Flag Brazil / Peru Flag

Exports FlagFlag  (2018): $2.19B, Rnk 26 / 216

Top Product FlagFlag (2018): $144M, Delivery Trucks

Exports FlagFlag (2018): $1.73B, Rnk 8 / 178

Top Product FlagFlag (2018): $458M, Refined Petroleum

Economic Complexity of Flag (2018): ECI 0.62, Rnk 39 / 137

Economic Complexity of Flag (2018): ECI -0.6, Rnk 94 / 137

Brazil-Peru: In 2018, Brazil exported $2.19B to Peru. The main products exported from Brazil to Peru were Delivery Trucks ($144M), Cars ($135M), and Uncoated Paper ($121M). During the last 23 years the exports of Brazil to Peru have increased at an annualized rate of 7.07%, from $455M in 1995 to $2.19B in 2018.

Peru-Brazil: In 2018, Peru exported $1.73B to Brazil. The main products exported from Peru to Brazil were Refined Petroleum ($458M), Copper Ore ($386M), and Zinc Ore ($242M). During the last 23 years the exports of Peru to Brazil have increased at an annualized rate of 9.64%, from $208M in 1995 to $1.73B in 2018.

Comparison: In 2018, Brazil ranked 39 in the Economic Complexity Index (ECI 0.62), and 25 in total exports ($242B). That same year, Peru ranked 94 in the Economic Complexity Index (ECI -0.6), and 53 in total exports ($48.5B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Brazil exported $2.19B to Peru. The main products exported from Brazil to Peru were Delivery Trucks ($144M), Cars ($135M), and Uncoated Paper ($121M). During the last 23 years the exports of Brazil to Peru have increased at an annualized rate of 7.07%, from $455M in 1995 to $2.19B in 2018.

In 2018, Peru exported $1.73B to Brazil. The main products exported from Peru to Brazil were Refined Petroleum ($458M), Copper Ore ($386M), and Zinc Ore ($242M). During the last 23 years the exports of Peru to Brazil have increased at an annualized rate of 9.64%, from $208M in 1995 to $1.73B in 2018.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $64.3B

Peru
Top Destination
: China, $13.3B

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 2018, countries that imported more from Brazil than Peru were China ($64.3B), United States ($29.3B), and Argentina ($15B).

In 2018, countries that imported more from Peru than Brazil were Switzerland ($2.14B), Haiti ($55.1M), and Eritrea ($421k).

Comparative Advantage Brazil - Peru

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Depth

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

During 2018, Brazil had a large net trade with Peru in the exports of Transportation ($549M), Machines ($319M), and Metals ($318M).

During 2018, Peru had a large net trade with Brazil in the exports of Mineral Products ($1.17B), Metals ($237M), and Chemical Products ($87.7M).

Tariff Section

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This sections shows import tariffs for products traded between Brazil and Peru (using the HS6 product classification and the last year reported).

In 2018, the products from Brazil that paid the highest import tariffs to enter Peru were Worn clothing and other worn articles (25.2%) and Undenatured ethyl alcohol > 80% by volume (14.4%).

In 2018, the products from Peru that paid the highest import tariffs to enter Brazil were Worn clothing and other worn articles (11%) and Undenatured ethyl alcohol > 80% by volume (6%).

Explore Tariff Data

*The tariffs present between Brazil and Peru are:
23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. 12 del TM80
60: AAP.CE N° 58 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay y Perú
60: AAP.CE N° 58 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay y Perú
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Trade Forecasts

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This section shows a forecast for total trade between Brazil and Peru. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Peru. Similarly, the more red a dot/product is, the more Peru has comparative advantage over Brazil.