Switzerland (CHE) and Peru (PER) Trade | The Observatory of Economic Complexity

About

Switzerland-Peru Trade: In 2023, Switzerland exported $150M to Peru. The main products that Switzerland exported to Peru were Packaged Medicaments ($18.3M), Vaccines, blood, antisera, toxins and cultures ($16.7M), and Flavored Water ($9.95M). Over the past 5 years the exports of Switzerland to Peru have increased at an annualized rate of 0.17%, from $149M in 2018 to $150M in 2023.

In 2023, Switzerland did not export any services to Peru.

Peru-Switzerland Trade: In 2023, Peru exported $2.42B to Switzerland. The main products that Peru exported to Switzerland were Gold ($2.19B), Silver ($75.2M), and Tropical Fruits ($43.1M). Over the past 5 years the exports of Peru to Switzerland have increased at an annualized rate of 0.98%, from $2.31B in 2018 to $2.42B in 2023.

In 2023, Peru did not export any services to Switzerland.

Comparison: In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Switzerland exported $150M to Peru. The main products exported from Switzerland to Peru were Packaged Medicaments ($18.3M), Vaccines, blood, antisera, toxins and cultures ($16.7M), and Flavored Water ($9.95M). During the last 5 years the exports of Switzerland to Peru have increased at an annualized rate of 0.17%, from $149M in 2018 to $150M in 2023.

In 2018, Peru exported $2.42B to Switzerland. The main products exported from Peru to Switzerland were Gold ($2.19B), Silver ($75.2M), and Tropical Fruits ($43.1M). During the last 5 years the exports of Peru to Switzerland have increased at an annualized rate of 0.98%, from $2.31B in 2023 to $2.42B in 2018.

Exports from Switzerland () to Peru () (2023)

Exports from Peru () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Peru ()

Switzerland Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Switzerland than Peru included Germany ($53.8B), United States ($45.1B), and China ($47.7B).

In 2023, countries that imported more from Peru than Switzerland included Chile ($1.92B), Ecuador ($1.12B), and Panama ($543M).

Difference in imports from Peru () and Switzerland () (2023)

Comparative Advantage Switzerland - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Peru in the exports of Chemical Products ($58.3M), Instruments ($29.5M), and Machines ($29.4M).

During 2018, Peru had a large net trade with Switzerland in the exports of Precious Metals ($2.27B), Vegetable Products ($123M), and Foodstuffs ($17.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Peru+$20.3MVaccines, blood, antisera, toxins and cultures

Top Product Potential Peru Switzerland+$15.2MCoffee

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Peru () (2023)

Exports from Peru () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Peru ()

Switzerland Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Switzerland () (2023)

Comparative Advantage Switzerland - Peru

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Peru () (2023)

Keep Exploring