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Chile Trade Summary

2023

Chile exports, imports, tariff by year.

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 2023

Overall Exports and Imports for Chile 2023

Exports and imports of Chile in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 94,936 million.
  • The total value of imports (CIF) was 85,505 million.
  • At the HS6 digit level, 3,371 products were exported to 180 countries and 4,314 products were imported from 187 countries.

Chile top 5 Export and Import partners 2023

Top five countries to which Chile exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Chile exports to China worth US$ 37,449 million, with a partner share of 39.45 percent.
  2. Chile exports to United States worth US$ 14,308 million, with a partner share of 15.07 percent.
  3. Chile exports to Japan worth US$ 6,803 million, with a partner share of 7.17 percent.
  4. Chile exports to Korea, Rep. worth US$ 6,020 million, with a partner share of 6.34 percent.
  5. Chile exports to Brazil worth US$ 4,279 million, with a partner share of 4.51 percent.

Top five countries from which Chile imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Chile imports from China worth US$ 19,830 million, with a partner share of 23.19 percent.
  2. Chile imports from United States worth US$ 17,160 million, with a partner share of 20.07 percent.
  3. Chile imports from Brazil worth US$ 8,771 million, with a partner share of 10.26 percent.
  4. Chile imports from Argentina worth US$ 5,729 million, with a partner share of 6.70 percent.
  5. Chile imports from Germany worth US$ 2,811 million, with a partner share of 3.29 percent.

Chile Top 5 Productsexports imports at HS 6 digit level 2023

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 24,322,170.24 (US$ Thousands).
  2. Chile exported Copper cathodes and sections of cathodes unwrou , worth 16,948,007.00 (US$ Thousands).
  3. Chile exported Lithium carbonates , worth 5,430,282.02 (US$ Thousands).
  4. Chile exported Cherries, fresh , worth 2,336,818.83 (US$ Thousands).
  5. Chile exported Copper unrefined, copper anodes for electrolyti , worth 2,134,844.50 (US$ Thousands).

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 8,725,930.69 (US$ Thousands).
  2. Chile imported Petroleum oils and oils obtained from bituminou , worth 5,219,763.00 (US$ Thousands).
  3. Chile imported Transmission apparatus, for radioteleph incorpo , worth 2,132,429.68 (US$ Thousands).
  4. Chile imported Diesel powered trucks with a GVW not exceeding , worth 1,384,200.79 (US$ Thousands).
  5. Chile imported Automobiles with reciprocating piston engine di , worth 1,287,555.57 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Chile in 2023 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 0.47 .
  • The total duty free imports in thousands of US dollars were 67,289,925.72 and duty free tariff line items share was 81.44 percent.

Development Indicators 2023

Key Development Indicators of Chile in 2023 are below

  • Chile GDP in current US dollar was 335,518 million.
  • GNI per capita, Atlas method (current US$) was 15,950.00 .
  • Chile Trade balance: as % of GDP was 0.90.
  • Trade balance in current US$ was 3,011.00 million.
  • Trade as percentage of GDP was 60.72 .
  • Trade in services as percentage of GDP was 9.30 .

Trade Indicators 2023

Trade Indicators for Chile in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 5.34.
  • World Growth in percentage was -3.13 and Chile Country Growth was -2.04 .