Flag Peru / Argentina Flag

Exports FlagFlag  (2018): $190M, Rnk 28 / 178

Top Product FlagFlag (2018): $39.1M, Refined Petroleum

Exports FlagFlag (2018): $1.16B, Rnk 17 / 165

Top Product FlagFlag (2018): $266M, Soybean Oil

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

Economic Complexity of Flag (2018): ECI 0.22, Rnk 57 / 137

GDP Flag (2018): $222B, CURRENT US$
Rnk 49 / 196

GDP GROWTH Flag (2008-2018): 84.2%, CURRENT US$
Rnk 45 / 196

GDP Flag (2018): $520B, CURRENT US$
Rnk 24 / 196

GDP GROWTH Flag (2008-2018): 43.8%, CURRENT US$
Rnk 91 / 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

GDP PC Flag (2018): $11,684, CURRENT US$
Rnk 66 / 196

GDP PC GROWTH Flag (2008-2018): 29.5%, CURRENT US$
Rnk 83 / 196

Peru-Argentina: In 2018, Peru exported $190M to Argentina. The main products that Peru exported to Argentina are Refined Petroleum ($39.1M), Cement ($15.5M), and Calcium Phosphates ($14.3M). During the last 23 years the exports of Peru to Argentina have increased at an annualized rate of 7.64%, from $35M in 1995 to $190M in 2018.

In 2018, Peru did not exported services to Argentina.

Argentina-Peru: In 2018, Argentina exported $1.16B to Peru . The main products that Argentina exported to Peru were Soybean Oil ($266M), Delivery Trucks ($223M), and Wheat ($93.8M). During the last 23 years the exports of Peru to Argentina have increased at an annualized rate of 7.64%, from $35M in 1995 to $190M in 2018.

In 2018, Argentina did not exported services to Peru.

Comparison: In 2018,  Peru ranked 94 in the Economic Complexity Index (ECI -0.6), and 53 in total exports ($48.5B). That same year, Argentina ranked 57 in the Economic Complexity Index (ECI 0.22), and 49 in total exports ($60.8B).

Bilateral Trade by Products

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Depth
Value

In 2018, Peru exported $190M to Argentina. The main products exported from Peru to Argentina were Refined Petroleum ($39.1M), Cement ($15.5M), and Calcium Phosphates ($14.3M). During the last 23 years the exports of Peru to Argentina have increased at an annualized rate of 7.64%, from $35M in 1995 to $190M in 2018.

In 2018, Argentina exported $1.16B to Peru. The main products exported from Argentina to Peru were Soybean Oil ($266M), Delivery Trucks ($223M), and Wheat ($93.8M). During the last 23 years the exports of Argentina to Peru have increased at an annualized rate of 5.27%, from $355M in 1995 to $1.16B in 2018.

Market Competitiveness

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Measure

Peru
Top Destination
: China, $13.3B

Argentina
Top Destination
: Brazil, $11B

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

In 2018, countries that imported more from Peru than Argentina were China ($13.3B), United States ($8.02B), and South Korea ($2.47B).

In 2018, countries that imported more from Argentina than Peru were Brazil ($11B), Vietnam ($2.08B), and Chile ($3.05B).

Comparative Advantage Peru - Argentina

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Depth

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

During 2018, Peru had a large net trade with Argentina in the exports of Mineral Products ($71.8M), Textiles ($31.6M), and Plastics and Rubbers ($15.9M).

During 2018, Argentina had a large net trade with Peru in the exports of Animal and Vegetable Bi-Products ($283M), Transportation ($271M), and Vegetable Products ($187M).

Tariff Section

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

In 2018, the products from Peru that paid the highest import tariffs to enter Argentina were Worn clothing and other worn articles (11%) and Undenatured ethyl alcohol > 80% by volume (6%).

In 2018, the products from Argentina that paid the highest import tariffs to enter Peru were Worn clothing and other worn articles (35%) and Raw sugar, beet (20%).

Explore Tariff Data

*The tariffs present between Peru and Argentina are:
23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. 12 del TM80
60: AAP.CE N° 58 - Complementación Económica entre Argentina, Brasil, Paraguay, Uruguay y Perú
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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 Peru has comparative advantage over Argentina. Similarly, the more red a dot/product is, the more Argentina has comparative advantage over Peru.