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2023
Flag → Flag
Exports $308MRnk 80 / 223
2023
Flag → Flag
Top Product $23.6MCars
2023
Flag → Flag
Exports $1.61BRnk 12 / 177
2023
Flag → Flag
Top Product $872MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
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GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
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GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

United Kingdom-Peru Trade: In 2023, United Kingdom exported $308M to Peru. The main products that United Kingdom exported to Peru were Cars ($23.6M), Concentrated Milk ($18.7M), and Hard Liquor ($17.1M). Over the past 5 years the exports of United Kingdom to Peru have increased at an annualized rate of 4.46%, from $248M in 2018 to $308M in 2023.

In 2023, United Kingdom did not export any services to Peru.

Peru-United Kingdom Trade: In 2023, Peru exported $1.61B to United Kingdom. The main products that Peru exported to United Kingdom were Petroleum Gas ($872M), Gold ($160M), and Tropical Fruits ($107M). Over the past 5 years the exports of Peru to United Kingdom have increased at an annualized rate of 17.4%,  from $723M in 2018 to $1.61B in 2023.

In 2023, Peru did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £17.6M and imported £69.7M from Peru, resulting in a negative trade balance of £52.1M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £816k (4.86%) from £16.8M to £17.6M, while imports decreased by £-147M (-67.8%) from £217M to £69.7M.

Trade In November 2024, the top exports of United Kingdom to Peru were Cranes (£3.59M), Hard Liquor (£1.08M), Brochures (£875k), Electric Generating Sets (£677k), and Cars (£672k). In November 2024 the top imports of United Kingdom from Peru were Petroleum Gas (£170M), Grapes (£10.3M), Other Fruits (£6.99M), Coffee (£5.1M), and Other Vegetables (£3.94M).

Origins In November 2024 the exports of United Kingdom were mainly from London Gateway (£7.46M), London Heathrow Airport (£2.63M), Tyne (£1.43M), Grangemouth (£750k), and Southampton (£587k), while imports destinations were mainly London Gateway (£36.9M), Dover (£10.3M), Southampton (£10.3M), Aberdeen (£3.76M), and London Heathrow Airport (£3.58M).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Peru was explained primarily by an increase in product exports in Cars (£625k or 1.31k%), Electric Generating Sets (£309k or 84.1%), and Brochures (£248k or 39.6%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Petroleum Gas (£-147M or -46.3%), Frozen Fruits and Nuts (£-917k or -76.3%), and Tropical Fruits (£-902k or -21.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£816k(4.86%)
IMPORT GROWTH (November 2023 - November 2024)£-147M(-67.8%)
MAIN EXPORTER (November 2024)London Gateway£7.46M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Peru and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $308M to Peru. The main products exported from United Kingdom to Peru were Cars ($23.6M), Concentrated Milk ($18.7M), and Hard Liquor ($17.1M). During the last 5 years the exports of United Kingdom to Peru have increased at an annualized rate of 4.46%, from $248M in 2018 to $308M in 2023.

In 2018, Peru exported $1.61B to United Kingdom. The main products exported from Peru to United Kingdom were Petroleum Gas ($872M), Gold ($160M), and Tropical Fruits ($107M). During the last 5 years the exports of Peru to United Kingdom have increased at an annualized rate of 17.4%, from $723M in 2023 to $1.61B in 2018.

Exports from United Kingdom (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from United Kingdom than Peru included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

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

Difference in imports from Peru (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Peru

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Peru in the exports of Machines ($107M), Chemical Products ($50M), and Transportation ($30.1M).

During 2018, Peru had a large net trade with United Kingdom in the exports of Mineral Products ($880M), Vegetable Products ($411M), and Precious Metals ($161M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Peru+$14MPackaged Medicaments
Top Product Potential Peru United Kingdom+$153MGold

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

Product Space of United Kingdom (Flag) and Peru (Flag) (2023)

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