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Pricing

2022
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Exports $1.34BRnk 60 / 221
2022
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Top Product $58.8MHarvesting Machinery
2022
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Exports $680MRnk 20 / 185
2022
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Top Product $248MRefined Copper
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI -0.22Rnk 71 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
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 PC $34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
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2022
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GDP PC$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Italy-Chile In 2022, Italy exported $1.34B to Chile. The main products that Italy exported to Chile are Harvesting Machinery ($58.8M), Washing and Bottling Machines ($52.9M), and Liquid Pumps ($36.7M). During the last 27 years the exports of Italy to Chile have increased at an annualized rate of 3.39%, from $544M in 1995 to $1.34B in 2022.

In 2020, Italy exported services to Chile worth $110M, with Other business services ($54.7M), Travel ($18.2M), and Computer and information services ($15M) being the largest in terms of value.

Chile-Italy In 2022, Chile exported $680M to Italy. The main products that Chile exported to Italy were Refined Copper ($248M), Other Nuts ($110M), and Molybdenum Ore ($54.1M). During the last 27 years the exports of Chile to Italy have increased at an annualized rate of 0.41%, from $609M in 1995 to $680M in 2022.

In 2009, Chile exported services to Italy worth $30M, with Transportation ($30M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €82.9M and imported €40.5M from Chile, resulting in a positive trade balance of €42.4M. Between December 2022 and December 2023 the exports of Italy have increased by €16.1M (24.1%) from €66.8M to €82.9M, while imports decreased by €-2.48M (-5.75%) from €43M to €40.5M.

Trade In December 2023, the top exports of Italy to Chile were Centrifuges (€3.22M), Delivery Trucks (€2.47M), Cars (€2.1M), Antiknock (€1.47M), and Washing and Bottling Machines (€1.4M). In December 2023 the top imports of Italy from Chile were Other Nuts (€8.81M), Refined Copper (€7.84M), Sulfate Chemical Woodpulp (€4.2M), Plywood (€2.87M), and Kaolin Coated Paper (€1.6M).

Growth In December 2023, the increase in Italy's year-by-year exports to Chile was explained primarily by an increase in product exports in Centrifuges (€2.56M or 389%), Trailers and semi-trailers, not mechanically propelled... (€696k or 823%), and Cars (€612k or 41.1%). In December 2023, the decrease in Italy's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Refined Copper (€-16.3M or -67.5%), Sulfate Chemical Woodpulp (€-2.27M or -35.1%), and Dried Fruits (€-411k or -29.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€16.1M(24.1%)
IMPORT GROWTH (December 2022 - December 2023)€-2.48M(-5.75%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $1.34B to Chile. The main products exported from Italy to Chile were Harvesting Machinery ($58.8M), Washing and Bottling Machines ($52.9M), and Liquid Pumps ($36.7M). During the last 27 years the exports of Italy to Chile have increased at an annualized rate of 3.39%, from $544M in 1995 to $1.34B in 2022.

In 2022, Chile exported $680M to Italy. The main products exported from Chile to Italy were Refined Copper ($248M), Other Nuts ($110M), and Molybdenum Ore ($54.1M). During the last 27 years the exports of Chile to Italy have increased at an annualized rate of 0.41%, from $609M in 1995 to $680M in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Chile
Top DestinationChina$38.5B

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

In 2021, countries that imported more from Italy than Chile were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Chile than Italy were China ($38.5B), Peru ($1.84B), and Bolivia ($1.21B).

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

Comparative Advantage Italy - Chile

Flow
Scale

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

During 2022, Italy had a large net trade with Chile in the exports of Machines ($612M), Chemical Products ($123M), and Transportation ($103M).

During 2022, Chile had a large net trade with Italy in the exports of Metals ($250M), Vegetable Products ($183M), and Paper Goods ($65.1M).

Service Trade

Bilateral Service Trade

Chl Year

In 2020, Italy exported services to Chile worth $110M, with Other business services ($54.7M), Travel ($18.2M), and Computer and information services ($15M) being the largest in terms of value.

In 2009, Chile exported services to Italy worth $30M, with Transportation ($30M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Chile (Flag) (2020)

Services Exports from Chile (Flag) to Italy (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 Italy has comparative advantage over Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Italy.

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

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