Belarus (BLR) and Peru (PER) Trade | The Observatory of Economic Complexity

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Belarus-Peru Trade: In 2022, Belarus exported $1.35M to Peru. The main products that Belarus exported to Peru were Hand Saws ($638k), Plastic Pipes ($281k), and Microscopes ($114k). Over the past 5 years the exports of Belarus to Peru have decreased at an annualized rate of 31.9%, from $9.2M in 2017 to $1.35M in 2022.

In 2014, Belarus exported services to Peru worth $600, with Government services, n.i.e. ($600) being the largest in terms of value.

Peru-Belarus Trade: In 2022, Peru exported $6.51M to Belarus. The main products that Peru exported to Belarus were N/A. Over the past 5 years the exports of Peru to Belarus have increased at an annualized rate of 10.1%, from $4.02M in 2017 to $6.51M in 2022.

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

Comparison: In 2022, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belarus exported $1.35M to Peru. The main products exported from Belarus to Peru were Hand Saws ($638k), Plastic Pipes ($281k), and Microscopes ($114k). During the last 5 years the exports of Belarus to Peru have decreased at an annualized rate of 31.9%, from $9.2M in 2017 to $1.35M in 2022.

In 2016, Peru exported $6.51M to Belarus. There were not main exports from Peru to Belarus in 2016. During the last 5 years the exports of Peru to Belarus have increased at an annualized rate of 10.1%, from $4.02M in 2021 to $6.51M in 2016.

Exports from Belarus () to Peru () (2022)

Exports from Peru () to Belarus () (2022)

Latest Data

Trade between Belarus () and Peru ()

Belarus Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$1.6B

Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Belarus than Peru included Ukraine ($1.29B), Kazakhstan ($827M), and Poland ($933M).

In 2022, countries that imported more from Peru than Belarus included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

Difference in imports from Peru () and Belarus () (2022)

Comparative Advantage Belarus - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belarus had a large net trade with Peru in the exports of Metals ($688k), Plastics and Rubbers ($353k), and Instruments ($218k).

During 2016, Peru had a large net trade with Belarus in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Peru+$121kMedical Instruments

Top Product Potential Peru Belarus+$3.01kRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Belarus () to Peru () (2022)

Exports from Peru () to Belarus () (2022)

Latest Data

Trade between Belarus () and Peru ()

Belarus Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Belarus () (2022)

Comparative Advantage Belarus - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belarus () and Peru () (2022)

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