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2023
Flag → Flag
Exports $1.12BRnk 61 / 220
2023
Flag → Flag
Top Product $221MCars
2023
Flag → Flag
Exports $2.62BRnk 4 / 177
2023
Flag → Flag
Top Product $2.26BGold
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

India-Peru Trade: In 2023, India exported $1.12B to Peru. The main products that India exported to Peru were Cars ($221M), Non-Retail Pure Cotton Yarn ($125M), and Packaged Medicaments ($82.5M). Over the past 5 years the exports of India to Peru have increased at an annualized rate of 4.01%, from $921M in 2018 to $1.12B in 2023.

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

Peru-India Trade: In 2023, Peru exported $2.62B to India. The main products that Peru exported to India were Gold ($2.26B), Copper Ore ($246M), and Silver ($47.4M). Over the past 5 years the exports of Peru to India have increased at an annualized rate of 1.09%,  from $2.48B in 2018 to $2.62B in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Latest Trends

December, 2024

About

Overview In December 2024, India exported $94.7M and imported $610M from Peru, resulting in a negative trade balance of $515M. Between December 2023 and December 2024 the exports of India have increased by $17.2M (22.2%) from $77.5M to $94.7M, while imports increased by $276M (82.5%) from $334M to $610M.

Trade In December 2024, the top exports of India to Peru were Cotton Yarn ($12.5M), Motor Vehicle/Cars ($9.82M), Drug Formulations, Biologicals ($8.19M), Copper And Prdcts Made Of Copr ($3.96M), and Two And Three Wheelers ($2.78M). In December 2024 the top imports of India from Peru were Gold ($199M), Silver ($4.11M), Iron And Steel ($1.59M), Inorganic Chemicals ($477k), and Residul Chemicl And Alled Prod ($371k).

Growth In December 2024, the increase in India's year-by-year exports to Peru was explained primarily by an increase in product exports in Copper And Prdcts Made Of Copr ($3.93M or 15k%), Two And Three Wheelers ($1.29M or 86.9%), and Cotton Yarn ($1.26M or 11.2%). In December 2024, the increase in India's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Gold ($191M or 2.42k%), Silver ($857k or 26.3%), and Iron And Steel ($498k or 45.5%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)$17.2M(22.2%)
IMPORT GROWTH (December 2023 - December 2024)$276M(82.5%)

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

To check Peru and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $1.12B to Peru. The main products exported from India to Peru were Cars ($221M), Non-Retail Pure Cotton Yarn ($125M), and Packaged Medicaments ($82.5M). During the last 5 years the exports of India to Peru have increased at an annualized rate of 4.01%, from $921M in 2018 to $1.12B in 2023.

In 2018, Peru exported $2.62B to India. The main products exported from Peru to India were Gold ($2.26B), Copper Ore ($246M), and Silver ($47.4M). During the last 5 years the exports of Peru to India have increased at an annualized rate of 1.09%, from $2.48B in 2023 to $2.62B in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from India than Peru included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

In 2023, countries that imported more from Peru than India included China ($22.5B), Chile ($1.92B), and Ecuador ($1.12B).

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

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 2023, India had a large net trade with Peru in the exports of Transportation ($305M), Textiles ($218M), and Chemical Products ($204M).

During 2018, Peru had a large net trade with India in the exports of N/A.

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) (2023)

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