In Chile, Pakistan sees a potential partner for expanding its textile, leather, and pharmaceutical exports. The two countries share cordial relations and actively cooperate in international forums. Emphasizing their commitment to mutual prosperity, both nations look to leverage opportunities in trade, with Pakistan aiming to tap into Chile’s developed market. Such interactions not only bolster economic ties but also pave the way for stronger bilateral relationships. Chile’s copper and fruit exports provide prospects for increased trade synergy with Pakistan.
Trade Figures for the last five years are as under:
|
Aggregate Bilateral Annual Trade with Chile |
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|
Million $ |
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|
Years |
Exports |
Imports |
Total Trade |
Trade Balance |
|
2018-19 |
62.35 |
35.52 |
100.87 |
26.83 |
|
2019-20 |
49.78 |
26.13 |
75.91 |
23.65 |
|
2020-21 |
76.51 |
28.59 |
105.1 |
47.92 |
|
2021-22 |
128.02 |
37.20 |
165.22 |
90.82 |
|
2022-23 |
61.24 |
36.99 |
98.23 |
24.25 |
|
2023-24 |
74.61 |
19.78 |
94.39 |
54.83 |