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2022
Flag → Flag
Exports $575MRnk 72 / 219
2022
Flag → Flag
Top Product $70.1MRaw Iron Bars
2022
Flag → Flag
Exports $228MRnk 33 / 185
2022
Flag → Flag
Top Product $89.5MOther Nuts
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Chile Trade: In 2022, Turkey exported $575M to Chile. The main products that Turkey exported to Chile were Raw Iron Bars ($70.1M), Delivery Trucks ($53.7M), and Coal Briquettes ($41.7M). Over the past 5 years the exports of Turkey to Chile have increased at an annualized rate of 13.9%, from $300M in 2017 to $575M in 2022.

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

Chile-Turkey Trade: In 2022, Chile exported $228M to Turkey. The main products that Chile exported to Turkey were Other Nuts ($89.5M), Refined Copper ($34.8M), and Copper Ore ($27.3M). Over the past 5 years the exports of Chile to Turkey have decreased at an annualized rate of 8.55%,  from $356M in 2017 to $228M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $575M to Chile. The main products exported from Turkey to Chile were Raw Iron Bars ($70.1M), Delivery Trucks ($53.7M), and Coal Briquettes ($41.7M). During the last 5 years the exports of Turkey to Chile have increased at an annualized rate of 13.9%, from $300M in 2017 to $575M in 2022.

In 2017, Chile exported $228M to Turkey. The main products exported from Chile to Turkey were Other Nuts ($89.5M), Refined Copper ($34.8M), and Copper Ore ($27.3M). During the last 5 years the exports of Chile to Turkey have decreased at an annualized rate of 8.55%, from $356M in 2022 to $228M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Chile (Flag)

Turkey Exports

Chile Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Turkey than Chile included Germany ($21.9B), Iraq ($13.7B), and United Kingdom ($13.7B).

In 2022, countries that imported more from Chile than Turkey included China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

Comparative Advantage Turkey - Chile

Flow
Scale

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

During 2022, Turkey had a large net trade with Chile in the exports of Metals ($155M), Transportation ($112M), and Machines ($79.3M).

During 2017, Chile had a large net trade with Turkey in the exports of Vegetable Products ($98.9M), Metals ($35.6M), and Animal and Vegetable Bi-Products ($27.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Chile+$25.8MDelivery Trucks
Top Product Potential Chile Turkey+$45.5MRefined Copper

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

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

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