Flag China / Peru Flag

Exports Flag β†’ Flag  (2018): $9.28B, Rnk 42 / 206

Top Product Flag β†’ Flag (2018): $1.01B, Broadcasting Equipment

Exports Flag β†’ Flag (2018): $13.3B, Rnk 1 / 178

Top Product Flag β†’ Flag (2018): $8.37B, Copper Ore

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

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

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 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): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 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

China-Peru: In 2018, China exported $9.28B to Peru. The main products exported from China to Peru were Broadcasting Equipment ($1.01B), Computers ($388M), and Video Displays ($233M). During the last 23 years the exports of China to Peru have increased at an annualized rate of 16.5%, from $279M in 1995 to $9.28B in 2018.

Peru-China: In 2018, Peru exported $13.3B to China. The main products exported from Peru to China were Copper Ore ($8.37B), Animal Meal and Pellets ($1.26B), and Refined Copper ($1.15B). During the last 23 years the exports of Peru to China have increased at an annualized rate of 17%, from $362M in 1995 to $13.3B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). 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, China was ranked 78 with a GDP Per Capita of $9,771, 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, China exported $9.28B to Peru. The main products exported from China to Peru were Broadcasting Equipment ($1.01B), Computers ($388M), and Video Displays ($233M). During the last 23 years the exports of China to Peru have increased at an annualized rate of 16.5%, from $279M in 1995 to $9.28B in 2018.

In 2018, Peru exported $13.3B to China. The main products exported from Peru to China were Copper Ore ($8.37B), Animal Meal and Pellets ($1.26B), and Refined Copper ($1.15B). During the last 23 years the exports of Peru to China have increased at an annualized rate of 17%, from $362M in 1995 to $13.3B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Peru
Top Destination
: China, $13.3B

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 2018, countries that imported more from China than Peru were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, countries that imported more from Peru than China were Cocos (Keeling) Islands ($15.8k) and Tokelau ($2.27k).

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 2018, China had a large net trade with Peru in the exports of Machines ($3.36B), Metals ($1.28B), and Textiles ($1.04B).

During 2018, Peru had a large net trade with China in the exports of Mineral Products ($10.2B), Foodstuffs ($1.4B), and Metals ($1.22B).

Tariff Section

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

In 2018, 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 2018, 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%).

Explore Tariff Data

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

Trade Forecasts

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This section shows a forecast for total trade between China 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 China has comparative advantage over Peru. Similarly, the more red a dot/product is, the more Peru has comparative advantage over China.