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2022
Flag → Flag
Exports $121MRnk 37 / 210
2022
Flag → Flag
Top Product $21MCheese
2022
Flag → Flag
Exports $86.5MRnk 54 / 185
2022
Flag → Flag
Top Product $29.4MPlywood
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 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

New Zealand-Chile Trade: In 2022, New Zealand exported $121M to Chile. The main products that New Zealand exported to Chile were Cheese ($21M), Other Agricultural Machinery ($17.7M), and Butter ($16.4M). Over the past 5 years the exports of New Zealand to Chile have decreased at an annualized rate of 2.68%, from $139M in 2017 to $121M in 2022.

In 2022, New Zealand did not export any services to Chile.

Chile-New Zealand Trade: In 2022, Chile exported $86.5M to New Zealand. The main products that Chile exported to New Zealand were Plywood ($29.4M), Sulfate Chemical Woodpulp ($17.4M), and Frozen Fruits and Nuts ($13.9M). Over the past 5 years the exports of Chile to New Zealand have increased at an annualized rate of 1.13%,  from $78.2M in 2017 to $86.5M in 2022.

In 2022, Chile did not export any services to New Zealand.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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, New Zealand exported $121M to Chile. The main products exported from New Zealand to Chile were Cheese ($21M), Other Agricultural Machinery ($17.7M), and Butter ($16.4M). During the last 5 years the exports of New Zealand to Chile have decreased at an annualized rate of 2.68%, from $139M in 2017 to $121M in 2022.

In 2017, Chile exported $86.5M to New Zealand. The main products exported from Chile to New Zealand were Plywood ($29.4M), Sulfate Chemical Woodpulp ($17.4M), and Frozen Fruits and Nuts ($13.9M). During the last 5 years the exports of Chile to New Zealand have increased at an annualized rate of 1.13%, from $78.2M in 2022 to $86.5M in 2017.

Exports from New Zealand (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Chile (Flag)

New Zealand Exports

Chile Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from New Zealand than Chile included Australia ($5.35B), Indonesia ($1.33B), and Singapore ($1.05B).

In 2022, countries that imported more from Chile than New Zealand included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

Difference in imports from Chile (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Chile

Flow
Scale

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

During 2022, New Zealand had a large net trade with Chile in the exports of Animal Products ($45.6M), Machines ($38.4M), and Transportation ($10.4M).

During 2017, Chile had a large net trade with New Zealand in the exports of Wood Products ($33.7M), Vegetable Products ($18.7M), and Paper Goods ($18.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Chile+$1.25MPackaged Medicaments
Top Product Potential Chile New Zealand+$1.37MSawn Wood

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

Product Space of New Zealand (Flag) and Chile (Flag) (2022)

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