Flag Peru / Brazil Flag

2019
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Exports
: $1.45B, Rnk 8 / 177

2019
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Top Product
: $379M, Refined Petroleum

2019
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Exports
: $2.25B, Rnk 25 / 220

2019
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Top Product
: $168M, Cars

2019
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Economic Complexity (ECI)
: ECI -0.5, Rnk 102 / 157

2019
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Economic Complexity (ECI)
: ECI 0.55, Rnk 49 / 157

2019
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GDP
: $227B, CURRENT US$
Rnk 49 / 187

2009-2019
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GDP GROWTH
: 87.8%, CURRENT US$
Rnk 39 / 187

2019
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 GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

2019
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GDP PC 
: $6,978, CURRENT US$
Rnk 90 / 187

2009-2019
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GDP PC GROWTH
: 66.3%, CURRENT US$
Rnk 37 / 187

2019
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GDP PC 
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
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GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

Peru-Brazil: In 2019, Peru exported $1.45B to Brazil. The main products that Peru exported to Brazil are Refined Petroleum ($379M), Zinc Ore ($224M), and Copper Ore ($197M). During the last 24 years the exports of Peru to Brazil have increased at an annualized rate of 8.52%, from $204M in 1995 to $1.45B in 2019.

In 2019, Peru did not exported services to Brazil.

Brazil-Peru: In 2019, Brazil exported $2.25B to Peru . The main products that Brazil exported to Peru were Cars ($168M), Delivery Trucks ($161M), and Large Construction Vehicles ($93M). During the last 24 years the exports of Brazil to Peru have increased at an annualized rate of 6.75%, from $469M in 1995 to $2.25B in 2019.

In 2019, Brazil did not exported services to Peru.

Comparison: In 2019,  Peru ranked 102 in the Economic Complexity Index (ECI -0.5), and 53 in total exports ($46.8B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.55), and 25 in total exports ($230B).

Bilateral Trade by Products

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Depth
Value

In 2019, Peru exported $1.45B to Brazil. The main products exported from Peru to Brazil were Refined Petroleum ($379M), Zinc Ore ($224M), and Copper Ore ($197M). During the last 24 years the exports of Peru to Brazil have increased at an annualized rate of 8.52%, from $204M in 1995 to $1.45B in 2019.

In 2019, Brazil exported $2.25B to Peru. The main products exported from Brazil to Peru were Cars ($168M), Delivery Trucks ($161M), and Large Construction Vehicles ($93M). During the last 24 years the exports of Brazil to Peru have increased at an annualized rate of 6.75%, from $469M in 1995 to $2.25B in 2019.

Market Competitiveness

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Measure

Peru
Top Destination
: China, $13.6B

Brazil
Top Destination
: China, $63.5B

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

In 2019, countries that imported more from Peru than Brazil were Switzerland ($2.28B), Bulgaria ($238M), and Namibia ($93.9M).

In 2019, countries that imported more from Brazil than Peru were China ($63.5B), United States ($30.5B), and Argentina ($9.85B).

Comparative Advantage Peru - Brazil

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Depth

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

During 2019, Peru had a large net trade with Brazil in the exports of Mineral Products ($903M), Metals ($239M), and Textiles ($62.2M).

During 2019, Brazil had a large net trade with Peru in the exports of Transportation ($581M), Machines ($374M), and Metals ($322M).

Tariff Section

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

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

In 2018, the products from Brazil that paid the highest import tariffs to enter Peru were Worn clothing and other worn articles (25.2%) and Undenatured ethyl alcohol > 80% by volume (14.4%).

Explore Tariff Data

*The tariffs present between Peru and Brazil 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)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement

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