2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
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GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Australia-Peru Trade: In 2022, Australia exported $209M to Peru. The main products that Australia exported to Peru were Cyanides ($43.9M), Barley ($34.7M), and Malt ($22.7M). Over the past 5 years the exports of Australia to Peru have increased at an annualized rate of 8.18%, from $141M in 2017 to $209M in 2022.

In 2009, Australia exported services to Peru worth $68.9M, with Travel ($51.5M), Other business services ($15.8M), and Government services, n.i.e. ($1.58M) being the largest in terms of value.

Peru-Australia Trade: In 2022, Peru exported $109M to Australia. The main products that Peru exported to Australia were Fish Oil ($28M), Animal Meal and Pellets ($21.3M), and Coffee ($11.6M). Over the past 5 years the exports of Peru to Australia have decreased at an annualized rate of 15.3%,  from $250M in 2017 to $109M in 2022.

In 2022, Peru did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $209M to Peru. The main products exported from Australia to Peru were Cyanides ($43.9M), Barley ($34.7M), and Malt ($22.7M). During the last 5 years the exports of Australia to Peru have increased at an annualized rate of 8.18%, from $141M in 2017 to $209M in 2022.

In 2017, Peru exported $109M to Australia. The main products exported from Peru to Australia were Fish Oil ($28M), Animal Meal and Pellets ($21.3M), and Coffee ($11.6M). During the last 5 years the exports of Peru to Australia have decreased at an annualized rate of 15.3%, from $250M in 2022 to $109M in 2017.

Exports from Australia (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Peru (Flag)

Australia Exports

Peru Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Australia than Peru included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Peru than Australia included Ecuador ($1.28B), Chile ($1.85B), and Colombia ($1.05B).

Difference in imports from Peru (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Peru

Flow
Scale

This chart compares trade between Australia and Peru by product, considering products traded by both, Australia and Peru.

During 2022, Australia had a large net trade with Peru in the exports of Chemical Products ($93.3M), Vegetable Products ($58.2M), and Machines ($38.7M).

During 2017, Peru had a large net trade with Australia in the exports of Foodstuffs ($31.9M), Animal and Vegetable Bi-Products ($28.9M), and Vegetable Products ($26.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Peru+$1.45MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Peru Australia+$6.88MCoffee

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 Australia and Peru. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Peru (Flag) (2022)

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