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2022
Flag → Flag
Exports $3.54BRnk 25 / 223
2022
Flag → Flag
Top Product $654MCrude Petroleum
2022
Flag → Flag
Exports $1.53BRnk 12 / 180
2022
Flag → Flag
Top Product $375MRefined Copper
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 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

About

Brazil-Peru Trade: In 2022, Brazil exported $3.54B to Peru. The main products that Brazil exported to Peru were Crude Petroleum ($654M), Delivery Trucks ($319M), and Cars ($247M). Over the past 5 years the exports of Brazil to Peru have increased at an annualized rate of 9.27%, from $2.27B in 2017 to $3.54B in 2022.

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

Peru-Brazil Trade: In 2022, Peru exported $1.53B to Brazil. The main products that Peru exported to Brazil were Refined Copper ($375M), Crude Petroleum ($259M), and Zinc Ore ($170M). Over the past 5 years the exports of Peru to Brazil have decreased at an annualized rate of 1.03%,  from $1.61B in 2017 to $1.53B in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

September, 2024

About

Overview In September 2024, Brazil exported $227M and imported $116M from Peru, resulting in a positive trade balance of $111M. Between September 2023 and September 2024 the exports of Brazil have increased by $1.09M (0.48%) from $226M to $227M, while imports decreased by $-40.5M (-25.9%) from $156M to $116M.

Trade In September 2024, the top exports of Brazil to Peru were Cars ($25.9M), Uncoated Paper ($9.71M), Delivery Trucks ($9.56M), Large Construction Vehicles ($9.56M), and Poultry Meat ($8.18M). In September 2024 the top imports of Brazil from Peru were Refined Copper ($37.4M), Zinc Ore ($21.5M), Calcium Phosphates ($20.2M), Raw Iron Bars ($15.5M), and Sodium or Potassium Peroxides ($4.96M).

Origins In September 2024 the exports of Brazil were mainly from São Paulo ($106M), Paraná ($46.1M), Rio Grande do Sul ($20.9M), Minas Gerais ($12.7M), and Santa Catarina ($9.81M), while imports destinations were mainly Santa Catarina ($41.6M), São Paulo ($18.3M), Bahia ($14.6M), Minas Gerais ($13.8M), and Rio de Janeiro ($10.3M).

Growth In September 2024, the increase in Brazil's year-by-year exports to Peru was explained primarily by an increase in product exports in Cars ($11.3M or 77%), Uncoated Paper ($2.49M or 34.4%), and Soybean Oil ($2.41M or 308%). In September 2024, the decrease in Brazil's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Raw Zinc ($-949k or -18%), Silver ($-767k or -24.1%), and Zinc Oxide and Peroxide ($-572k or -34.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$1.09M(0.48%)
IMPORT GROWTH (September 2023 - September 2024)$-40.5M(-25.9%)
MAIN EXPORTER (September 2024)São Paulo$106M

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

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

For full datasets download visit Bulk Download page.

Explore Peru and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $3.54B to Peru. The main products exported from Brazil to Peru were Crude Petroleum ($654M), Delivery Trucks ($319M), and Cars ($247M). During the last 5 years the exports of Brazil to Peru have increased at an annualized rate of 9.27%, from $2.27B in 2017 to $3.54B in 2022.

In 2017, Peru exported $1.53B to Brazil. The main products exported from Peru to Brazil were Refined Copper ($375M), Crude Petroleum ($259M), and Zinc Ore ($170M). During the last 5 years the exports of Peru to Brazil have decreased at an annualized rate of 1.03%, from $1.61B in 2022 to $1.53B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Brazil than Peru included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Peru than Brazil included Switzerland ($2.08B), Namibia ($191M), and Ecuador ($1.28B).

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

Comparative Advantage Brazil - Peru

Flow
Scale

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

During 2022, Brazil had a large net trade with Peru in the exports of Transportation ($805M), Mineral Products ($670M), and Metals ($447M).

During 2017, Peru had a large net trade with Brazil in the exports of Mineral Products ($648M), Metals ($496M), and Chemical Products ($114M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Peru+$155MCrude Petroleum
Top Product Potential Peru Brazil+$139MRefined 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 Brazil and Peru. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Brazil.

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

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