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Pricing

2022
Flag → Flag
Exports $43.5MRnk 73 / 208
2022
Flag → Flag
Top Product $4.34MInsulated Wire
2022
Flag → Flag
Exports $32.8MRnk 56 / 180
2022
Flag → Flag
Top Product $8.03MMolluscs
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Portugal-Peru Trade: In 2022, Portugal exported $43.5M to Peru. The main products that Portugal exported to Peru were Insulated Wire ($4.34M), Packaged Medicaments ($3.39M), and Textiles for technical uses ($1.93M). Over the past 5 years the exports of Portugal to Peru have decreased at an annualized rate of 5.36%, from $57.3M in 2017 to $43.5M in 2022.

In 2022, Portugal did not export any services to Peru.

Peru-Portugal Trade: In 2022, Peru exported $32.8M to Portugal. The main products that Peru exported to Portugal were Molluscs ($8.03M), Coffee ($5.34M), and Grapes ($3.99M). Over the past 5 years the exports of Peru to Portugal have increased at an annualized rate of 2.53%,  from $28.9M in 2017 to $32.8M in 2022.

In 2022, Peru did not export any services to Portugal.

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €2.78M and imported €2.3M from Peru, resulting in a positive trade balance of €481k. Between June 2023 and June 2024 the exports of Portugal have increased by €740k (36.2%) from €2.04M to €2.78M, while imports decreased by €-226k (-8.94%) from €2.53M to €2.3M.

Trade In June 2024, the top exports of Portugal to Peru were Pharmaceutical products (€410k), Electrical machinery and electronics (€187k), Perfumery & cosmetics (€167k), Coated, covered, & laminated fabrics for... (€162k), and Machinery, mechanical appliances, & parts (€147k). In June 2024 the top imports of Portugal from Peru were Edible fruits, nuts & fruit peels (€1.77M), Preparations of vegetables, fruit, nuts or... (€1.04M), Fish, crustaceans, & molluscs (€878k), Iron or steel articles (€472k), and Inorganic chemicals (€384k).

Growth In June 2024, the increase in Portugal's year-by-year exports to Peru was explained primarily by an increase in product exports in Pharmaceutical products (€307k or 299%), Perfumery & cosmetics (€150k or 880%), and Beverages, spirits, & vinegar (€69.2k or 97.3%). In June 2024, the decrease in Portugal's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Preparations of fish, crustacenas, & molluscs (€-586k or -93.6%), Edible fruits, nuts & fruit peels (€-493k or -21.8%), and Machinery, mechanical appliances, & parts (€-51.2k or -99.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€740k(36.2%)
IMPORT GROWTH (June 2023 - June 2024)€-226k(-8.94%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Peru and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $43.5M to Peru. The main products exported from Portugal to Peru were Insulated Wire ($4.34M), Packaged Medicaments ($3.39M), and Textiles for technical uses ($1.93M). During the last 5 years the exports of Portugal to Peru have decreased at an annualized rate of 5.36%, from $57.3M in 2017 to $43.5M in 2022.

In 2017, Peru exported $32.8M to Portugal. The main products exported from Peru to Portugal were Molluscs ($8.03M), Coffee ($5.34M), and Grapes ($3.99M). During the last 5 years the exports of Peru to Portugal have increased at an annualized rate of 2.53%, from $28.9M in 2022 to $32.8M in 2017.

Exports from Portugal (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Portugal than Peru included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Difference in imports from Peru (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Peru

Flow
Scale

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

During 2022, Portugal had a large net trade with Peru in the exports of Machines ($14M), Chemical Products ($7.56M), and Textiles ($5.1M).

During 2017, Peru had a large net trade with Portugal in the exports of Vegetable Products ($11.5M), Animal Products ($9.55M), and Chemical Products ($3.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Peru+$3.15MPackaged Medicaments
Top Product Potential Peru Portugal+$3.5MCoffee

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

Product Space of Portugal (Flag) and Peru (Flag) (2022)

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