2023
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GDP
$514BCURRENT US$
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2013-2023
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GDP GROWTH
28.5%CURRENT US$
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2023
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 GDP
$268BCURRENT US$
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GDP GROWTH
33%CURRENT US$
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2023
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GDP PC 
$49,041CURRENT US$
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2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
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2023
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GDP PC
$7,907CURRENT US$
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2013-2023
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GDP PC GROWTH
17.2%CURRENT US$
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About

United Arab Emirates-Peru Trade: In 2023, United Arab Emirates exported $53.7M to Peru. The main products that United Arab Emirates exported to Peru were Ethylene Polymers ($16.8M), Special purpose motor vehicles ($8.3M), and Propylene Polymers ($5.83M). Over the past 5 years the exports of United Arab Emirates to Peru have increased at an annualized rate of 3.37%, from $45.5M in 2018 to $53.7M in 2023.

In 2023, United Arab Emirates did not export any services to Peru.

Peru-United Arab Emirates Trade: In 2023, Peru exported $1.08B to United Arab Emirates. The main products that Peru exported to United Arab Emirates were Gold ($1.04B), Other Fruits ($6.47M), and Silver ($5.6M). Over the past 5 years the exports of Peru to United Arab Emirates have increased at an annualized rate of 18.8%,  from $455M in 2018 to $1.08B in 2023.

In 2023, Peru did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $53.7M to Peru. The main products exported from United Arab Emirates to Peru were Ethylene Polymers ($16.8M), Special purpose motor vehicles ($8.3M), and Propylene Polymers ($5.83M). During the last 5 years the exports of United Arab Emirates to Peru have increased at an annualized rate of 3.37%, from $45.5M in 2018 to $53.7M in 2023.

In 2018, Peru exported $1.08B to United Arab Emirates. The main products exported from Peru to United Arab Emirates were Gold ($1.04B), Other Fruits ($6.47M), and Silver ($5.6M). During the last 5 years the exports of Peru to United Arab Emirates have increased at an annualized rate of 18.8%, from $455M in 2023 to $1.08B in 2018.

Exports from United Arab Emirates (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Peru (Flag)

United Arab Emirates Exports

Peru Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Peru
Top Destination
China$22.5B

This map shows whether countries import more from United Arab Emirates or Peru. Each country is colored based on the difference in imports they receive from United Arab Emirates and Peru or the difference in the growth in imports.

In 2023, countries that imported more from United Arab Emirates than Peru included India ($38.2B), Japan ($37.4B), and Iraq ($22.6B).

In 2023, countries that imported more from Peru than United Arab Emirates included United States ($9.3B), Canada ($3.24B), and Chile ($1.92B).

Difference in imports from Peru (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Peru

Flow
Scale

This chart compares trade between United Arab Emirates and Peru by product, considering products traded by both, United Arab Emirates and Peru.

During 2023, United Arab Emirates had a large net trade with Peru in the exports of Plastics and Rubbers ($26.6M), Transportation ($9.7M), and Chemical Products ($5.63M).

During 2018, Peru had a large net trade with United Arab Emirates in the exports of Precious Metals ($1.04B), Vegetable Products ($17.9M), and Metals ($4.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Peru+$20.2MRefined Petroleum
Top Product Potential Peru United Arab Emirates+$39.4MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Peru. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Peru (Flag) (2023)

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