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Trade between Chile and Switzerland

In 2024, Chile exported $1 billion to Switzerland and imported $313 million. Chile ran a surplus of $714 million with Switzerland, compared with a surplus of $460 million in 2019. Switzerland was Chile’s 20th largest trading partner (0.7% of its trade), and Chile was Switzerland’s 56th (0.2%).

Summary

Chile → Switzerland
$1billion
Switzerland → Chile
$313million
Chile’s balance
$714million

Balance

Chile’s trade balance with Switzerland

Trade between Chile and Switzerland grew 6.4-fold since 1995

USD billions (current). Chile’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1
  • Imports 0.3
  • Balance +0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$79 million$129 million-$50 million
1996$85 million$126 million-$41 million
1997$68 million$120 million-$51 million
1998$69 million$125 million-$55 million
1999$105 million$180 million-$75 million
2000$96 million$130 million-$33 million
2001$181 million$119 million$62 million
2002$87 million$107 million-$20 million
2003$114 million$105 million$9 million
2004$84 million$110 million-$26 million
2005$77 million$152 million-$75 million
2006$146 million$175 million-$29 million
2007$221 million$177 million$44 million
2008$266 million$230 million$37 million
2009$401 million$218 million$183 million
2010$536 million$225 million$312 million
2011$804 million$334 million$470 million
2012$1.2 billion$326 million$857 million
2013$1.1 billion$349 million$752 million
2014$886 million$296 million$590 million
2015$598 million$272 million$326 million
2016$534 million$268 million$266 million
2017$492 million$263 million$229 million
2018$555 million$288 million$267 million
2019$764 million$304 million$460 million
2020$836 million$300 million$536 million
2021$933 million$323 million$610 million
2022$919 million$342 million$577 million
2023$719 million$312 million$407 million
2024$1 billion$313 million$714 million

What they sell each other

What Chile sells to Switzerland

The top 10 headings in 2024, with their share of the total.

  1. Gold$893 million · 86.9%
    179 tonnes · Switzerland’s sources
  2. Silver$35 million · 3.4%
    20 tonnes
  3. Refined copper$33 million · 3.2%
    4 thousand tonnes · Chile’s destinations
  4. Slag and ash with metals$10 million · 1%
    4 thousand tonnes
  5. 921 tonnes
  6. 2 thousand tonnes
  7. Wine$7 million · 0.65%
    3 thousand tonnes · Chile’s destinations
  8. Platinum$6 million · 0.58%
    1 tonne · Switzerland’s sources
  9. 752 tonnes
  10. 1 tonne · Switzerland’s sources

What Switzerland sells to Chile

The top 10 headings in 2024, with their share of the total.

  1. Vaccines, blood and antisera$65 million · 20.8%
    34 tonnes · Switzerland’s destinations
  2. 66 tonnes · Switzerland’s destinations
  3. Other wristwatches$15 million · 4.9%
    5 tonnes
  4. 9 tonnes
  5. 49 tonnes · Switzerland’s destinations
  6. Soft drinks$9 million · 3%
    3 thousand tonnes
  7. Coffee$6 million · 2.1%
    244 tonnes · Switzerland’s destinations
  8. 24 tonnes
  9. Turbojets and gas turbines$5 million · 1.7%
    17 tonnes
  10. Surveying instruments$5 million · 1.7%
    9 tonnes

How it travels

Chile and Switzerland traded $1.3 billion in 2024 (both directions together). They trade mostly by air: 88% of the value travels by plane.

Split by transport mode

  1. Sea$154 million · 11.5%
  2. Air$1.2 billion · 88.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Switzerland was Chile’s 20th largest trading partner (0.7% of its trade), and Chile was Switzerland’s 56th (0.2%).

Switzerland in Chile’s trade
0.7%
Switzerland’s rank among Chile’s partners
20th
Chile in Switzerland’s trade
0.2%
Chile’s rank among Switzerland’s partners
56th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.