2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Iran-Peru Trade: In 2022, Iran exported $768k to Peru. The main products that Iran exported to Peru were Packaged Medicaments ($312k), Ethylene Polymers ($105k), and Air Conditioners ($66.4k). Over the past 5 years the exports of Iran to Peru have decreased at an annualized rate of 40%, from $9.89M in 2017 to $768k in 2022.

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

Peru-Iran Trade: In 2022, Peru exported $236k to Iran. The main products that Peru exported to Iran were Vegetable or Animal Dyes ($197k) and Other Inedible Animal Products ($38.8k). Over the past 5 years the exports of Peru to Iran have decreased at an annualized rate of 39.1%,  from $2.81M in 2017 to $236k in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $768k to Peru. The main products exported from Iran to Peru were Packaged Medicaments ($312k), Ethylene Polymers ($105k), and Air Conditioners ($66.4k). During the last 5 years the exports of Iran to Peru have decreased at an annualized rate of 40%, from $9.89M in 2017 to $768k in 2022.

In 2017, Peru exported $236k to Iran. The main products exported from Peru to Iran were Vegetable or Animal Dyes ($197k) and Other Inedible Animal Products ($38.8k). During the last 5 years the exports of Peru to Iran have decreased at an annualized rate of 39.1%, from $2.81M in 2022 to $236k in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Iran than Peru included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

In 2022, countries that imported more from Peru than Iran included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Iran - Peru

Flow
Scale

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

During 2022, Iran had a large net trade with Peru in the exports of Chemical Products ($359k), Plastics and Rubbers ($172k), and Machines ($93.3k).

During 2017, Peru had a large net trade with Iran in the exports of Chemical Products ($197k) and Animal Products ($38.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Peru+$545kEthylene Polymers
Top Product Potential Peru Iran+$117kVegetable or Animal Dyes

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

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

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