2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

North Korea-Peru Trade: In 2022, North Korea exported $83k to Peru. The main products that North Korea exported to Peru were Other Office Machines ($62.4k), Electric Heaters ($8.42k), and Therapeutic Appliances ($7.21k). Over the past 5 years the exports of North Korea to Peru have decreased at an annualized rate of 21.6%, from $281k in 2017 to $83k in 2022.

In 2022, North Korea did not export any services to Peru.

Peru-North Korea Trade: In 2022, Peru exported $2.2k to North Korea. The main products that Peru exported to North Korea were Carded Wool or Animal Hair Fabric ($2.2k). Over the past 5 years the exports of Peru to North Korea have decreased at an annualized rate of 81.3%,  from $9.66M in 2017 to $2.2k in 2022.

In 2022, Peru did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $83k to Peru. The main products exported from North Korea to Peru were Other Office Machines ($62.4k), Electric Heaters ($8.42k), and Therapeutic Appliances ($7.21k). During the last 5 years the exports of North Korea to Peru have decreased at an annualized rate of 21.6%, from $281k in 2017 to $83k in 2022.

In 2017, Peru exported $2.2k to North Korea. The main products exported from Peru to North Korea were Carded Wool or Animal Hair Fabric ($2.2k). During the last 5 years the exports of Peru to North Korea have decreased at an annualized rate of 81.3%, from $9.66M in 2022 to $2.2k in 2017.

Exports from North Korea (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from North Korea than Peru included Senegal ($26.9M), Nigeria ($14M), and Mozambique ($5.73M).

In 2022, countries that imported more from Peru than North Korea included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

Difference in imports from Peru (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Peru

Flow
Scale

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

During 2022, North Korea had a large net trade with Peru in the exports of Machines ($73.5k), Instruments ($9.31k), and Transportation ($235).

During 2017, Peru had a large net trade with North Korea in the exports of Textiles ($2.2k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Peru (Flag) (2022)

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