2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Switzerland-Peru Trade: In 2022, Switzerland exported $147M to Peru. The main products that Switzerland exported to Peru were Vaccines, blood, antisera, toxins and cultures ($22.7M), Packaged Medicaments ($20.5M), and Base Metal Watches ($6.88M). Over the past 5 years the exports of Switzerland to Peru have decreased at an annualized rate of 1.51%, from $158M in 2017 to $147M in 2022.

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

Peru-Switzerland Trade: In 2022, Peru exported $2.08B to Switzerland. The main products that Peru exported to Switzerland were Gold ($1.95B), Silver ($70M), and Tropical Fruits ($24.5M). Over the past 5 years the exports of Peru to Switzerland have decreased at an annualized rate of 2.79%,  from $2.39B in 2017 to $2.08B in 2022.

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

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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, Switzerland exported $147M to Peru. The main products exported from Switzerland to Peru were Vaccines, blood, antisera, toxins and cultures ($22.7M), Packaged Medicaments ($20.5M), and Base Metal Watches ($6.88M). During the last 5 years the exports of Switzerland to Peru have decreased at an annualized rate of 1.51%, from $158M in 2017 to $147M in 2022.

In 2017, Peru exported $2.08B to Switzerland. The main products exported from Peru to Switzerland were Gold ($1.95B), Silver ($70M), and Tropical Fruits ($24.5M). During the last 5 years the exports of Peru to Switzerland have decreased at an annualized rate of 2.79%, from $2.39B in 2022 to $2.08B in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Peru (Flag)

Switzerland Exports

Peru Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Switzerland than Peru included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Peru than Switzerland included Chile ($1.85B), Ecuador ($1.28B), and Bolivia ($813M).

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

Comparative Advantage Switzerland - Peru

Flow
Scale

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

During 2022, Switzerland had a large net trade with Peru in the exports of Chemical Products ($68.4M), Machines ($27.2M), and Instruments ($26.1M).

During 2017, Peru had a large net trade with Switzerland in the exports of Precious Metals ($2.02B), Vegetable Products ($40.7M), and Textiles ($4.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Peru+$20.3MVaccines, blood, antisera, toxins and cultures
Top Product Potential Peru Switzerland+$15.2MCoffee

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

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

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