2022
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GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Italy-Peru In 2022, Italy exported $676M to Peru. The main products that Italy exported to Peru are Valves ($20.1M), Liquid Pumps ($18.3M), and Engine Parts ($18.1M). During the last 27 years the exports of Italy to Peru have increased at an annualized rate of 4.5%, from $206M in 1995 to $676M in 2022.

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

Peru-Italy In 2022, Peru exported $595M to Italy. The main products that Peru exported to Italy were Refined Copper ($228M), Lead Ore ($62.3M), and Coffee ($46.5M). During the last 27 years the exports of Peru to Italy have increased at an annualized rate of 3.04%, from $265M in 1995 to $595M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $676M to Peru. The main products exported from Italy to Peru were Valves ($20.1M), Liquid Pumps ($18.3M), and Engine Parts ($18.1M). During the last 27 years the exports of Italy to Peru have increased at an annualized rate of 4.5%, from $206M in 1995 to $676M in 2022.

In 2022, Peru exported $595M to Italy. The main products exported from Peru to Italy were Refined Copper ($228M), Lead Ore ($62.3M), and Coffee ($46.5M). During the last 27 years the exports of Peru to Italy have increased at an annualized rate of 3.04%, from $265M in 1995 to $595M in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Peru
Top Destination
China$17.6B

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

In 2021, countries that imported more from Italy than Peru were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Peru than Italy were Bolivia ($813M), Chile ($1.85B), and Ecuador ($1.28B).

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

Comparative Advantage Italy - Peru

Flow
Scale

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

During 2022, Italy had a large net trade with Peru in the exports of Machines ($324M), Chemical Products ($61.9M), and Transportation ($42.7M).

During 2022, Peru had a large net trade with Italy in the exports of Metals ($276M), Vegetable Products ($87M), and Mineral Products ($70.9M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over Italy.

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

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