Chile Week 2016: the year Chile hails China as its top trade partner

Posted on August 9, 2016 by "Mauricio Vargas S. 帕夏" in R bloggers | 0 Comments

[This article was first published on Reimagined Invention, and kindly contributed to R-bloggers]. (You can report issue about the content on this page here)

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Nice and clean

China now is Chile’s leading trade partner, with their bilateral trade volume having grown fourfold in the past decade.

In 2015, Chilean exports to China amounted to 18 billion US dollars, while imports totaled 14 billion dollars.

In 10 years, the trade volume between the two countries has grown fourfold from 8 billion dollars in 2005 — the year before the free trade agreement (FTA) went into effect — to 32 billion dollars in 2015, and this figure represents 25 percent of Chile’s foreign trade.

Trade dynamics

I was able to create this by using ggplot2 and D3plus. The interesting thing is that the FTA fosters the non-traditional sector.

Here are some charts that are resumed in the tables at the bottom of the page. You can adjust the bar to see the disagregated situation of the previous charts. The play button shows an animation of the observed dinamic since the FTA went into effect.