2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 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 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 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

Singapore-Chile Trade: In 2022, Singapore exported $163M to Chile. The main products that Singapore exported to Chile were Gas Turbines ($67.2M), Other Edible Preparations ($15.5M), and Orthopedic Appliances ($10.2M). Over the past 5 years the exports of Singapore to Chile have increased at an annualized rate of 11.3%, from $95.4M in 2017 to $163M in 2022.

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

Chile-Singapore Trade: In 2022, Chile exported $252M to Singapore. The main products that Chile exported to Singapore were Refined Petroleum ($111M), Fish Fillets ($27.2M), and Silver ($21.2M). Over the past 5 years the exports of Chile to Singapore have increased at an annualized rate of 28.9%,  from $71M in 2017 to $252M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $163M to Chile. The main products exported from Singapore to Chile were Gas Turbines ($67.2M), Other Edible Preparations ($15.5M), and Orthopedic Appliances ($10.2M). During the last 5 years the exports of Singapore to Chile have increased at an annualized rate of 11.3%, from $95.4M in 2017 to $163M in 2022.

In 2017, Chile exported $252M to Singapore. The main products exported from Chile to Singapore were Refined Petroleum ($111M), Fish Fillets ($27.2M), and Silver ($21.2M). During the last 5 years the exports of Chile to Singapore have increased at an annualized rate of 28.9%, from $71M in 2022 to $252M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Chile (Flag)

Singapore Exports

Chile Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Singapore than Chile included Hong Kong ($51.6B), Malaysia ($35.9B), and Indonesia ($22.5B).

In 2022, countries that imported more from Chile than Singapore included Brazil ($4.55B), Peru ($1.84B), and Bolivia ($1.21B).

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

Comparative Advantage Singapore - Chile

Flow
Scale

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

During 2022, Singapore had a large net trade with Chile in the exports of Machines ($84.9M), Foodstuffs ($23.8M), and Instruments ($20.8M).

During 2017, Chile had a large net trade with Singapore in the exports of Mineral Products ($125M), Animal Products ($46.3M), and Foodstuffs ($24.2M).

Economic Complexity

Competitive Landscape

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

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

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