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2022
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Exports $1.77BRnk 8 / 185
2022
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Top Product $175MFish Fillets
2022
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Exports $1.97BRnk 17 / 156
2022
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Top Product $195MCars
2022
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Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
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Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
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GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
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 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
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GDP PC $15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186
2022
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GDP PC$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Chile-Mexico In 2022, Chile exported $1.77B to Mexico. The main products that Chile exported to Mexico are Fish Fillets ($175M), Mixed Mineral or Chemical Fertilizers ($156M), and Sawn Wood ($129M). During the last 27 years the exports of Chile to Mexico have increased at an annualized rate of 9.98%, from $136M in 1995 to $1.77B in 2022.

In 2009, Chile exported services to Mexico worth $130M, with Transportation ($68.2M), Travel ($31.8M), and Computer and information services ($17.6M) being the largest in terms of value.

Mexico-Chile In 2022, Mexico exported $1.97B to Chile. The main products that Mexico exported to Chile were Cars ($195M), Delivery Trucks ($157M), and Video Displays ($147M). During the last 27 years the exports of Mexico to Chile have increased at an annualized rate of 4.19%, from $648M in 1995 to $1.97B in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Latest Trends

February, 2024

About

Overview In February 2024, Chile exported $205M and imported $30.2M from Mexico, resulting in a positive trade balance of $174M. Between February 2023 and February 2024 the exports of Chile have increased by $63.1M (44.6%) from $142M to $205M, while imports increased by $9.55M (46.1%) from $20.7M to $30.2M.

Trade In February 2024, the top exports of Chile to Mexico were Mixed Mineral or Chemical Fertilizers ($29.5M), Fish Fillets ($16.5M), Poultry Meat ($11.3M), Sawn Wood ($6.81M), and Onions ($6.62M). In February 2024 the top imports of Chile from Mexico were Motor vehicles; parts and accessories (8701... ($1.36M), Transmissions ($1.19M), Interchangeable Tool Parts ($983k), Valves ($845k), and Gaskets ($816k).

Origins In February 2024 the exports of Chile were mainly from Santiago ($64.8M), Las Condes ($51.5M), Buin ($8.73M), Rancagua ($8.67M), and Puerto Montt ($7.55M), while imports destinations were mainly Vitacura ($5.12M), Providencia ($3.93M), Santiago ($3.65M), Renca ($2.69M), and Quilicura ($2.43M).

Growth In February 2024, the increase in Chile's year-by-year exports to Mexico was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($26.7M or 966%), Fish Fillets ($7.78M or 89.5%), and Poultry Meat ($3.79M or 50.2%). In February 2024, the increase in Chile's year-by-year imports  from Mexico was explained primarily by an increase in product imports  in Interchangeable Tool Parts ($810k or 471%), Valves ($737k or 680%), and Gaskets ($718k or 728%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$63.1M(44.6%)
IMPORT GROWTH (February 2023 - February 2024)$9.55M(46.1%)
MAIN EXPORTER (February 2024)Santiago$64.8M

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Mexico and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mexico and Chile Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $1.77B to Mexico. The main products exported from Chile to Mexico were Fish Fillets ($175M), Mixed Mineral or Chemical Fertilizers ($156M), and Sawn Wood ($129M). During the last 27 years the exports of Chile to Mexico have increased at an annualized rate of 9.98%, from $136M in 1995 to $1.77B in 2022.

In 2022, Mexico exported $1.97B to Chile. The main products exported from Mexico to Chile were Cars ($195M), Delivery Trucks ($157M), and Video Displays ($147M). During the last 27 years the exports of Mexico to Chile have increased at an annualized rate of 4.19%, from $648M in 1995 to $1.97B in 2022.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.5B
Mexico
Top DestinationUnited States$421B

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

In 2021, countries that imported more from Chile than Mexico were China ($38.5B), Japan ($7.43B), and Bolivia ($1.21B).

In 2021, countries that imported more from Mexico than Chile were United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

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

Comparative Advantage Chile - Mexico

Flow
Scale

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

During 2022, Chile had a large net trade with Mexico in the exports of Animal Products ($378M), Wood Products ($279M), and Chemical Products ($267M).

During 2022, Mexico had a large net trade with Chile in the exports of Machines ($462M), Transportation ($456M), and Chemical Products ($404M).

Service Trade

Bilateral Service Trade

In 2009, Chile exported services to Mexico worth $130M, with Transportation ($68.2M), Travel ($31.8M), and Computer and information services ($17.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Chile (Flag) to Mexico (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Chile has comparative advantage over Mexico. Similarly, the more yellow a dot/product is, the more Mexico has comparative advantage over Chile.

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

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