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2023
Flag → Flag
Exports $810MRnk 17 / 177
2023
Flag → Flag
Exports $1.2BRnk 11 / 183
2023
Flag → Flag
Top Product $109MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC $7,907CURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Peru-Colombia Trade: In 2023, Peru exported $810M to Colombia. The main products that Peru exported to Colombia were N/A. Over the past 5 years the exports of Peru to Colombia have increased at an annualized rate of 1.06%, from $769M in 2018 to $810M in 2023.

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

Colombia-Peru Trade: In 2023, Colombia exported $1.2B to Peru. The main products that Colombia exported to Peru were Crude Petroleum ($109M), Packaged Medicaments ($52.9M), and Cleaning Products ($48.7M). Over the past 5 years the exports of Colombia to Peru have decreased at an annualized rate of 2.87%,  from $1.38B in 2018 to $1.2B in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Latest Data

Trade between Peru (Flag) and Colombia (Flag)

Peru Exports

Colombia Exports

Market Competitiveness

Color
Peru
Top DestinationChina$22.5B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Peru than Colombia included China ($22.5B), Canada ($3.24B), and Switzerland ($2.42B).

In 2023, countries that imported more from Colombia than Peru included United States ($14.8B), Panama ($4.66B), and Poland ($1.73B).

Difference in imports from Colombia (Flag) and Peru (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Colombia+$55.9MRefined Petroleum
Top Product Potential Colombia Peru+$47MRefined Petroleum

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

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

Product Space of Peru (Flag) and Colombia (Flag) (NaN)

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