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2023
Flag → Flag
Exports $2.44BRnk 36 / 211
2023
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Top Product $663MRefined Petroleum
2023
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Exports $7.1BRnk 3 / 183
2023
Flag → Flag
Top Product $3.51BCopper Ore
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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 $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 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

Japan-Chile Trade: In 2023, Japan exported $2.44B to Chile. The main products that Japan exported to Chile were Refined Petroleum ($663M), Cars ($600M), and Large Construction Vehicles ($191M). Over the past 5 years the exports of Japan to Chile have increased at an annualized rate of 0.69%, from $2.36B in 2018 to $2.44B in 2023.

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

Chile-Japan Trade: In 2023, Chile exported $7.1B to Japan. The main products that Chile exported to Japan were Copper Ore ($3.51B), Molybdenum Ore ($704M), and Non-fillet Frozen Fish ($555M). Over the past 5 years the exports of Chile to Japan have increased at an annualized rate of 0.56%,  from $6.91B in 2018 to $7.1B in 2023.

In 2009, Chile exported services to Japan worth $342M, with Transportation ($342M) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). 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, Japan exported ¥19.9B and imported ¥109B from Chile, resulting in a negative trade balance of ¥88.9B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-6.13B (-23.5%) from ¥26.1B to ¥19.9B, while imports increased by ¥53.3B (95.8%) from ¥55.6B to ¥109B.

Trade In November 2024, the top exports of Japan to Chile were Refined Petroleum (¥9.91B), Cars (¥3.53B), Rubber Tires (¥1.5B), Delivery Trucks (¥1.23B), and Hot-Rolled Iron (¥1.21B). In November 2024 the top imports of Japan from Chile were Copper Ore (¥46.4B), Non-fillet Frozen Fish (¥13.5B), Carbonates (¥10.5B), Fish Fillets (¥7.82B), and Molybdenum Ore (¥6.43B).

Origins In November 2024 the exports of Japan were mainly from Chiba (¥4.56B), Aichi (¥4.21B), Kanagawa (¥3.74B), Fukuoka (¥2.93B), and Osaka (¥1.06B), while imports destinations were mainly Ehime (¥33.3B), Okayama (¥15.9B), Ōita (¥15.3B), Tokyo (¥13.3B), and Kanagawa (¥7.18B).

Growth In November 2024, the decrease in Japan's year-by-year exports to Chile was explained primarily by an decrease in product exports in Flat Flat-Rolled Steel (¥-394M or -90.1%), Sulfuric Acid (¥-302M or -99.2%), and Fork-Lifts (¥-172M or -57.7%). In November 2024, the increase in Japan's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Copper Ore (¥11.1B or 31.5%), Carbonates (¥9.07B or 613%), and Iron Ore (¥2.85B or 131%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-6.13B(-23.5%)
IMPORT GROWTH (November 2023 - November 2024)¥53.3B(95.8%)
MAIN EXPORTER (November 2024)Chiba¥4.56B

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

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

For full datasets download visit Bulk Download page.

Explore Chile and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $2.44B to Chile. The main products exported from Japan to Chile were Refined Petroleum ($663M), Cars ($600M), and Large Construction Vehicles ($191M). During the last 5 years the exports of Japan to Chile have increased at an annualized rate of 0.69%, from $2.36B in 2018 to $2.44B in 2023.

In 2018, Chile exported $7.1B to Japan. The main products exported from Chile to Japan were Copper Ore ($3.51B), Molybdenum Ore ($704M), and Non-fillet Frozen Fish ($555M). During the last 5 years the exports of Chile to Japan have increased at an annualized rate of 0.56%, from $6.91B in 2023 to $7.1B in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Japan than Chile included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Chile than Japan included Bolivia ($1.36B), Peru ($1.45B), and Anguilla ($114M).

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

Comparative Advantage Japan - Chile

Flow
Scale

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

During 2023, Japan had a large net trade with Chile in the exports of Transportation ($768M), Mineral Products ($666M), and Machines ($398M).

During 2018, Chile had a large net trade with Japan in the exports of Mineral Products ($4.31B), Animal Products ($1.21B), and Chemical Products ($586M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Chile+$116MCars
Top Product Potential Chile Japan+$45MIron Ore

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

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

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