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Pricing

2022
Flag → Flag
Exports $6.94BRnk 2 / 180
2022
Flag → Flag
Top Product $833MGold
2022
Flag → Flag
Exports $8.21BRnk 27 / 219
2022
Flag → Flag
Top Product $6.79BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Peru-United States Trade: In 2022, Peru exported $6.94B to United States. The main products that Peru exported to United States were Gold ($833M), Other Fruits ($718M), and Grapes ($605M). Over the past 5 years the exports of Peru to United States have increased at an annualized rate of 46.8%, from $1.02B in 2017 to $6.94B in 2022.

In 2022, Peru did not export any services to United States.

United States-Peru Trade: In 2022, United States exported $8.21B to Peru. The main products that United States exported to Peru were Refined Petroleum ($6.79B), Crude Petroleum ($679M), and Scrap Iron ($356M). Over the past 5 years the exports of United States to Peru have increased at an annualized rate of 32.4%,  from $2.02B in 2017 to $8.21B in 2022.

In 2017, United States exported services to Peru worth $3.01B, with Travel ($882M), Financial services ($747M), and Transportation ($602M) being the largest in terms of value.

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $6.94B to United States. The main products exported from Peru to United States were Gold ($833M), Other Fruits ($718M), and Grapes ($605M). During the last 5 years the exports of Peru to United States have increased at an annualized rate of 46.8%, from $1.02B in 2017 to $6.94B in 2022.

In 2017, United States exported $8.21B to Peru. The main products exported from United States to Peru were Refined Petroleum ($6.79B), Crude Petroleum ($679M), and Scrap Iron ($356M). During the last 22 years the exports of United States to Peru have increased at an annualized rate of 32.4%, from $2.02B in 1995 to $8.21B in 2017.

Exports from Peru (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Peru (Flag) (2022)

Latest Data

Trade between Peru (Flag) and United States (Flag)

Peru Exports

United States Exports

Market Competitiveness

Color
Peru
Top DestinationChina$17.6B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Peru than United States included Bolivia ($813M), Bonaire ($38.7k), and Guam ($16.4k).

In 2022, countries that imported more from United States than Peru included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Peru (Flag) (2022)

Comparative Advantage Peru - United States

Flow
Scale

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

During 2022, Peru had a large net trade with United States in the exports of Vegetable Products ($2.84B), Metals ($1.21B), and Precious Metals ($1.16B).

During 2017, United States had a large net trade with Peru in the exports of Mineral Products ($7.79B), Machines ($1.45B), and Chemical Products ($1.05B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru United States+$306MGold
Top Product Potential United States Peru+$115MCrude 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 United States. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Peru.

Product Space of Peru (Flag) and United States (Flag) (2022)

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