2024, India exported $92.4M and imported $104M from Chile, resulting in a negative trade balance of $11.1M. Between July 2023 and July 2024 the exports of India have increased by $380k (0.41%) from $92M to $92.4M, while imports increased by $29M (38.8%) from $74.6M to $104M.

Trade In July 2024, the top exports of India to Chile were Motor Vehicle/Cars ($19M), Drug Formulations, Biologicals ($9.65M), Marine Products ($7.69M), Electric Machinery And Equipme ($6.17M), and Manmade Yarn,Fabrics,Madeups ($4.88M). In July 2024 the top imports of India from Chile were Bulk Minerals And Ores ($15.6M), Inorganic Chemicals ($6.52M), Fresh Fruits ($5.45M), Pulp And Waste Paper ($2.87M), and Paper, Paper Board And Product ($694k).

Growth In July 2024, the increase in India's year-by-year exports to Chile was explained primarily by an increase in product exports in Electric Machinery And Equipme ($4.97M or 415%), Telecom Instruments ($2.57M or 162k%), and Inorganic Chemicals ($546k or 229%). In July 2024, the increase in India's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Fresh Fruits ($1.82M or 50.3%), Paper, Paper Board And Product ($613k or 763%), and Indl. Machnry For Dairy Etc ($116k or 5.48k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)$380k(0.41%)
IMPORT GROWTH (July 2023 - July 2024)$29M(38.8%)

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

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

For full datasets download visit Bulk Download page.

Explore Chile and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.42B to Chile. The main products exported from India to Chile were Cars ($355M), Packaged Medicaments ($135M), and Electric Generating Sets ($79.3M). During the last 5 years the exports of India to Chile have increased at an annualized rate of 11.4%, from $824M in 2017 to $1.42B in 2022.

In 2017, Chile exported $1.26B to India. The main products exported from Chile to India were Copper Ore ($829M), Halogens ($113M), and Sulfate Chemical Woodpulp ($72.3M). During the last 5 years the exports of Chile to India have decreased at an annualized rate of 9.61%, from $2.08B in 2022 to $1.26B in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from India than Chile included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Chile than India included China ($38.5B), Japan ($7.43B), and Bolivia ($1.21B).

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

Comparative Advantage India - Chile

Flow
Scale

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

During 2022, India had a large net trade with Chile in the exports of Transportation ($458M), Chemical Products ($242M), and Textiles ($221M).

During 2017, Chile had a large net trade with India in the exports of Mineral Products ($866M), Vegetable Products ($137M), and Chemical Products ($116M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Chile+$52.9MPackaged Medicaments
Top Product Potential Chile India+$21.7MGold

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

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

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