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2023
Flag → Flag
Exports $3.63BRnk 24 / 221
2023
Flag → Flag
Top Product $644MCrude Petroleum
2023
Flag → Flag
Exports $1.81BRnk 10 / 177
2023
Flag → Flag
Top Product $358MRefined Copper
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Brazil-Peru Trade: In 2023, Brazil exported $3.63B to Peru. The main products that Brazil exported to Peru were Crude Petroleum ($644M), Delivery Trucks ($300M), and Large Construction Vehicles ($230M). Over the past 5 years the exports of Brazil to Peru have increased at an annualized rate of 8.68%, from $2.4B in 2018 to $3.63B in 2023.

In 2023, Brazil did not export any services to Peru.

Peru-Brazil Trade: In 2023, Peru exported $1.81B to Brazil. The main products that Peru exported to Brazil were Refined Copper ($358M), Refined Petroleum ($337M), and Crude Petroleum ($222M). Over the past 5 years the exports of Peru to Brazil have increased at an annualized rate of 0.029%,  from $1.81B in 2018 to $1.81B in 2023.

In 2023, Peru did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $233M and imported $91.8M from Peru, resulting in a positive trade balance of $141M. Between December 2023 and December 2024 the exports of Brazil have increased by $38.6M (19.9%) from $194M to $233M, while imports increased by $19.5M (26.9%) from $72.3M to $91.8M.

Trade In December 2024, the top exports of Brazil to Peru were Large Construction Vehicles ($13.7M), Uncoated Paper ($13M), Cars ($12M), Delivery Trucks ($11M), and Raw Iron Bars ($10.7M). In December 2024 the top imports of Brazil from Peru were Refined Copper ($44.4M), Zinc Ore ($9M), Calcium Phosphates ($7.41M), Knit T-shirts ($4.13M), and Silver ($3.23M).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($103M), Paraná ($44.6M), Rio Grande do Sul ($24.9M), Minas Gerais ($15.4M), and Santa Catarina ($13.1M), while imports destinations were mainly Santa Catarina ($29.6M), Minas Gerais ($16.8M), São Paulo ($12.9M), Rio de Janeiro ($9.62M), and Amazonas ($6.4M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Peru was explained primarily by an increase in product exports in Raw Iron Bars ($10.7M or 1.9M%), Large Construction Vehicles ($4.18M or 43.8%), and Sulfate Chemical Woodpulp ($3.27M or 182%). In December 2024, the increase in Brazil's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Refined Copper ($7.08M or 18.9%), Phosphinates (hypophosphites) and phosphonates (phosphites) ($1.28M or 236%), and Molluscs ($1M or 81.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$38.6M(19.9%)
IMPORT GROWTH (December 2023 - December 2024)$19.5M(26.9%)
MAIN EXPORTER (December 2024)São Paulo$103M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Peru and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $3.63B to Peru. The main products exported from Brazil to Peru were Crude Petroleum ($644M), Delivery Trucks ($300M), and Large Construction Vehicles ($230M). During the last 5 years the exports of Brazil to Peru have increased at an annualized rate of 8.68%, from $2.4B in 2018 to $3.63B in 2023.

In 2018, Peru exported $1.81B to Brazil. The main products exported from Peru to Brazil were Refined Copper ($358M), Refined Petroleum ($337M), and Crude Petroleum ($222M). During the last 5 years the exports of Peru to Brazil have increased at an annualized rate of 0.029%, from $1.81B in 2023 to $1.81B in 2018.

Exports from Brazil (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Brazil than Peru included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Peru than Brazil included Switzerland ($2.42B), Namibia ($217M), and North Korea ($18.5M).

Difference in imports from Peru (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Peru

Flow
Scale

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

During 2023, Brazil had a large net trade with Peru in the exports of N/A.

During 2018, Peru had a large net trade with Brazil in the exports of Mineral Products ($951M), Metals ($483M), and Chemical Products ($94.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Peru+$155MCrude Petroleum
Top Product Potential Peru Brazil+$139MRefined 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

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

Product Space of Brazil (Flag) and Peru (Flag) (2023)

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