Chile: Trade openness

* indicates monthly or quarterly data series
 Chile

Trade openness: exports plus imports as percent of GDP

 Latest value 75.26
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 50.94
 Min - Max 22.72 - 80.68
 Source The World Bank
For that indicator, we provide data for Chile from 1960 to 2022. The average value for Chile during that period was 50.94 percent with a minimum of 22.72 percent in 1972 and a maximum of 80.68 percent in 2008. The latest value from 2022 is 75.26 percent. For comparison, the world average in 2022 based on 157 countries is 100.30 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Chile - Trade openness - Recent values chart

Historical chart
Chile - Trade openness - historical chart - 1960-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 136.14 2021 percent
 Trade openness 75.26 2022 percent
 Financial openness 1.034 2021 index points
 Exports, percent of GDP 35.67 2022 percent
 Exports, billion dollars 104.47 2023 billion U.S. dollars
 Growth of exports 1.37 2022 percent
 Imports, percent of GDP 39.35 2022 percent
 Imports, billion dollars 100.09 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.93 2022 percent
 Foreign Direct Investment, billion dollars 20.86 2022 billion U.S. dollars
 Portfolio investment inflows, equities -1,416.21 2023 million dollars (current)
 Current account, percent of GDP -3.60 2023 percent
 Current account, in dollars -11.90 2023 billion U.S. dollars
 Trade balance, percent of GDP -3.68 2022 percent
 Trade balance, in dollars 4.54 2023 billion U.S. dollars
 Reserves 39.10 2022 billion U.S. dollars
 Remittances, percent of GDP 0.02 2022 percent
 Remittances 69.39 2022 million U.S. dollars
 Net errors and omissions 1,496.76 2023 million USD
 Foreign exchange reserves 41.40 9/2023 billion
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