2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

India-Peru Trade: In 2022, India exported $1.09B to Peru. The main products that India exported to Peru were Cars ($178M), Non-Retail Pure Cotton Yarn ($155M), and Packaged Medicaments ($83.8M). Over the past 5 years the exports of India to Peru have increased at an annualized rate of 5.8%, from $826M in 2017 to $1.09B in 2022.

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

Peru-India Trade: In 2022, Peru exported $2.22B to India. The main products that Peru exported to India were Gold ($1.9B), Copper Ore ($253M), and Calcium Phosphates ($12.7M). Over the past 5 years the exports of Peru to India have increased at an annualized rate of 2.28%,  from $1.98B in 2017 to $2.22B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). 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, India exported $1.09B to Peru. The main products exported from India to Peru were Cars ($178M), Non-Retail Pure Cotton Yarn ($155M), and Packaged Medicaments ($83.8M). During the last 5 years the exports of India to Peru have increased at an annualized rate of 5.8%, from $826M in 2017 to $1.09B in 2022.

In 2017, Peru exported $2.22B to India. The main products exported from Peru to India were Gold ($1.9B), Copper Ore ($253M), and Calcium Phosphates ($12.7M). During the last 5 years the exports of Peru to India have increased at an annualized rate of 2.28%, from $1.98B in 2022 to $2.22B in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from India than Peru included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Peru than India included China ($17.6B), Ecuador ($1.28B), and Bolivia ($813M).

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

Comparative Advantage India - Peru

Flow
Scale

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

During 2022, India had a large net trade with Peru in the exports of Transportation ($279M), Textiles ($253M), and Chemical Products ($185M).

During 2017, Peru had a large net trade with India in the exports of Precious Metals ($1.91B), Mineral Products ($272M), and Metals ($11.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Peru+$37.2MPackaged Medicaments
Top Product Potential Peru India+$169MCopper 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.

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Economic Complexity

Competitive Landscape

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

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

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