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2023
Flag → Flag
Exports $6.98MRnk 77 / 192
2023
Flag → Flag
Top Product $2.3MPeat
2023
Flag → Flag
Exports $13.5MRnk 76 / 177
2023
Flag → Flag
Top Product $2.71MCocoa Beans
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Estonia-Peru Trade: In 2023, Estonia exported $6.98M to Peru. The main products that Estonia exported to Peru were Peat ($2.3M), Centrifuges ($884k), and Excavation Machinery ($488k). Over the past 5 years the exports of Estonia to Peru have increased at an annualized rate of 6.98%, from $4.98M in 2018 to $6.98M in 2023.

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

Peru-Estonia Trade: In 2023, Peru exported $13.5M to Estonia. The main products that Peru exported to Estonia were Cocoa Beans ($2.71M), Other Fruits ($2.39M), and Tropical Fruits ($2.36M). Over the past 5 years the exports of Peru to Estonia have increased at an annualized rate of 9.28%,  from $8.66M in 2018 to $13.5M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $6.98M to Peru. The main products exported from Estonia to Peru were Peat ($2.3M), Centrifuges ($884k), and Excavation Machinery ($488k). During the last 5 years the exports of Estonia to Peru have increased at an annualized rate of 6.98%, from $4.98M in 2018 to $6.98M in 2023.

In 2018, Peru exported $13.5M to Estonia. The main products exported from Peru to Estonia were Cocoa Beans ($2.71M), Other Fruits ($2.39M), and Tropical Fruits ($2.36M). During the last 5 years the exports of Peru to Estonia have increased at an annualized rate of 9.28%, from $8.66M in 2023 to $13.5M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Peru (Flag)

Estonia Exports

Peru Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from Estonia than Peru included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Peru than Estonia included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

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 2023, Estonia had a large net trade with Peru in the exports of Machines ($3.24M), Mineral Products ($2.33M), and Plastics and Rubbers ($440k).

During 2018, Peru had a large net trade with Estonia in the exports of Vegetable Products ($8.42M), Foodstuffs ($4.11M), and Textiles ($411k).

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) (2023)

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