2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
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2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 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

United States-Chile Trade: In 2022, United States exported $21.6B to Chile. The main products that United States exported to Chile were Refined Petroleum ($10.2B), Petroleum Gas ($1.18B), and Delivery Trucks ($447M). Over the past 5 years the exports of United States to Chile have increased at an annualized rate of 12.8%, from $11.9B in 2017 to $21.6B in 2022.

In 2017, United States exported services to Chile worth $4.35B, with Travel ($1.14B), Transportation ($849M), and Financial services ($812M) being the largest in terms of value.

Chile-United States Trade: In 2022, Chile exported $13.9B to United States. The main products that Chile exported to United States were Refined Copper ($3.61B), Fish Fillets ($2.7B), and Grapes ($578M). Over the past 5 years the exports of Chile to United States have increased at an annualized rate of 5.18%,  from $10.2B in 2017 to $13.9B in 2022.

In 2022, Chile did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Company data: In 2023, leading companies such as Fetzer Vineyards (2.69k), DAVID OPPENHEIMER CO. (840), and Pacific Trellis Fruit (743) were at the forefront of exporting goods from Chile to the United States. Conversely, Other (840), Giorgio Gori As Agent Of (690), and Via Concha Y Toro Sa (613) were notable for importing products to Chile from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $21.6B to Chile. The main products exported from United States to Chile were Refined Petroleum ($10.2B), Petroleum Gas ($1.18B), and Delivery Trucks ($447M). During the last 5 years the exports of United States to Chile have increased at an annualized rate of 12.8%, from $11.9B in 2017 to $21.6B in 2022.

In 2017, Chile exported $13.9B to United States. The main products exported from Chile to United States were Refined Copper ($3.61B), Fish Fillets ($2.7B), and Grapes ($578M). During the last 5 years the exports of Chile to United States have increased at an annualized rate of 5.18%, from $10.2B in 2022 to $13.9B in 2017.

Exports from United States (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from United States than Chile included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Chile than United States included Bolivia ($1.21B), Anguilla ($131M), and Northern Mariana Islands ($798k).

Difference in imports from Chile (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Chile

Flow
Scale

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

During 2022, United States had a large net trade with Chile in the exports of Mineral Products ($11.8B), Machines ($3.09B), and Chemical Products ($2.03B).

During 2017, Chile had a large net trade with United States in the exports of Metals ($3.92B), Animal Products ($3.4B), and Vegetable Products ($1.82B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Chile+$133MCars
Top Product Potential Chile United States+$128MRefined Petroleum

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

Product Space of United States (Flag) and Chile (Flag) (2022)

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