2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 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

Saudi Arabia-Chile Trade: In 2022, Saudi Arabia exported $13.3M to Chile. The main products that Saudi Arabia exported to Chile were Nitrogen Heterocyclic Compounds ($4.81M), Ethylene Polymers ($3.04M), and Nitrogenous Fertilizers ($2.09M). Over the past 5 years the exports of Saudi Arabia to Chile have decreased at an annualized rate of 7.43%, from $19.6M in 2017 to $13.3M in 2022.

In 2022, Saudi Arabia did not export any services to Chile.

Chile-Saudi Arabia Trade: In 2022, Chile exported $99.9M to Saudi Arabia. The main products that Chile exported to Saudi Arabia were Sawn Wood ($43.6M), Apples and Pears ($24M), and Grapes ($8.42M). Over the past 5 years the exports of Chile to Saudi Arabia have decreased at an annualized rate of 5.89%,  from $135M in 2017 to $99.9M in 2022.

In 2022, Chile did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $13.3M to Chile. The main products exported from Saudi Arabia to Chile were Nitrogen Heterocyclic Compounds ($4.81M), Ethylene Polymers ($3.04M), and Nitrogenous Fertilizers ($2.09M). During the last 5 years the exports of Saudi Arabia to Chile have decreased at an annualized rate of 7.43%, from $19.6M in 2017 to $13.3M in 2022.

In 2017, Chile exported $99.9M to Saudi Arabia. The main products exported from Chile to Saudi Arabia were Sawn Wood ($43.6M), Apples and Pears ($24M), and Grapes ($8.42M). During the last 5 years the exports of Chile to Saudi Arabia have decreased at an annualized rate of 5.89%, from $135M in 2022 to $99.9M in 2017.

Exports from Saudi Arabia (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Chile (Flag)

Saudi Arabia Exports

Chile Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Chile
Top Destination
China$38.5B

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 2022, countries that imported more from Saudi Arabia than Chile included India ($46.2B), South Korea ($36B), and China ($68B).

In 2022, countries that imported more from Chile than Saudi Arabia included Mexico ($1.77B), Peru ($1.84B), and Bolivia ($1.21B).

Difference in imports from Chile (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Chile

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Chile in the exports of Chemical Products ($7.48M), Plastics and Rubbers ($4.71M), and Machines ($1.01M).

During 2017, Chile had a large net trade with Saudi Arabia in the exports of Vegetable Products ($43.7M), Wood Products ($43.6M), and Metals ($5.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Saudi Arabia (Flag) and Chile (Flag) (2022)

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