2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Ireland-Peru Trade: In 2022, Ireland exported $77.7M to Peru. The main products that Ireland exported to Peru were Vaccines, blood, antisera, toxins and cultures ($17.5M), Fermented Milk Products ($13M), and Office Machine Parts ($9.38M). Over the past 5 years the exports of Ireland to Peru have increased at an annualized rate of 7.38%, from $54.5M in 2017 to $77.7M in 2022.

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

Peru-Ireland Trade: In 2022, Peru exported $33.7M to Ireland. The main products that Peru exported to Ireland were Essential Oils ($7.98M), Tropical Fruits ($5.93M), and Coffee ($4.41M). Over the past 5 years the exports of Peru to Ireland have increased at an annualized rate of 8.25%,  from $22.7M in 2017 to $33.7M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $77.7M to Peru. The main products exported from Ireland to Peru were Vaccines, blood, antisera, toxins and cultures ($17.5M), Fermented Milk Products ($13M), and Office Machine Parts ($9.38M). During the last 5 years the exports of Ireland to Peru have increased at an annualized rate of 7.38%, from $54.5M in 2017 to $77.7M in 2022.

In 2017, Peru exported $33.7M to Ireland. The main products exported from Peru to Ireland were Essential Oils ($7.98M), Tropical Fruits ($5.93M), and Coffee ($4.41M). During the last 5 years the exports of Peru to Ireland have increased at an annualized rate of 8.25%, from $22.7M in 2022 to $33.7M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Ireland than Peru included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Peru than Ireland included Chile ($1.85B), South Korea ($2.62B), and Ecuador ($1.28B).

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

Comparative Advantage Ireland - Peru

Flow
Scale

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

During 2022, Ireland had a large net trade with Peru in the exports of Chemical Products ($28.6M), Animal Products ($19M), and Machines ($12.4M).

During 2017, Peru had a large net trade with Ireland in the exports of Vegetable Products ($16.3M), Chemical Products ($8.52M), and Textiles ($4.31M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Peru+$15.2MVaccines, blood, antisera, toxins and cultures
Top Product Potential Peru Ireland+$2.74MCoffee

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

Product Space of Ireland (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