2022
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GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

South Korea-Peru In 2022, South Korea exported $892M to Peru. The main products that South Korea exported to Peru are Cars ($183M), Propylene Polymers ($63.9M), and Delivery Trucks ($54.4M). During the last 27 years the exports of South Korea to Peru have increased at an annualized rate of 5.16%, from $229M in 1995 to $892M in 2022.

In 2022, South Korea did not export any services to Peru.

Peru-South Korea In 2022, Peru exported $2.62B to South Korea. The main products that Peru exported to South Korea were Petroleum Gas ($903M), Copper Ore ($529M), and Lead Ore ($251M). During the last 27 years the exports of Peru to South Korea have increased at an annualized rate of 12%, from $122M in 1995 to $2.62B in 2022.

In 2022, Peru did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). 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, South Korea exported $892M to Peru. The main products exported from South Korea to Peru were Cars ($183M), Propylene Polymers ($63.9M), and Delivery Trucks ($54.4M). During the last 27 years the exports of South Korea to Peru have increased at an annualized rate of 5.16%, from $229M in 1995 to $892M in 2022.

In 2022, Peru exported $2.62B to South Korea. The main products exported from Peru to South Korea were Petroleum Gas ($903M), Copper Ore ($529M), and Lead Ore ($251M). During the last 27 years the exports of Peru to South Korea have increased at an annualized rate of 12%, from $122M in 1995 to $2.62B in 2022.

Exports from South Korea (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Peru
Top Destination
China$17.6B

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

In 2021, countries that imported more from South Korea than Peru were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Peru than South Korea were Bolivia ($813M), Switzerland ($2.08B), and Ecuador ($1.28B).

Difference in imports from Peru (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Peru

Flow
Scale

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

During 2022, South Korea had a large net trade with Peru in the exports of Transportation ($298M), Plastics and Rubbers ($193M), and Machines ($129M).

During 2022, Peru had a large net trade with South Korea in the exports of Mineral Products ($2.11B), Vegetable Products ($164M), and Animal Products ($114M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Peru (Flag) (2022)

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