Flag Japan / Peru Flag

Exports Flag β†’ Flag  (2018): $896M, Rnk 50 / 207

Top Product Flag β†’ Flag (2018): $245M, Cars

Exports Flag β†’ Flag (2018): $2.18B, Rnk 5 / 178

Top Product Flag β†’ Flag (2018): $1.3B, Copper Ore

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

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

GDP Flag (2018): $4.97T, CURRENT US$
Rnk 3 / 196

GDP GROWTH Flag (2008-2018): -1.32%, CURRENT US$
Rnk 169 / 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): $39,290, CURRENT US$
Rnk 27 / 196

GDP PC GROWTH Flag (2008-2018): -0.13%, CURRENT US$
Rnk 146 / 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

Japan-Peru: In 2018, Japan exported $896M to Peru. The main products exported from Japan to Peru were Cars ($245M), Rubber Tires ($94.5M), and Delivery Trucks ($91.4M). During the last 23 years the exports of Japan to Peru have increased at an annualized rate of 2.31%, from $530M in 1995 to $896M in 2018.

Peru-Japan: In 2018, Peru exported $2.18B to Japan. The main products exported from Peru to Japan were Copper Ore ($1.3B), Zinc Ore ($187M), and Petroleum Gas ($129M). During the last 23 years the exports of Peru to Japan have increased at an annualized rate of 6.56%, from $506M in 1995 to $2.18B in 2018.

Comparison: In 2018, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). 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, Japan was ranked 27 with a GDP Per Capita of $39,290, 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, Japan exported $896M to Peru. The main products exported from Japan to Peru were Cars ($245M), Rubber Tires ($94.5M), and Delivery Trucks ($91.4M). During the last 23 years the exports of Japan to Peru have increased at an annualized rate of 2.31%, from $530M in 1995 to $896M in 2018.

In 2018, Peru exported $2.18B to Japan. The main products exported from Peru to Japan were Copper Ore ($1.3B), Zinc Ore ($187M), and Petroleum Gas ($129M). During the last 23 years the exports of Peru to Japan have increased at an annualized rate of 6.56%, from $506M in 1995 to $2.18B in 2018.

Market Competitiveness

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Measure

Japan
Top Destination
: China, $139B

Peru
Top Destination
: China, $13.3B

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

In 2018, countries that imported more from Japan than Peru were United States ($135B), China ($139B), and South Korea ($51.5B).

In 2018, countries that imported more from Peru than Japan were Bolivia ($670M), Ecuador ($862M), and Bulgaria ($292M).

Comparative Advantage Japan - Peru

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Depth

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

During 2018, Japan had a large net trade with Peru in the exports of Transportation ($405M), Machines ($159M), and Plastics and Rubbers ($117M).

During 2018, Peru had a large net trade with Japan in the exports of Mineral Products ($1.82B), Metals ($111M), and Foodstuffs ($99.8M).

Tariff Section

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

In 2018, the products from Japan that paid the highest import tariffs to enter Peru were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

In 2018, the products from Peru that paid the highest import tariffs to enter Japan 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 Japan and Peru are:
130: Japan Generalized System of Preference
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 Japan 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 Japan has comparative advantage over Peru. Similarly, the more red a dot/product is, the more Peru has comparative advantage over Japan.