Ethiopia (ETH) and Peru (PER) Trade | The Observatory of Economic Complexity

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Ethiopia-Peru Trade: In 2023, Ethiopia exported $99.4k to Peru. The main products that Ethiopia exported to Peru were Knit Socks and Hosiery ($24.3k), Knit Sweaters ($22.7k), and Knit T-shirts ($12.9k). Over the past 5 years the exports of Ethiopia to Peru have decreased at an annualized rate of 25.9%, from $444k in 2018 to $99.4k in 2023.

In 2023, Ethiopia did not export any services to Peru.

Peru-Ethiopia Trade: In 2023, Peru exported $889k to Ethiopia. The main products that Peru exported to Ethiopia were Sowing Seeds ($844k), Packaged Medicaments ($42.9k), and Buckwheat ($1.01k). Over the past 5 years the exports of Peru to Ethiopia have decreased at an annualized rate of 20.7%, from $2.83M in 2018 to $889k in 2023.

In 2023, Peru did not export any services to Ethiopia.

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $99.4k to Peru. The main products exported from Ethiopia to Peru were Knit Socks and Hosiery ($24.3k), Knit Sweaters ($22.7k), and Knit T-shirts ($12.9k). During the last 5 years the exports of Ethiopia to Peru have decreased at an annualized rate of 25.9%, from $444k in 2018 to $99.4k in 2023.

In 2018, Peru exported $889k to Ethiopia. The main products exported from Peru to Ethiopia were Sowing Seeds ($844k), Packaged Medicaments ($42.9k), and Buckwheat ($1.01k). During the last 5 years the exports of Peru to Ethiopia have decreased at an annualized rate of 20.7%, from $2.83M in 2023 to $889k in 2018.

Exports from Ethiopia () to Peru () (2023)

Exports from Peru () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Peru ()

Ethiopia Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Ethiopia than Peru included Saudi Arabia ($304M), Djibouti ($155M), and Somalia ($142M).

In 2023, countries that imported more from Peru than Ethiopia included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Peru in the exports of Textiles ($82.6k), Machines ($14k), and Stone And Glass ($2.79k).

During 2018, Peru had a large net trade with Ethiopia in the exports of Vegetable Products ($845k), Chemical Products ($42.9k), and Machines ($537).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Peru+$106kKnit Sweaters

Top Product Potential Peru Ethiopia+$117kSowing Seeds

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

Year

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Peru. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Ethiopia.

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Peru () (2023)

Exports from Peru () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Peru ()

Ethiopia Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Peru () (2023)

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