Peru (PER) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Peru-Hong Kong Trade: In 2022, Peru exported $257M to Hong Kong. The main products that Peru exported to Hong Kong were Grapes ($81.5M), Other Fruits ($79.6M), and Tropical Fruits ($15.8M). Over the past 5 years the exports of Peru to Hong Kong have increased at an annualized rate of 10.8%, from $154M in 2017 to $257M in 2022.

In 2022, Peru did not export any services to Hong Kong.

Hong Kong-Peru Trade: In 2022, Hong Kong exported $62.3M to Peru. The main products that Hong Kong exported to Peru were Calculators ($10.5M), Computers ($4.67M), and Base Metal Watches ($4.07M). Over the past 5 years the exports of Hong Kong to Peru have increased at an annualized rate of 7.91%, from $42.6M in 2017 to $62.3M in 2022.

In 2022, Hong Kong did not export any services to Peru.

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $257M to Hong Kong. The main products exported from Peru to Hong Kong were Grapes ($81.5M), Other Fruits ($79.6M), and Tropical Fruits ($15.8M). During the last 5 years the exports of Peru to Hong Kong have increased at an annualized rate of 10.8%, from $154M in 2017 to $257M in 2022.

In 2017, Hong Kong exported $62.3M to Peru. The main products exported from Hong Kong to Peru were Calculators ($10.5M), Computers ($4.67M), and Base Metal Watches ($4.07M). During the last 5 years the exports of Hong Kong to Peru have increased at an annualized rate of 7.91%, from $42.6M in 2022 to $62.3M in 2017.

Exports from Peru () to Hong Kong () (2022)

Exports from Hong Kong () to Peru () (2022)

Latest Data

Trade between Peru () and Hong Kong ()

Peru Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Peru than Hong Kong included United States ($8.69B), Canada ($2.69B), and Chile ($1.85B).

In 2022, countries that imported more from Hong Kong than Peru included India ($14.3B), China ($23.4B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Peru () (2022)

Comparative Advantage Peru - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Hong Kong in the exports of Vegetable Products ($190M), Animal Products ($12.9M), and Metals ($12.4M).

During 2017, Hong Kong had a large net trade with Peru in the exports of Machines ($25.2M), Instruments ($9.89M), and Plastics and Rubbers ($7.35M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Hong Kong+$12.7MGold

Top Product Potential Hong Kong Peru+$6.28MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Hong Kong () (2022)

Exports from Hong Kong () to Peru () (2022)

Latest Data

Trade between Peru () and Hong Kong ()

Peru Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Peru () (2022)

Comparative Advantage Peru - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Hong Kong () (2022)

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