Israel (ISR) and Peru (PER) Trade | The Observatory of Economic Complexity

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Israel-Peru Trade: In 2023, Israel exported $69M to Peru. The main products that Israel exported to Peru were Liquid Dispersing Machines ($15.7M), Valves ($4.96M), and Pesticides ($4.39M). Over the past 5 years the exports of Israel to Peru have decreased at an annualized rate of 4.79%, from $88.2M in 2018 to $69M in 2023.

In 2007, Israel exported services to Peru worth $140k, with Computer and information services ($140k) being the largest in terms of value.

Peru-Israel Trade: In 2023, Peru exported $16.6M to Israel. The main products that Peru exported to Israel were Sowing Seeds ($3.13M), Frozen Fruits and Nuts ($2.27M), and Other Fruits ($1.69M). Over the past 5 years the exports of Peru to Israel have increased at an annualized rate of 8.03%, from $11.3M in 2018 to $16.6M in 2023.

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

Comparison: In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $69M to Peru. The main products exported from Israel to Peru were Liquid Dispersing Machines ($15.7M), Valves ($4.96M), and Pesticides ($4.39M). During the last 5 years the exports of Israel to Peru have decreased at an annualized rate of 4.79%, from $88.2M in 2018 to $69M in 2023.

In 2018, Peru exported $16.6M to Israel. The main products exported from Peru to Israel were Sowing Seeds ($3.13M), Frozen Fruits and Nuts ($2.27M), and Other Fruits ($1.69M). During the last 5 years the exports of Peru to Israel have increased at an annualized rate of 8.03%, from $11.3M in 2023 to $16.6M in 2018.

Exports from Israel () to Peru () (2023)

Exports from Peru () to Israel () (2023)

Latest Data

Trade between Israel () and Peru ()

Israel Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Israel than Peru included United States ($20.3B), Ireland ($4.22B), and Egypt ($2.23B).

In 2023, countries that imported more from Peru than Israel included China ($22.5B), Canada ($3.24B), and Chile ($1.92B).

Difference in imports from Peru () and Israel () (2023)

Comparative Advantage Israel - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Israel had a large net trade with Peru in the exports of Machines ($35.6M), Chemical Products ($11.9M), and Plastics and Rubbers ($10.7M).

During 2018, Peru had a large net trade with Israel in the exports of Vegetable Products ($9.72M), Textiles ($2.65M), and Foodstuffs ($2.44M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Peru+$4.69MTelephones

Top Product Potential Peru Israel+$844kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Peru () (2023)

Exports from Peru () to Israel () (2023)

Latest Data

Trade between Israel () and Peru ()

Israel Exports

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Israel () (2023)

Comparative Advantage Israel - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Peru () (2023)

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