Peru (PER) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Peru-South Africa Trade: In 2022, Peru exported $54.4M to South Africa. The main products that Peru exported to South Africa were Raw Zinc ($30.2M), Detonating Fuses ($5.06M), and Gold ($2.23M). Over the past 5 years the exports of Peru to South Africa have decreased at an annualized rate of 15%, from $123M in 2017 to $54.4M in 2022.

In 2022, Peru did not export any services to South Africa.

South Africa-Peru Trade: In 2022, South Africa exported $46.7M to Peru. The main products that South Africa exported to Peru were Pesticides ($4.06M), Other Processed Fruits and Nuts ($2.97M), and Chromium Ore ($2.49M). Over the past 5 years the exports of South Africa to Peru have increased at an annualized rate of 0.8%, from $44.8M in 2017 to $46.7M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $54.4M to South Africa. The main products exported from Peru to South Africa were Raw Zinc ($30.2M), Detonating Fuses ($5.06M), and Gold ($2.23M). During the last 5 years the exports of Peru to South Africa have decreased at an annualized rate of 15%, from $123M in 2017 to $54.4M in 2022.

In 2017, South Africa exported $46.7M to Peru. The main products exported from South Africa to Peru were Pesticides ($4.06M), Other Processed Fruits and Nuts ($2.97M), and Chromium Ore ($2.49M). During the last 5 years the exports of South Africa to Peru have increased at an annualized rate of 0.8%, from $44.8M in 2022 to $46.7M in 2017.

Exports from Peru () to South Africa () (2022)

Exports from South Africa () to Peru () (2022)

Latest Data

Trade between Peru () and South Africa ()

Peru Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Peru than South Africa included Chile ($1.85B), Ecuador ($1.28B), and Canada ($2.69B).

In 2022, countries that imported more from South Africa than Peru included Germany ($9.96B), India ($9.14B), and Japan ($8.85B).

Difference in imports from South Africa () and Peru () (2022)

Comparative Advantage Peru - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with South Africa in the exports of Metals ($30.9M), Chemical Products ($9.1M), and Vegetable Products ($4.21M).

During 2017, South Africa had a large net trade with Peru in the exports of Chemical Products ($12.5M), Machines ($10.2M), and Metals ($7.17M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru South Africa+$6.48MGold

Top Product Potential South Africa Peru+$5.05MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to South Africa () (2022)

Exports from South Africa () to Peru () (2022)

Latest Data

Trade between Peru () and South Africa ()

Peru Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Peru () (2022)

Comparative Advantage Peru - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and South Africa () (2022)

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