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Chile Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

66.73% +2.87% (+4.5%)
Year 2025 Rank #121 Global Peak 80.68% (2008) Source World Bank

Chile Trade Openness (1960–2025)

Overview

Chile's trade openness stood at 66.73% in 2025, a rise of +2.87% from 2024. Based on recent trends, this figure is projected to reach 66.73% by 2025. Chile ranked 121st globally.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 68.17% - -
2026* trend 67.45% - -
2025* trend 66.73% - -
2025 66.73% +2.87% #121
2024 63.86% +3.14% #57
2023 60.72% −14.48% #48
2022 75.20% +10.32% #73
2021 64.88% +6.69% #68
2020 58.18% +0.57% #65
2019 57.61% −0.57% #50
2018 58.18% +2.15% #49
2017 56.03% −0.03% #50
2016 56.06% −3.29% #53
2015 59.35% −6.29% #60
2014 65.63% +0.49% #65
2013 65.14% −3.01% #64
2012 68.16% −4.33% #61
2011 72.48% +2.76% #67
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.0% GDP growth 5.9% C/A balance 0.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Chile matched the Export Boom Cycle pattern in 2010. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Chile's trade openness?

Chile's trade openness was 66.73% in 2025. Ranked 121st globally. This represents a 4.5% increase from the previous year.

What was the highest trade openness in Chile?

Chile's trade openness peaked at 80.68% in 2008.

What was the lowest trade openness in Chile?

The lowest trade openness in Chile was 22.30% in 1972.

How does Chile rank in trade openness?

Chile ranks 121st globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Chile in 2025?

Chile's trade openness is projected to reach 66.73% by 2025 based on trend extrapolation.

What is the trade openness of Chile in 2025?

The trade openness of Chile in 2025 was 66.73%. This ranks 121st in the world.

Cite this page

APA
Chile Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/chile/trade-openness
BibTeX
@misc{historysaid_chile_trade-openness, title = {Chile Trade Openness}, url = {https://historysaid.com/chile/trade-openness}, publisher = {HistorySaid}, year = {2026} }