2022
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GDP
$522BCURRENT US$
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2012-2022
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GDP GROWTH
99%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
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GDP PC 
$54,660CURRENT US$
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2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
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2022
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GDP PC
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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About

Israel-Chile Trade: In 2022, Israel exported $145M to Chile. The main products that Israel exported to Chile were Pesticides ($13.1M), Audio Alarms ($11.6M), and Valves ($7.92M). Over the past 5 years the exports of Israel to Chile have increased at an annualized rate of 1.16%, from $137M in 2017 to $145M in 2022.

In 2012, Israel exported services to Chile worth $4.53M, with Computer and information services ($4.53M) being the largest in terms of value.

Chile-Israel Trade: In 2022, Chile exported $135M to Israel. The main products that Chile exported to Israel were Fish Fillets ($67M), Sulfate Chemical Woodpulp ($44.2M), and Sowing Seeds ($4M). Over the past 5 years the exports of Chile to Israel have increased at an annualized rate of 2.09%,  from $114M in 2017 to $135M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Israel exported $145M to Chile. The main products exported from Israel to Chile were Pesticides ($13.1M), Audio Alarms ($11.6M), and Valves ($7.92M). During the last 5 years the exports of Israel to Chile have increased at an annualized rate of 1.16%, from $137M in 2017 to $145M in 2022.

In 2017, Chile exported $135M to Israel. The main products exported from Chile to Israel were Fish Fillets ($67M), Sulfate Chemical Woodpulp ($44.2M), and Sowing Seeds ($4M). During the last 5 years the exports of Chile to Israel have increased at an annualized rate of 2.09%, from $114M in 2022 to $135M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Chile (Flag)

Israel Exports

Chile Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Israel than Chile included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Chile than Israel included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

Comparative Advantage Israel - Chile

Flow
Scale

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

During 2022, Israel had a large net trade with Chile in the exports of Machines ($56.3M), Chemical Products ($30.1M), and Plastics and Rubbers ($22.4M).

During 2017, Chile had a large net trade with Israel in the exports of Animal Products ($73.3M), Paper Goods ($46M), and Vegetable Products ($9.85M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Chile+$6.34MTelephones
Top Product Potential Chile Israel+$1.55MNon-fillet Frozen Fish

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

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

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