Flag Chile / Peru Flag

Exports FlagFlag  (2018): $1.71B, Rnk 6 / 180

Top Product FlagFlag (2018): $113M, Other Steel Bars

Exports FlagFlag (2018): $1.24B, Rnk 10 / 178

Top Product FlagFlag (2018): $200M, Molybdenum Ore

Economic Complexity of Flag (2018): ECI -0.12, Rnk 74 / 137

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

GDP Flag (2018): $298B, CURRENT US$
Rnk 40 / 196

GDP GROWTH Flag (2008-2018): 66%, CURRENT US$
Rnk 60 / 196

GDP Flag (2018): $222B, CURRENT US$
Rnk 49 / 196

GDP GROWTH Flag (2008-2018): 84.2%, CURRENT US$
Rnk 45 / 196

GDP PC Flag (2018): $15,923, CURRENT US$
Rnk 59 / 196

GDP PC GROWTH Flag (2008-2018): 48.1%, CURRENT US$
Rnk 48 / 196

GDP PC Flag (2018): $6,941, CURRENT US$
Rnk 95 / 196

GDP PC GROWTH Flag (2008-2018): 64.5%, CURRENT US$
Rnk 32 / 196

Chile-Peru: In 2018, Chile exported $1.71B to Peru. The main products exported from Chile to Peru were Other Steel Bars ($113M), Copper Ore ($108M), and Sulfate Chemical Woodpulp ($62.6M). During the last 23 years the exports of Chile to Peru have increased at an annualized rate of 6.28%, from $421M in 1995 to $1.71B in 2018. In 2009, Chile exported services to Peru worth $391M, with Transportation ($245M), Other business services ($73M), and Travel ($57.6M) being the largest in terms of value.

Peru-Chile: In 2018, Peru exported $1.24B to Chile. The main products exported from Peru to Chile were Molybdenum Ore ($200M), Crude Petroleum ($87.6M), and Sulfuric Acid ($69.8M). During the last 23 years the exports of Peru to Chile have increased at an annualized rate of 9.53%, from $153M in 1995 to $1.24B in 2018.

Comparison: In 2018, Chile ranked 74 in the Economic Complexity Index (ECI -0.12), and 43 in total exports ($76.7B). That same year, Peru ranked 94 in the Economic Complexity Index (ECI -0.6), and 53 in total exports ($48.5B). In terms of GDP Per Capita, Chile was ranked 59 with a GDP Per Capita of $15,923, and Peru was ranked 95 with a GDP Per Capita of $6,941.

Bilateral Trade by Products

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Depth
Value

In 2018, Chile exported $1.71B to Peru. The main products exported from Chile to Peru were Other Steel Bars ($113M), Copper Ore ($108M), and Sulfate Chemical Woodpulp ($62.6M). During the last 23 years the exports of Chile to Peru have increased at an annualized rate of 6.28%, from $421M in 1995 to $1.71B in 2018.

In 2018, Peru exported $1.24B to Chile. The main products exported from Peru to Chile were Molybdenum Ore ($200M), Crude Petroleum ($87.6M), and Sulfuric Acid ($69.8M). During the last 23 years the exports of Peru to Chile have increased at an annualized rate of 9.53%, from $153M in 1995 to $1.24B in 2018.

Market Competitiveness

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Measure

Chile
Top Destination
: China, $25.3B

Peru
Top Destination
: China, $13.3B

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

In 2018, countries that imported more from Chile than Peru were China ($25.3B), Japan ($7.06B), and United States ($10.6B).

In 2018, countries that imported more from Peru than Chile were Switzerland ($2.14B), India ($2.49B), and Ecuador ($862M).

Comparative Advantage Chile - Peru

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Depth

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

During 2018, Chile had a large net trade with Peru in the exports of Metals ($232M), Foodstuffs ($196M), and Machines ($170M).

During 2018, Peru had a large net trade with Chile in the exports of Mineral Products ($425M), Chemical Products ($131M), and Foodstuffs ($100M).

Trade Forecasts

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This section shows a forecast for total trade between Chile 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

Bilateral Service Trade

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In 2009, Chile exported services to Peru worth $391M, with Transportation ($245M), Other business services ($73M), and Travel ($57.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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 Chile has comparative advantage over Peru. Similarly, the more red a dot/product is, the more Peru has comparative advantage over Chile.