Hong Kong (HKG) and Peru (PER) Trade | The Observatory of Economic Complexity

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Hong Kong-Peru Trade: In 2023, Hong Kong exported $61.7M to Peru. The main products that Hong Kong exported to Peru were Calculators ($10.8M), Tug Boats ($8.58M), and Base Metal Watches ($3.38M). Over the past 5 years the exports of Hong Kong to Peru have decreased at an annualized rate of 0.78%, from $64.2M in 2018 to $61.7M in 2023.

In 2023, Hong Kong did not export any services to Peru.

Peru-Hong Kong Trade: In 2023, Peru exported $258M to Hong Kong. The main products that Peru exported to Hong Kong were Grapes ($93.8M), Other Fruits ($78.3M), and Tropical Fruits ($18.8M). Over the past 5 years the exports of Peru to Hong Kong have increased at an annualized rate of 8.11%, from $175M in 2018 to $258M in 2023.

In 2023, Peru did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $61.7M to Peru. The main products exported from Hong Kong to Peru were Calculators ($10.8M), Tug Boats ($8.58M), and Base Metal Watches ($3.38M). During the last 5 years the exports of Hong Kong to Peru have decreased at an annualized rate of 0.78%, from $64.2M in 2018 to $61.7M in 2023.

In 2018, Peru exported $258M to Hong Kong. The main products exported from Peru to Hong Kong were Grapes ($93.8M), Other Fruits ($78.3M), and Tropical Fruits ($18.8M). During the last 5 years the exports of Peru to Hong Kong have increased at an annualized rate of 8.11%, from $175M in 2023 to $258M in 2018.

Exports from Hong Kong () to Peru () (2023)

Exports from Peru () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Peru ()

Hong Kong Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Hong Kong than Peru included Vietnam ($14.4B), South Korea ($9.5B), and Netherlands ($5.56B).

In 2023, countries that imported more from Peru than Hong Kong included United States ($9.3B), Canada ($3.24B), and Chile ($1.92B).

Difference in imports from Peru () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Peru in the exports of Machines ($20.8M), Instruments ($12.2M), and Transportation ($9.62M).

During 2018, Peru had a large net trade with Hong Kong in the exports of Vegetable Products ($198M), Animal Products ($12.6M), and Instruments ($10.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Peru+$6.28MTelephones

Top Product Potential Peru Hong Kong+$12.7MGold

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Peru () (2023)

Exports from Peru () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Peru ()

Hong Kong Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Peru () (2023)

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