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Strategic Lens

Chile and Mexico

First country

Second country

In 2025, Chile sold USD 1.86 billion of goods to Mexico and bought USD 1.60 billion from it. The DESTA database lists 10 trade agreements that include both countries, the most recent being Chile Mexico (consolidated) (2024). Both are members of the OECD and APEC. Their agreement score in UN General Assembly voting was 95 percent in 2023, and 95 percent on average over 2019 to 2023.

Benefits

  • BothTrade in goods runs both ways in similar amounts: Chile sold USD 1.86 billion and Mexico sold USD 1.60 billion in 2025.
  • BothTwo-way trade in pharmaceutical products grew 94 percent, from USD 53.2 million in 2019 to USD 103 million in 2025.
  • BothChile Mexico (consolidated), signed 2024.

Constraints

  • BothThe two countries' customs reports differ on goods sold by Mexico to Chile in 2025: Chile reports USD 1.60 billion and Mexico reports USD 1.07 billion.
  • BothFlows are one-sided: in 2025, Chile sold USD 306 million of critical minerals and metals, and Mexico sold almost none.
  • BothFlows are one-sided: in 2025, Chile sold USD 835 million of agricultural and food products, against USD 152 million the other way.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026); DESTA: Design of Trade Agreements database, version 02_03 (retrieved 25 September 2026); Wikidata, statements on membership (property P463) (retrieved 26 September 2026); United Nations General Assembly voting data (Voeten, Strezhnev and Bailey), agreement scores (retrieved 25 September 2026)

Last updated on 26 September 2026

At a glance

Goods trade, both ways
USD 3.46 billion
2025, as reported by Chile
Chile to Mexico
USD 1.86 billion
2025, as reported by Chile
Mexico to Chile
USD 1.60 billion
2025, as reported by Chile

What connects Chile and Mexico

Economy

Trade in goodsIn 2025, Chile sold USD 1.86 billion of goods to Mexico and bought USD 1.60 billion from it.

Resources

Critical mineralsIn 2025, Chile sold USD 306 million of critical minerals and metals to Mexico.Agriculture and foodIn 2025, Chile sold USD 835 million of agricultural and food products to Mexico and bought USD 152 million from it.FertiliserIn 2025, Chile sold USD 119 million of fertilisers to Mexico and bought USD 28.1 million from it.

Industry

Supply chains and manufacturingIn 2025, Chile sold USD 72.0 million of machinery, vehicles and iron and steel to Mexico and bought USD 498 million from it.TechnologyIn 2025, Chile sold USD 10.2 million of electrical and electronic equipment to Mexico and bought USD 238 million from it.Pharma and healthIn 2025, Chile sold USD 8.7 million of pharmaceutical products to Mexico and bought USD 94.4 million from it.

Diplomacy

Agreements and treatiesThe DESTA database lists 10 trade agreements that include both countries, the most recent being Chile Mexico (consolidated) (2024).Multilateral alignmentBoth are members of the OECD and APEC. Their agreement score in UN General Assembly voting was 95 percent in 2023, and 95 percent on average over 2019 to 2023.Diaspora and mobilityIn 2024, 16 thousand people born in Chile lived in Mexico, and 7 thousand people born in Mexico lived in Chile.

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