Flag China / Peru Flag

2019
FlagFlag
Exports
: $9.61B, Rnk 41 / 209

2019
FlagFlag
Top Product
: $890M, Broadcasting Equipment

2019
FlagFlag
Exports
: $13.6B, Rnk 1 / 177

2019
FlagFlag
Top Product
: $8.32B, Copper Ore

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

2019
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Economic Complexity (ECI)
: ECI -0.54, Rnk 97 / 146

2019
Flag  
GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 187

2019
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 GDP
: $227B, CURRENT US$
Rnk 49 / 187

2009-2019
Flag
GDP GROWTH
: 87.8%, CURRENT US$
Rnk 39 / 187

2019
Flag
GDP PC 
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
Flag
GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

2019
Flag
GDP PC
: $6,978, CURRENT US$
Rnk 90 / 187

2009-2019
Flag
GDP PC GROWTH
: 66.3%, CURRENT US$
Rnk 37 / 187

China-Peru In 2019, China exported $9.61B to Peru. The main products that China exported to Peru are Broadcasting Equipment ($890M), Computers ($413M), and Models and Stuffed Animals ($236M). During the last 24 years the exports of China to Peru have increased at an annualized rate of 16.4%, from $251M in 1995 to $9.61B in 2019.

In 2019, China did not export any services to Peru.

Peru-China In 2019, Peru exported $13.6B to China . The main products that Peru exported to China were Copper Ore ($8.32B), Animal Meal and Pellets ($1.12B), and Refined Copper ($954M). During the last 24 years the exports of Peru to China have increased at an annualized rate of 16.3%, from $360M in 1995 to $13.6B in 2019.

In 2019, Peru did not export any services to China.

Comparison In 2019,  China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T). That same year, Peru ranked 97 in the Economic Complexity Index (ECI -0.54), and 53 in total exports ($46.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, China exported $9.61B to Peru. The main products exported from China to Peru were Broadcasting Equipment ($890M), Computers ($413M), and Models and Stuffed Animals ($236M). During the last 24 years the exports of China to Peru have increased at an annualized rate of 16.4%, from $251M in 1995 to $9.61B in 2019.

In 2019, Peru exported $13.6B to China. The main products exported from Peru to China were Copper Ore ($8.32B), Animal Meal and Pellets ($1.12B), and Refined Copper ($954M). During the last 24 years the exports of Peru to China have increased at an annualized rate of 16.3%, from $360M in 1995 to $13.6B in 2019.

Market Competitiveness

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Measure

China
Top Destination
: United States, $429B

Peru
Top Destination
: China, $13.6B

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

In 2019, countries that imported more from China than Peru were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Peru than China were Bonaire ($42.9M), Saint Kitts and Nevis ($18.9M), and American Samoa ($6.4k).

Comparative Advantage China - Peru

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Depth

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

During 2019, China had a large net trade with Peru in the exports of Machines ($3.27B), Metals ($1.31B), and Textiles ($1.06B).

During 2019, Peru had a large net trade with China in the exports of Mineral Products ($10.7B), Foodstuffs ($1.26B), and Metals ($1.03B).

Flow

Tariff Section

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

In 2019, the products from China that paid the highest import tariffs to enter Peru were Tobacco: smoking, water pipe tobacco as specified in Subheading Note 1 to this Chapter, whether or not containing tobacco substitutes in any proportion (57%) and Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (57%).

In 2019, the products from Peru that paid the highest import tariffs to enter China were Yarn of wool or fine hair, >85% such fibres, retail (11%) and Cotton sewing thread, retail (11%).

*The tariffs present between China and Peru are:
125: General duty rate
125: General duty rate
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
289: Preferential tariff for Peru
289: Preferential tariff for Peru

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