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Pricing

2022
Flag → Flag
Exports $8.7BRnk 41 / 211
2022
Flag → Flag
Top Product $947MBroadcasting Equipment
2022
Flag → Flag
Exports $11.7BRnk 1 / 180
2022
Flag → Flag
Top Product $10.3BCopper Ore
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

China-Peru Trade: In 2022, China exported $8.7B to Peru. The main products that China exported to Peru were Broadcasting Equipment ($947M), Computers ($770M), and Cars ($514M). Over the past 5 years the exports of China to Peru have increased at an annualized rate of 101%, from $263M in 2017 to $8.7B in 2022.

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

Peru-China Trade: In 2022, Peru exported $11.7B to China. The main products that Peru exported to China were Copper Ore ($10.3B), Iron Ore ($1.47B), and Animal Meal and Pellets ($1.37B). Over the past 5 years the exports of Peru to China have increased at an annualized rate of 100%,  from $364M in 2017 to $11.7B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $1.22B and imported $2.49B from Peru, resulting in a negative trade balance of $1.27B. Between May 2023 and May 2024 the exports of China have increased by $144M (13.3%) from $1.08B to $1.22B, while imports increased by $19.8M (0.8%) from $2.47B to $2.49B.

Trade In May 2024, the top exports of China to Peru were Telephones ($37.2M), Computers ($33.9M), Cars ($30.7M), Other toys ($29.1M), and Coated Flat-Rolled Iron ($27.5M). In May 2024 the top imports of China from Peru were Copper Ore ($1.29B), Refined Copper ($196M), Iron Ore ($185M), Precious Metal Ore ($126M), and Zinc Ore ($78.5M).

Origins In May 2024 the exports of China were mainly from Zhejiang Province ($260M), Guangdong Province ($241M), Jiangsu Province ($176M), Shanghai Province ($107M), and Shandong Province ($101M), while imports destinations were mainly Fujian Province ($383M), Anhui Province ($349M), Shandong Province ($268M), Zhejiang Province ($258M), and Guangxi Zhuang Autonomous Region ($176M).

Growth In May 2024, the increase in China's year-by-year exports to Peru was explained primarily by an increase in product exports in Electric Motor Parts ($13.1M or 6.54k%), Hot-Rolled Iron Bars ($9.73M or 251%), and Iron Pipes ($8.93M or 296%). In May 2024, the increase in China's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Refined Copper ($129M or 192%), Precious Metal Ore ($20M or 18.8%), and Molybdenum Ore ($17.7M or 158%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$144M(13.3%)
IMPORT GROWTH (May 2023 - May 2024)$19.8M(0.8%)
MAIN EXPORTER (May 2024)Zhejiang Province$260M

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

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

For full datasets download visit Bulk Download page.

Explore Peru and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $8.7B to Peru. The main products exported from China to Peru were Broadcasting Equipment ($947M), Computers ($770M), and Cars ($514M). During the last 5 years the exports of China to Peru have increased at an annualized rate of 101%, from $263M in 2017 to $8.7B in 2022.

In 2017, Peru exported $11.7B to China. The main products exported from Peru to China were Copper Ore ($10.3B), Iron Ore ($1.47B), and Animal Meal and Pellets ($1.37B). During the last 22 years the exports of Peru to China have increased at an annualized rate of 100%, from $364M in 1995 to $11.7B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Peru
Top DestinationChina$17.6B

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 2022, countries that imported more from China than Peru included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Peru than China included Saint Martin ($493k), Bonaire ($38.7k), and Anguilla ($16.6k).

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

Comparative Advantage China - Peru

Flow
Scale

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

During 2022, China had a large net trade with Peru in the exports of Machines ($4.75B), Metals ($2.07B), and Textiles ($1.52B).

During 2017, Peru had a large net trade with China in the exports of Mineral Products ($13.8B), Metals ($1.5B), and Foodstuffs ($1.48B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Peru+$172MTelephones
Top Product Potential Peru China+$405MRefined Copper

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

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

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