2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Estonia-Peru Trade: In 2022, Estonia exported $8.13M to Peru. The main products that Estonia exported to Peru were Peat ($3.62M), Excavation Machinery ($476k), and Unsaturated Acyclic Monocarboxylic Acids ($419k). Over the past 5 years the exports of Estonia to Peru have increased at an annualized rate of 4.55%, from $6.5M in 2017 to $8.13M in 2022.

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

Peru-Estonia Trade: In 2022, Peru exported $12.6M to Estonia. The main products that Peru exported to Estonia were Tropical Fruits ($2.33M), Other Fruits ($1.93M), and Fish Fillets ($1.62M). Over the past 5 years the exports of Peru to Estonia have increased at an annualized rate of 11.5%,  from $7.3M in 2017 to $12.6M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $8.13M to Peru. The main products exported from Estonia to Peru were Peat ($3.62M), Excavation Machinery ($476k), and Unsaturated Acyclic Monocarboxylic Acids ($419k). During the last 5 years the exports of Estonia to Peru have increased at an annualized rate of 4.55%, from $6.5M in 2017 to $8.13M in 2022.

In 2017, Peru exported $12.6M to Estonia. The main products exported from Peru to Estonia were Tropical Fruits ($2.33M), Other Fruits ($1.93M), and Fish Fillets ($1.62M). During the last 5 years the exports of Peru to Estonia have increased at an annualized rate of 11.5%, from $7.3M in 2022 to $12.6M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Peru (Flag)

Estonia Exports

Peru Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Estonia than Peru included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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

Comparative Advantage Estonia - Peru

Flow
Scale

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

During 2022, Estonia had a large net trade with Peru in the exports of Mineral Products ($3.67M), Machines ($2.85M), and Chemical Products ($478k).

During 2017, Peru had a large net trade with Estonia in the exports of Vegetable Products ($7.49M), Animal Products ($1.73M), and Machines ($1.35M).

Economic Complexity

Competitive Landscape

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

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

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