2023
Flag  
GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
Flag
 GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$7,907CURRENT US$
Rnk 97 / 196
2013-2023
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GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

China-Peru Trade: In 2023, China exported $13.8B to Peru. The main products that China exported to Peru were Broadcasting Equipment ($991M), Computers ($551M), and Other toys ($523M). Over the past 5 years the exports of China to Peru have increased at an annualized rate of 6.2%, from $10.2B in 2018 to $13.8B in 2023.

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

Peru-China Trade: In 2023, Peru exported $22.5B to China. The main products that Peru exported to China were Copper Ore ($15.5B), Iron Ore ($1.71B), and Refined Copper ($973M). Over the past 5 years the exports of Peru to China have increased at an annualized rate of 11.2%,  from $13.2B in 2018 to $22.5B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). 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
Value

In 2023, China exported $13.8B to Peru. The main products exported from China to Peru were Broadcasting Equipment ($991M), Computers ($551M), and Other toys ($523M). During the last 5 years the exports of China to Peru have increased at an annualized rate of 6.2%, from $10.2B in 2018 to $13.8B in 2023.

In 2018, Peru exported $22.5B to China. The main products exported from Peru to China were Copper Ore ($15.5B), Iron Ore ($1.71B), and Refined Copper ($973M). During the last 5 years the exports of Peru to China have increased at an annualized rate of 11.2%, from $13.2B in 2023 to $22.5B in 2018.

Exports from China (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Peru
Top Destination
China$22.5B

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

In 2023, countries that imported more from China than Peru included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Peru than China included Gibraltar ($12.2M), Saint Martin ($472k), and Bonaire ($86.8k).

Difference in imports from Peru (Flag) and China (Flag) (2023)

Comparative Advantage China - Peru

Flow
Scale

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

During 2023, China had a large net trade with Peru in the exports of Machines ($4.59B), Metals ($1.76B), and Transportation ($1.32B).

During 2018, Peru had a large net trade with China in the exports of Mineral Products ($19.3B), Metals ($1.39B), and Foodstuffs ($878M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Peru+$172MTelephones
Top Product Potential Peru China+$405MRefined Copper

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

Product Space of China (Flag) and Peru (Flag) (2023)

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