2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Finland-Peru Trade: In 2022, Finland exported $111M to Peru. The main products that Finland exported to Peru were Kaolin Coated Paper ($10.8M), Other Construction Vehicles ($9.81M), and Sulfates ($8.68M). Over the past 5 years the exports of Finland to Peru have decreased at an annualized rate of 1.79%, from $121M in 2017 to $111M in 2022.

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

Peru-Finland Trade: In 2022, Peru exported $98.4M to Finland. The main products that Peru exported to Finland were Copper Ore ($77M), Coffee ($4.39M), and Molluscs ($3.76M). Over the past 5 years the exports of Peru to Finland have increased at an annualized rate of 25.7%,  from $31.3M in 2017 to $98.4M in 2022.

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

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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, Finland exported $111M to Peru. The main products exported from Finland to Peru were Kaolin Coated Paper ($10.8M), Other Construction Vehicles ($9.81M), and Sulfates ($8.68M). During the last 5 years the exports of Finland to Peru have decreased at an annualized rate of 1.79%, from $121M in 2017 to $111M in 2022.

In 2017, Peru exported $98.4M to Finland. The main products exported from Peru to Finland were Copper Ore ($77M), Coffee ($4.39M), and Molluscs ($3.76M). During the last 5 years the exports of Peru to Finland have increased at an annualized rate of 25.7%, from $31.3M in 2022 to $98.4M in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Peru (Flag)

Finland Exports

Peru Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Finland than Peru included Germany ($9.99B), Sweden ($9.1B), and Netherlands ($5.88B).

In 2022, countries that imported more from Peru than Finland included China ($17.6B), South Korea ($2.62B), and Canada ($2.69B).

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

Comparative Advantage Finland - Peru

Flow
Scale

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

During 2022, Finland had a large net trade with Peru in the exports of Machines ($48.4M), Paper Goods ($26.3M), and Chemical Products ($11.5M).

During 2017, Peru had a large net trade with Finland in the exports of Mineral Products ($77.1M), Vegetable Products ($13.2M), and Animal Products ($3.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Peru+$2.59MKaolin Coated Paper
Top Product Potential Peru Finland+$9.67MCopper Ore

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with