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Pricing

2022
Flag → Flag
Exports $297MRnk 82 / 224
2022
Flag → Flag
Top Product $58.4MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $2.03BRnk 8 / 180
2022
Flag → Flag
Top Product $1.39BPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

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).

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £11.4M and imported £49.7M from Peru, resulting in a negative trade balance of £38.3M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-6.93M (-37.8%) from £18.3M to £11.4M, while imports increased by £10.9M (28%) from £38.8M to £49.7M.

Trade In August 2024, the top exports of United Kingdom to Peru were Cranes (£3.59M), Hard Liquor (£1.08M), Brochures (£875k), Electric Generating Sets (£677k), and Cars (£672k). In August 2024 the top imports of United Kingdom from Peru were Petroleum Gas (£170M), Grapes (£10.3M), Other Fruits (£6.99M), Coffee (£5.1M), and Other Vegetables (£3.94M).

Origins In August 2024 the exports of United Kingdom were mainly from London Gateway (£4.85M), London Heathrow Airport (£3.09M), Southampton (£1.06M), Manchester Airport (£1.03M), and East Midlands Airport (£545k), while imports destinations were mainly London Gateway (£25.3M), Southampton (£10.8M), London Heathrow Airport (£5.61M), Dover (£3.81M), and Liverpool (£2.3M).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Peru was explained primarily by an decrease in product exports in Iron Fasteners (£-599k or -99.8%), Liquid Pumps (£-361k or -64.8%), and Valves (£-317k or -62.9%). In August 2024, the increase in United Kingdom's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Other Fruits (£3.46M or 98.2%), Grapes (£3.3M or 47.1%), and Raw Tin (£2.28M or 294%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-6.93M(-37.8%)
IMPORT GROWTH (August 2023 - August 2024)£10.9M(28%)
MAIN EXPORTER (August 2024)London Gateway£4.85M

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

To check Peru and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and United Kingdom Data

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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 DestinationUnited States$61.8B
Peru
Top DestinationChina$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.

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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)

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