Peru (PER) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Peru-Switzerland Trade: In 2023, Peru exported $2.42B to Switzerland. The main products that Peru exported to Switzerland were Gold ($2.19B), Silver ($75.2M), and Tropical Fruits ($43.1M). Over the past 5 years the exports of Peru to Switzerland have increased at an annualized rate of 0.98%, from $2.31B in 2018 to $2.42B in 2023.

In 2023, Peru did not export any services to Switzerland.

Switzerland-Peru Trade: In 2023, Switzerland exported $150M to Peru. The main products that Switzerland exported to Peru were Packaged Medicaments ($18.3M), Vaccines, blood, antisera, toxins and cultures ($16.7M), and Flavored Water ($9.95M). Over the past 5 years the exports of Switzerland to Peru have increased at an annualized rate of 0.17%, from $149M in 2018 to $150M in 2023.

In 2023, Switzerland did not export any services to Peru.

Comparison: In 2023, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B). That same year, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $2.42B to Switzerland. The main products exported from Peru to Switzerland were Gold ($2.19B), Silver ($75.2M), and Tropical Fruits ($43.1M). During the last 5 years the exports of Peru to Switzerland have increased at an annualized rate of 0.98%, from $2.31B in 2018 to $2.42B in 2023.

In 2018, Switzerland exported $150M to Peru. The main products exported from Switzerland to Peru were Packaged Medicaments ($18.3M), Vaccines, blood, antisera, toxins and cultures ($16.7M), and Flavored Water ($9.95M). During the last 5 years the exports of Switzerland to Peru have increased at an annualized rate of 0.17%, from $149M in 2023 to $150M in 2018.

Exports from Peru () to Switzerland () (2023)

Exports from Switzerland () to Peru () (2023)

Latest Data

Trade between Peru () and Switzerland ()

Peru Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Switzerland
Top DestinationGermany$53.8B

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

In 2023, countries that imported more from Peru than Switzerland included Chile ($1.92B), Ecuador ($1.12B), and Panama ($543M).

In 2023, countries that imported more from Switzerland than Peru included Germany ($53.8B), United States ($45.1B), and China ($47.7B).

Difference in imports from Switzerland () and Peru () (2023)

Comparative Advantage Peru - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Peru had a large net trade with Switzerland in the exports of Precious Metals ($2.27B), Vegetable Products ($123M), and Foodstuffs ($17.4M).

During 2018, Switzerland had a large net trade with Peru in the exports of Chemical Products ($58.3M), Instruments ($29.5M), and Machines ($29.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Switzerland+$15.2MCoffee

Top Product Potential Switzerland Peru+$20.3MVaccines, blood, antisera, toxins and cultures

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 Peru and Switzerland. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over Peru.

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Switzerland () (2023)

Exports from Switzerland () to Peru () (2023)

Latest Data

Trade between Peru () and Switzerland ()

Peru Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Peru () (2023)

Comparative Advantage Peru - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Switzerland () (2023)

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