Country intelligence · CHL · 2024

Chile trade profile

In 2024, Chile recorded $98.6B in merchandise exports and $81.7B in imports, producing a $16.9B trade surplus. Exports changed +1.8% from the previous year, while imports changed -0.1%.[1]

Exports

$98.6B

+1.8%

Imports

$81.7B

-0.1%

Trade balance

$16.9B

surplus

Active partners

270

61 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$98.6B$81.7B$16.9B+1.8%
2023$96.8B$81.8B$15.1B-3.1%
2022$99.9B$96.3B$3.6B+7.2%
2021$93.2B$87.4B$5.8B+29.8%
2020$71.8B$56.9B$14.9B+3.8%
2019$69.2B$67.8B$1.4B-7.1%
2018$74.5B$71.4B$3.1B+10.3%
2017$67.6B$62.4B$5.2B+13.6%
2016$59.4B$56.9B$2.5B-5.4%
2015$62.8B$60.2B$2.6B-15.9%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 26 · HS chapter

37 active HS6 lines · 48 export partners

$33.7B
2

HS 74 · HS chapter

48 active HS6 lines · 59 export partners

$20.3B
3

HS 08 · HS chapter

66 active HS6 lines · 133 export partners

$9.5B
4

HS 03 · HS chapter

201 active HS6 lines · 135 export partners

$7.5B
5

HS 28 · HS chapter

172 active HS6 lines · 107 export partners

$5.5B
6

HS 47 · HS chapter

20 active HS6 lines · 59 export partners

$3.3B
7

HS 44 · HS chapter

95 active HS6 lines · 107 export partners

$2.4B
8

HS 71 · Precious metals and stones

50 active HS6 lines · 64 export partners

$1.8B

Leading export markets

Destinations rank bilateral export flows from Chile; growth describes each corridor rather than the whole economy.

1

China

Annual change -1.8% · 3-year CAGR 1.4%

$37.6B
2

United States

Annual change +5.9% · 3-year CAGR 2.2%

$15.8B
3

Japan

Annual change +15.5% · 3-year CAGR 4.0%

$8.0B
4

Brazil

Annual change +16.7% · 3-year CAGR 3.6%

$5.0B
5

South Korea

Annual change -28.9% · 3-year CAGR -0.4%

$4.6B
6

India

Annual change +67.1% · 3-year CAGR 26.5%

$2.4B
7

Mexico

Annual change -2.0% · 3-year CAGR 2.2%

$1.9B
8

Spain

Annual change +48.3% · 3-year CAGR 5.9%

$1.8B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.