Pakistan (PAK) and Peru (PER) Trade | The Observatory of Economic Complexity

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Pakistan-Peru Trade: In 2022, Pakistan exported $55.7M to Peru. The main products that Pakistan exported to Peru were Heavy Pure Woven Cotton ($6.79M), Light Synthetic Cotton Fabrics ($5.08M), and Non-Retail Pure Cotton Yarn ($4.48M). Over the past 5 years the exports of Pakistan to Peru have increased at an annualized rate of 6.98%, from $39.8M in 2017 to $55.7M in 2022.

In 2022, Pakistan did not export any services to Peru.

Peru-Pakistan Trade: In 2022, Peru exported $5.42M to Pakistan. The main products that Peru exported to Pakistan were Other Zinc Products ($1.16M), Zinc Sheets ($1.14M), and Raw Zinc ($678k). Over the past 5 years the exports of Peru to Pakistan have decreased at an annualized rate of 0.52%, from $5.57M in 2017 to $5.42M in 2022.

In 2022, Peru did not export any services to Pakistan.

Comparison: In 2022, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Pakistan exported $55.7M to Peru. The main products exported from Pakistan to Peru were Heavy Pure Woven Cotton ($6.79M), Light Synthetic Cotton Fabrics ($5.08M), and Non-Retail Pure Cotton Yarn ($4.48M). During the last 5 years the exports of Pakistan to Peru have increased at an annualized rate of 6.98%, from $39.8M in 2017 to $55.7M in 2022.

In 2017, Peru exported $5.42M to Pakistan. The main products exported from Peru to Pakistan were Other Zinc Products ($1.16M), Zinc Sheets ($1.14M), and Raw Zinc ($678k). During the last 5 years the exports of Peru to Pakistan have decreased at an annualized rate of 0.52%, from $5.57M in 2022 to $5.42M in 2017.

Exports from Pakistan () to Peru () (2022)

Exports from Peru () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Peru ()

Pakistan Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$6.47B

Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Pakistan than Peru included United Arab Emirates ($2.58B), Germany ($2.8B), and Afghanistan ($975M).

In 2022, countries that imported more from Peru than Pakistan included China ($17.6B), Japan ($2.83B), and United States ($8.69B).

Difference in imports from Peru () and Pakistan () (2022)

Comparative Advantage Pakistan - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Pakistan had a large net trade with Peru in the exports of Textiles ($44.6M), Miscellaneous ($3.24M), and Instruments ($2.11M).

During 2017, Peru had a large net trade with Pakistan in the exports of Metals ($2.98M), Vegetable Products ($1.32M), and Chemical Products ($861k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Peru+$3.66MNon-Retail Pure Cotton Yarn

Top Product Potential Peru Pakistan+$1.05MRaw Zinc

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Peru () (2022)

Exports from Peru () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Peru ()

Pakistan Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Pakistan () (2022)

Comparative Advantage Pakistan - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Peru () (2022)

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