2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

United Kingdom-Peru Trade: In 2022, United Kingdom exported $297M to Peru. The main products that United Kingdom exported to Peru were Motor vehicles; parts and accessories (8701 to 8705) ($58.4M), Hard Liquor ($27.8M), and Concentrated Milk ($12.2M). Over the past 5 years the exports of United Kingdom to Peru have increased at an annualized rate of 2.5%, from $262M in 2017 to $297M in 2022.

In 2022, United Kingdom did not export any services to Peru.

Peru-United Kingdom Trade: In 2022, Peru exported $2.03B to United Kingdom. The main products that Peru exported to United Kingdom were Petroleum Gas ($1.39B), Gold ($128M), and Other Fruits ($77.5M). Over the past 5 years the exports of Peru to United Kingdom have increased at an annualized rate of 22.3%,  from $743M in 2017 to $2.03B in 2022.

In 2022, Peru did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $297M to Peru. The main products exported from United Kingdom to Peru were Motor vehicles; parts and accessories (8701 to 8705) ($58.4M), Hard Liquor ($27.8M), and Concentrated Milk ($12.2M). During the last 5 years the exports of United Kingdom to Peru have increased at an annualized rate of 2.5%, from $262M in 2017 to $297M in 2022.

In 2017, Peru exported $2.03B to United Kingdom. The main products exported from Peru to United Kingdom were Petroleum Gas ($1.39B), Gold ($128M), and Other Fruits ($77.5M). During the last 5 years the exports of Peru to United Kingdom have increased at an annualized rate of 22.3%, from $743M in 2022 to $2.03B in 2017.

Exports from United Kingdom (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from United Kingdom than Peru included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Peru than United Kingdom included Chile ($1.85B), Ecuador ($1.28B), and Bolivia ($813M).

Difference in imports from Peru (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Peru

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Peru in the exports of Transportation ($68.1M), Machines ($57.2M), and Chemical Products ($45.2M).

During 2017, Peru had a large net trade with United Kingdom in the exports of Mineral Products ($1.39B), Vegetable Products ($352M), and Precious Metals ($129M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Peru+$14MPackaged Medicaments
Top Product Potential Peru United Kingdom+$153MGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Peru (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with