Chile flag Chile: Economic and Political Overview

Foreign trade figures of Chile

Foreign Trade in Figures

Chile has a very open economy, highly dependent on international trade, which represents around 65% of its GDP in 2025 (World Bank). In 2025, copper ores and concentrates accounted for 35.2% of the country's exports and refined copper for 15.9%, followed by fish fillets (3.5%), cherries and other stone fruit (3.4%), gold (2.8%), and chemical wood pulp (2.6%). Imports were led by refined petroleum oils (7.6%), crude oil (4.8%), motor cars (3.8%), goods vehicles (3.5%), and telephones (3.4% - data Comtrade). In 2025, Chile recorded 8,767 exporting companies (+2.3%), a record high. Among them, 5,409 exported manufactured goods, 1,806 shipped agricultural products, and 1,127 provided services abroad. Other key sectors were forestry (325 companies), wine (391), fishing and aquaculture (346), and minerals (264).

Chile's 2025 top exporting partners were China (35.4%), the United States (16.7%), Japan (7.8%), South Korea (4.6%), Brazil (4.4%), and Peru (2% - data SUBREI); whereas imports came chiefly from China (28.5%), the United States (17.8%), Brazil (8.4%), Argentina (7.4%), Germany (3.2%), and Peru (2.3% - data Comtrade). In 2025, 96.7% of Chile's exports went to markets with trade agreements. These exports reached 193 destinations. Chile has signed Free Trade Agreements (FTAs) with several important economies, notably the European Union, the United States, China, and South Korea and is a member of the Pacific Alliance since 2012 with Mexico, Colombia and Peru. Its comparative economic advantages (revenue from mining, competitive and counter-seasonal agriculture sector) have given it access to the large markets of North America, Europe and the Asia-Pacific (and recently to other South American countries, especially Brazil). Chile also signed an association agreement with the UK, ensuring continued trade relations.

Chile's trade balance has been fluctuating in recent years. According to WTO data, in 2025, Chile exported USD 107.0 billion worth of goods (+7.9% y-o-y), while its imports stood at USD 92.7 billion (+10.0%). Exports and imports of services in the same year amounted to USD 13.0 billion (+9.3%) and USD 21.9 billion (+3.9%), respectively. In the same year, the World Bank estimated the country’s trade balance to be positive by 4.1% of GDP (from 3.5% one year earlier). According to the latest report from the Undersecretariat of International Economic Relations (SUBREI), in 2025, Chile's exports reached USD 107.004 billion, a 7.9% increase from the previous year. This growth was driven by record exports of copper concentrates, gold, non-traditional products, food and fresh fruit. The mining sector led exports with USD 63.253 billion (+12.6%), notably in copper concentrates (USD 36.278 billion, +19.3%) and gold shipments (+147.3%).

 
Foreign Trade Values 20212022202320242025
Imports of Goods (million USD) 92,393104,69185,25084,26192,663
Exports of Goods (million USD) 94,60198,47792,97299,164107,005
Imports of Services (million USD) 18,33824,02420,94521,13221,949
Exports of Services (million USD) 5,8448,56410,27011,90913,012

Source: World Trade Organisation (WTO) ; Latest available data

Foreign Trade Indicators 20212022202320242025
Foreign Trade (in % of GDP) 64.875.260.764.065.0
Trade Balance (million USD) 10,3053,57013,84220,78623,847
Trade Balance (Including Service) (million USD) -2,188-11,8903,16811,56314,911
Imports of Goods and Services (Annual % Change) 31.91.3-11.12.110.5
Exports of Goods and Services (Annual % Change) -1.50.80.37.24.6
Imports of Goods and Services (in % of GDP) 32.939.629.930.230.4
Exports of Goods and Services (in % of GDP) 32.035.630.833.734.6

Source: World Bank ; Latest available data

Foreign Trade Forecasts 2026 (e)2027 (e)2028 (e)2029 (e)2030 (e)
Volume of exports of goods and services (Annual % change) 3.93.21.51.81.8
Volume of imports of goods and services (Annual % change) 3.33.82.92.62.9

Source: IMF, World Economic Outlook ; Latest available data

Note: (e) Estimated Data

 
International Economic Cooperation
Chile is a member of the following international economic organisations: Latin American Integration Association (ALADI), IMF, Asia-Pacific Economic Cooperation (APEC), G-15, G-77, ICC, Latin American and the Caribbean Economic System, OECD, Mercosur (associate), among others. For the full list of economic and other international organisations in which participates Chile click here. International organisation membership of Chile is also outlined here.
Free Trade Agreements
The complete and up-to-date list of Free Trade Agreements signed by Chile can be consulted here.
 

Main Partner Countries

Main Customers
(% of Exports)
2025
China 36.8%
United States 16.1%
Japan 8.1%
South Korea 4.7%
Brazil 4.4%
See More Countries 29.9%
Main Suppliers
(% of Imports)
2025
China 28.5%
United States 17.8%
Brazil 8.4%
Argentina 7.4%
Germany 3.2%
See More Countries 34.7%

Source: Comtrade, 2026. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

Main Products

110.4 bn USD of products exported in 2025
Copper ores and concentratesCopper ores and concentrates 35.2%
Copper, refined, and copper alloys, unwrought ...Copper, refined, and copper alloys, unwrought (excl. copper alloys of heading 7405) 15.9%
Fish fillets and other fish meat, whether or not...Fish fillets and other fish meat, whether or not minced, fresh, chilled or frozen 3.5%
Apricots, cherries, peaches incl. nectarines,...Apricots, cherries, peaches incl. nectarines, plums and sloes, fresh 3.4%
Gold, incl. gold plated with platinum, unwrought...Gold, incl. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form 2.8%
See More Products 39.3%
93.0 bn USD of products imported in 2025
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 7.6%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 4.8%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 3.8%
Motor vehicles for the transport of goods, incl....Motor vehicles for the transport of goods, incl. chassis with engine and cab 3.5%
Telephone sets, incl. telephones for cellular...Telephone sets, incl. telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, incl. apparatus for communication in a wired or wireless network [such as a local or wide area network]; parts thereof (excl. than transmission or reception apparatus of heading 8443, 8525, 8527 or 8528) 3.4%
See More Products 76.9%

Source: Comtrade, 2026. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

 
 

To go further, check out our service Import-Export Flows.

 

Main Services

Source: United Nations Statistics Division, 2026. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

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Latest Update: October 2026