Flag India / Peru Flag

Exports Flag β†’ Flag  (2018): $861M, Rnk 51 / 211

Top Product Flag β†’ Flag (2018): $135M, Cars

Exports Flag β†’ Flag (2018): $2.49B, Rnk 3 / 178

Top Product Flag β†’ Flag (2018): $2.14B, Gold

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

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

GDP Flag (2018): $2.72T, CURRENT US$
Rnk 7 / 196

GDP GROWTH Flag (2008-2018): 127%, CURRENT US$
Rnk 20 / 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): $2,010, CURRENT US$
Rnk 152 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 16 / 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

India-Peru: In 2018, India exported $861M to Peru. The main products exported from India to Peru were Cars ($135M), Non-Retail Pure Cotton Yarn ($127M), and Packaged Medicaments ($40.9M). During the last 23 years the exports of India to Peru have increased at an annualized rate of 14.5%, from $38.2M in 1995 to $861M in 2018.

Peru-India: In 2018, Peru exported $2.49B to India. The main products exported from Peru to India were Gold ($2.14B), Copper Ore ($307M), and Synthetic Filament Tow ($6.68M). During the last 23 years the exports of Peru to India have increased at an annualized rate of 31.2%, from $4.84M in 1995 to $2.49B in 2018.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). 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, India was ranked 152 with a GDP Per Capita of $2,010, 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, India exported $861M to Peru. The main products exported from India to Peru were Cars ($135M), Non-Retail Pure Cotton Yarn ($127M), and Packaged Medicaments ($40.9M). During the last 23 years the exports of India to Peru have increased at an annualized rate of 14.5%, from $38.2M in 1995 to $861M in 2018.

In 2018, Peru exported $2.49B to India. The main products exported from Peru to India were Gold ($2.14B), Copper Ore ($307M), and Synthetic Filament Tow ($6.68M). During the last 23 years the exports of Peru to India have increased at an annualized rate of 31.2%, from $4.84M in 1995 to $2.49B in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Peru
Top Destination
: China, $13.3B

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

In 2018, countries that imported more from India than Peru were United States ($52B), United Arab Emirates ($27.1B), and Hong Kong ($12.8B).

In 2018, countries that imported more from Peru than India were Ecuador ($862M), Bolivia ($670M), and Switzerland ($2.14B).

Comparative Advantage India - Peru

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Depth

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

During 2018, India had a large net trade with Peru in the exports of Textiles ($241M), Transportation ($192M), and Chemical Products ($141M).

During 2018, Peru had a large net trade with India in the exports of Precious Metals ($2.14B), Mineral Products ($311M), and Metals ($10.6M).

Tariff Section

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

In 2018, the products from India that paid the highest import tariffs to enter Peru were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2018, the products from Peru that paid the highest import tariffs to enter India were Bovine carcasses and half carcasses, fresh or chilled (11%) and Bovine cuts bone in, fresh or chilled (11%).

Explore Tariff Data

*The tariffs present between India and Peru are:
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Trade Forecasts

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