2022
Flag  
GDP
$19.5BCURRENT US$
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2012-2022
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GDP GROWTH
83.7%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$7,014CURRENT US$
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2012-2022
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GDP PC GROWTH
92.5%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Armenia-Peru In 2022, Armenia exported $394k to Peru. The main products that Armenia exported to Peru are Excavation Machinery ($349k), Ferroalloys ($28.5k), and Non-Knit Active Wear ($5.69k). During the last 27 years the exports of Armenia to Peru have increased at an annualized rate of 8.77%, from $40.7k in 1995 to $394k in 2022.

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

Peru-Armenia In 2022, Peru exported $2.06M to Armenia. The main products that Peru exported to Armenia were Sowing Seeds ($785k), Other Fruits ($452k), and Tropical Fruits ($274k). During the last 27 years the exports of Peru to Armenia have increased at an annualized rate of 16.9%, from $30.6k in 1995 to $2.06M in 2022.

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

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $394k to Peru. The main products exported from Armenia to Peru were Excavation Machinery ($349k), Ferroalloys ($28.5k), and Non-Knit Active Wear ($5.69k). During the last 27 years the exports of Armenia to Peru have increased at an annualized rate of 8.77%, from $40.7k in 1995 to $394k in 2022.

In 2022, Peru exported $2.06M to Armenia. The main products exported from Peru to Armenia were Sowing Seeds ($785k), Other Fruits ($452k), and Tropical Fruits ($274k). During the last 26 years the exports of Peru to Armenia have increased at an annualized rate of 16.9%, from $30.6k in 1996 to $2.06M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Peru (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Peru
Top Destination
China$17.6B

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

In 2021, countries that imported more from Armenia than Peru were Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2021, countries that imported more from Peru than Armenia were China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Armenia - Peru

Flow
Scale

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

During 2022, Armenia had a large net trade with Peru in the exports of Machines ($349k), Metals ($28.5k), and Textiles ($16.3k).

During 2022, Peru had a large net trade with Armenia in the exports of Vegetable Products ($1.63M), Textiles ($412k), and Chemical Products ($8.42k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over Armenia.

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

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