2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 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

Vietnam-Chile Trade: In 2022, Vietnam exported $1.51B to Chile. The main products that Vietnam exported to Chile were Broadcasting Equipment ($584M), Textile Footwear ($115M), and Electrical Transformers ($96.6M). Over the past 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.65%, from $994M in 2017 to $1.51B in 2022.

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

Chile-Vietnam Trade: In 2022, Chile exported $416M to Vietnam. The main products that Chile exported to Vietnam were Refined Copper ($139M), Non-fillet Frozen Fish ($68.4M), and Sawn Wood ($64.6M). Over the past 5 years the exports of Chile to Vietnam have increased at an annualized rate of 5.89%,  from $312M in 2017 to $416M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $1.51B to Chile. The main products exported from Vietnam to Chile were Broadcasting Equipment ($584M), Textile Footwear ($115M), and Electrical Transformers ($96.6M). During the last 5 years the exports of Vietnam to Chile have increased at an annualized rate of 8.65%, from $994M in 2017 to $1.51B in 2022.

In 2017, Chile exported $416M to Vietnam. The main products exported from Chile to Vietnam were Refined Copper ($139M), Non-fillet Frozen Fish ($68.4M), and Sawn Wood ($64.6M). During the last 5 years the exports of Chile to Vietnam have increased at an annualized rate of 5.89%, from $312M in 2022 to $416M in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Vietnam than Chile included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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

Comparative Advantage Vietnam - Chile

Flow
Scale

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

During 2022, Vietnam had a large net trade with Chile in the exports of Machines ($943M), Footwear and Headwear ($228M), and Textiles ($148M).

During 2017, Chile had a large net trade with Vietnam in the exports of Metals ($168M), Animal Products ($74.2M), and Wood Products ($65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Chile+$38.4MTelephones
Top Product Potential Chile Vietnam+$33.5MRefined 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 Vietnam and Chile. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Vietnam.

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

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