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Chile Trade (% GDP)

Chile's trade (% GDP) rose to 63.86% in 2024, up from 60.72% in 2023, according to World Bank. This represents an increase of 3.14% from the previous year. Chile has trade (% GDP) lower than the global median (63.86% vs median 84.49%). Compared with the median in Americas, Chile is lower (63.86% vs regional median 78.04%) and ranks 21st out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 63.86%
2023 60.72%
2022 75.2%
2021 64.88%
2020 58.18%
2019 57.61%
2018 58.18%
2017 56.03%
2016 56.06%
2015 59.35%
2014 65.63%
2013 65.14%
2012 68.16%
2011 72.48%
2010 69.72%
2009 66.69%
2008 80.68%
2007 76.98%
2006 73.71%
2005 72.06%
2004 69.89%
2003 65.69%
2002 62.48%
2001 62.14%
2000 58.71%
1999 54.7%
1998 53.84%
1997 54.1%
1996 53.92%
1995 54.69%
1994 52.81%
1993 52.91%
1992 55.54%
1991 57.51%
1990 61.21%
1989 62.63%
1988 58.16%
1987 53.34%
1986 51.24%
1985 49.97%
1984 46.55%
1983 44.24%
1982 39.5%
1981 40.96%
1980 47.23%
1979 46.73%
1978 42.46%
1977 40.85%
1976 43.47%
1975 49.45%
1974 37.96%
1973 28.01%
1972 22.3%
1971 22.62%
1970 27.97%
1969 29.8%
1968 26.45%
1967 26.62%
1966 27.38%
1965 25.62%
1964 25.05%
1963 26.54%
1962 23.59%
1961 26.28%
1960 28.2%
Chile Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Chile divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $99.09B $94.94B 2024
Annual Imports $84.29B $85.51B 2024
Balance of Trade $933M $910M Sep'25
Exports $8.4B $7.9B Sep'25
Exports (% GDP) 33.72% 30.81% 2024
FDI Inflows (% GDP) 3.79% 5.48% 2024
Imports $7.5B $7B Sep'25
Imports (% GDP) 30.14% 29.91% 2024
Net Trade (Goods & Services, BoP) $11.88B $3.17B 2024
Tariff Rate 1.03% 1.07% 2022