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2023
Flag → Flag
Exports $1.08BRnk 49 / 211
2023
Flag → Flag
Top Product $155MCars
2023
Flag → Flag
Exports $2.32BRnk 7 / 177
2023
Flag → Flag
Top Product $1.3BCopper Ore
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
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GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
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GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Japan-Peru Trade: In 2023, Japan exported $1.08B to Peru. The main products that Japan exported to Peru were Cars ($155M), Delivery Trucks ($146M), and Rubber Tires ($130M). Over the past 5 years the exports of Japan to Peru have increased at an annualized rate of 0.58%, from $1.05B in 2018 to $1.08B in 2023.

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

Peru-Japan Trade: In 2023, Peru exported $2.32B to Japan. The main products that Peru exported to Japan were Copper Ore ($1.3B), Refined Petroleum ($261M), and Petroleum Gas ($189M). Over the past 5 years the exports of Peru to Japan have increased at an annualized rate of 0.68%,  from $2.25B in 2018 to $2.32B in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥10.7B and imported ¥13.4B from Peru, resulting in a negative trade balance of ¥2.69B. Between November 2023 and November 2024 the exports of Japan have increased by ¥801M (8.11%) from ¥9.88B to ¥10.7B, while imports decreased by ¥-15.2B (-53.2%) from ¥28.6B to ¥13.4B.

Trade In November 2024, the top exports of Japan to Peru were Rubber Tires (¥1.8B), Delivery Trucks (¥1.02B), Cars (¥813M), Coated Flat-Rolled Iron (¥705M), and Flat Flat-Rolled Steel (¥629M). In November 2024 the top imports of Japan from Peru were Copper Ore (¥17.7B), Petroleum Gas (¥7.79B), Iron Ore (¥2.6B), Zinc Ore (¥1.46B), and Refined Petroleum (¥1.45B).

Origins In November 2024 the exports of Japan were mainly from Aichi (¥2.75B), Kanagawa (¥2.48B), Fukuoka (¥2.29B), Ōita (¥706M), and Hyōgo (¥678M), while imports destinations were mainly Ōita (¥4.5B), Kanagawa (¥2.02B), Yamaguchi (¥1.83B), Fukuoka (¥1.26B), and Osaka (¥968M).

Growth In November 2024, the increase in Japan's year-by-year exports to Peru was explained primarily by an increase in product exports in Rubber Tires (¥1.02B or 130%), Flat Flat-Rolled Steel (¥603M or 2.28k%), and Buses (¥225M or 204%). In November 2024, the decrease in Japan's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Refined Petroleum (¥-7.66B or -84.1%), Iron Ore (¥-1.33B or -33.8%), and Zinc Ore (¥-687M or -32.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥801M(8.11%)
IMPORT GROWTH (November 2023 - November 2024)¥-15.2B(-53.2%)
MAIN EXPORTER (November 2024)Aichi¥2.75B

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

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

For full datasets download visit Bulk Download page.

Explore Peru and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $1.08B to Peru. The main products exported from Japan to Peru were Cars ($155M), Delivery Trucks ($146M), and Rubber Tires ($130M). During the last 5 years the exports of Japan to Peru have increased at an annualized rate of 0.58%, from $1.05B in 2018 to $1.08B in 2023.

In 2018, Peru exported $2.32B to Japan. The main products exported from Peru to Japan were Copper Ore ($1.3B), Refined Petroleum ($261M), and Petroleum Gas ($189M). During the last 5 years the exports of Peru to Japan have increased at an annualized rate of 0.68%, from $2.25B in 2023 to $2.32B in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Japan than Peru included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Peru than Japan included Ecuador ($1.12B), Bolivia ($543M), and Namibia ($217M).

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

Comparative Advantage Japan - Peru

Flow
Scale

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

During 2023, Japan had a large net trade with Peru in the exports of Transportation ($375M), Machines ($280M), and Plastics and Rubbers ($166M).

During 2018, Peru had a large net trade with Japan in the exports of Mineral Products ($1.95B), Vegetable Products ($116M), and Metals ($95.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Peru+$80.4MCars
Top Product Potential Peru Japan+$224MPetroleum Gas

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

Product Space of Japan (Flag) and Peru (Flag) (2023)

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