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2023
Flag → Flag
Exports $1.06MRnk 77 / 130
2023
Flag → Flag
Top Product $343kJams
2023
Flag → Flag
Exports $2.43MRnk 118 / 183
2023
Flag → Flag
Top Product $2.43MUnpackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Iran-Chile Trade: In 2023, Iran exported $1.06M to Chile. The main products that Iran exported to Chile were Jams ($343k), Vegetable Alkaloids ($328k), and Tropical Fruits ($181k). Over the past 5 years the exports of Iran to Chile have decreased at an annualized rate of 56.7%, from $69.7M in 2018 to $1.06M in 2023.

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

Chile-Iran Trade: In 2023, Chile exported $2.43M to Iran. The main products that Chile exported to Iran were Unpackaged Medicaments ($2.43M). Over the past 5 years the exports of Chile to Iran have decreased at an annualized rate of 26.7%,  from $11.5M in 2018 to $2.43M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $1.06M to Chile. The main products exported from Iran to Chile were Jams ($343k), Vegetable Alkaloids ($328k), and Tropical Fruits ($181k). During the last 5 years the exports of Iran to Chile have decreased at an annualized rate of 56.7%, from $69.7M in 2018 to $1.06M in 2023.

In 2018, Chile exported $2.43M to Iran. The main products exported from Chile to Iran were Unpackaged Medicaments ($2.43M). During the last 5 years the exports of Chile to Iran have decreased at an annualized rate of 26.7%, from $11.5M in 2023 to $2.43M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Iran than Chile included Turkey ($2.18B), Pakistan ($943M), and Armenia ($597M).

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

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

Comparative Advantage Iran - Chile

Flow
Scale

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

During 2023, Iran had a large net trade with Chile in the exports of Foodstuffs ($356k), Chemical Products ($328k), and Vegetable Products ($299k).

During 2018, Chile had a large net trade with Iran in the exports of Chemical Products ($2.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Chile+$249kTropical Fruits
Top Product Potential Chile Iran+$941kPackaged Medicaments

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

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

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