Saudi Arabia (SAU) and Chile (CHL) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Chile Trade: In 2023, Saudi Arabia exported $352M to Chile. The main products that Saudi Arabia exported to Chile were Other Large Iron Pipes ($188M), Iron Pipes ($158M), and Ethylene Polymers ($1.66M). Over the past 5 years the exports of Saudi Arabia to Chile have increased at an annualized rate of 90.9%, from $13.9M in 2018 to $352M in 2023.

In 2023, Saudi Arabia did not export any services to Chile.

Chile-Saudi Arabia Trade: In 2023, Chile exported $107M to Saudi Arabia. The main products that Chile exported to Saudi Arabia were Sawn Wood ($46.4M), Apples and Pears ($20.4M), and Grapes ($8.19M). Over the past 5 years the exports of Chile to Saudi Arabia have decreased at an annualized rate of 5.98%, from $145M in 2018 to $107M in 2023.

In 2023, Chile did not export any services to Saudi Arabia.

Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Saudi Arabia exported $352M to Chile. The main products exported from Saudi Arabia to Chile were Other Large Iron Pipes ($188M), Iron Pipes ($158M), and Ethylene Polymers ($1.66M). During the last 5 years the exports of Saudi Arabia to Chile have increased at an annualized rate of 90.9%, from $13.9M in 2018 to $352M in 2023.

In 2018, Chile exported $107M to Saudi Arabia. The main products exported from Chile to Saudi Arabia were Sawn Wood ($46.4M), Apples and Pears ($20.4M), and Grapes ($8.19M). During the last 5 years the exports of Chile to Saudi Arabia have decreased at an annualized rate of 5.98%, from $145M in 2023 to $107M in 2018.

Exports from Saudi Arabia () to Chile () (2023)

Exports from Chile () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Chile ()

Saudi Arabia Exports

Date

Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Saudi Arabia than Chile included India ($34.8B), Japan ($34.7B), and China ($64.4B).

In 2023, countries that imported more from Chile than Saudi Arabia included South Korea ($6.02B), Mexico ($1.72B), and Peru ($1.45B).

Difference in imports from Chile () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Saudi Arabia had a large net trade with Chile in the exports of Metals ($346M), Chemical Products ($2.33M), and Plastics and Rubbers ($2.02M).

During 2018, Chile had a large net trade with Saudi Arabia in the exports of Wood Products ($46.4M), Vegetable Products ($38.6M), and Foodstuffs ($8.37M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Chile+$5.07MEthylene Polymers

Top Product Potential Chile Saudi Arabia+$2.08MGrapes

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

Year

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Chile. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Saudi Arabia.

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Chile () (2023)

Exports from Chile () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Chile ()

Saudi Arabia Exports

Chile Exports

Market Competitiveness

Difference in imports from Chile () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Chile

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Chile () (2023)

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