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Chile Trade Summary

2020

Chile exports, imports, tariff by year.
Chile monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CHILE 2020

Overall Exports and Imports for Chile 2020

Exports and imports of Chile in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 74,081 million.
  • The total value of imports (CIF) was 59,201 million.
  • At the HS6 digit level, 3,280 products were exported to 180 countries and 4,352 products were imported from 178 countries.

Chile top 5 Export and Import partners 2020

Top five countries to which Chile exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Chile exports to China worth US$ 28,685 million, with a partner share of 38.72 percent.
  2. Chile exports to United States worth US$ 9,786 million, with a partner share of 13.21 percent.
  3. Chile exports to Japan worth US$ 6,624 million, with a partner share of 8.94 percent.
  4. Chile exports to Korea, Rep. worth US$ 4,183 million, with a partner share of 5.65 percent.
  5. Chile exports to Brazil worth US$ 3,082 million, with a partner share of 4.16 percent.

Top five countries from which Chile imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Chile imports from China worth US$ 16,431 million, with a partner share of 27.75 percent.
  2. Chile imports from United States worth US$ 10,534 million, with a partner share of 17.79 percent.
  3. Chile imports from Brazil worth US$ 4,358 million, with a partner share of 7.36 percent.
  4. Chile imports from Argentina worth US$ 3,309 million, with a partner share of 5.59 percent.
  5. Chile imports from Germany worth US$ 2,294 million, with a partner share of 3.87 percent.

Chile Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Chile along with trade value are:

  1. Chile exported Copper ores and concentrates , worth US$ 21,761,684.61 million.
  2. Chile exported Copper cathodes and sections of cathodes unwrou , worth US$ 14,590,149.35 million.
  3. Chile exported Copper unrefined, copper anodes for electrolyti , worth US$ 2,010,708.80 million.
  4. Chile exported Cherries, fresh , worth US$ 1,582,946.16 million.
  5. Chile exported Wine (not sparkling); grape must with by alcoho , worth US$ 1,473,353.23 million.

The top five imported HS 6 digit level products from world by Chile along with trade value are

  1. Chile imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,148,267.84 million.
  2. Chile imported Transmission apparatus, for radioteleph incorpo , worth US$ 2,326,908.28 million.
  3. Chile imported Petroleum oils and oils obtained from bituminou , worth US$ 2,319,341.89 million.
  4. Chile imported Fresh or chilled boneless bovine meat , worth US$ 976,394.37 million.
  5. Chile imported DC motors, DC generators, of an output exceedin , worth US$ 967,422.39 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Chile in 2020 are below

  • The maximum rate of tariff in percentage on any product was 6 percent.
  • The simple average tariff across all products was 1.03 percent.
  • The trade weighted average tariff was 0.43 .
  • The total duty free imports in thousands of US dollars were 58,004,040.48 and duty free tariff line items share was 81.32 percent.

Development Indicators 2020

Key Development Indicators of Chile in 2020 are below

  • Chile GDP in current US dollar was 254,096 million.
  • GNI per capita, Atlas method (current US$) was 13,010.00 .
  • Chile Trade balance: as % of GDP was 4.47.
  • Trade balance in current US$ was 11,369.00 million.
  • Trade as percentage of GDP was 58.13 .
  • Trade in services as percentage of GDP was 7.31 .

Trade Indicators 2020

Trade Indicators for Chile in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 4.98.
  • World Growth in percentage was -3.75 and Chile Country Growth was 0.14 .