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2022
Flag → Flag
Exports $923MRnk 51 / 211
2022
Flag → Flag
Top Product $127MRubber Tires
2022
Flag → Flag
Exports $2.83BRnk 3 / 180
2022
Flag → Flag
Top Product $1.08BCopper Ore
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Japan-Peru Trade: In 2022, Japan exported $923M to Peru. The main products that Japan exported to Peru were Rubber Tires ($127M), Delivery Trucks ($124M), and Cars ($122M). Over the past 5 years the exports of Japan to Peru have increased at an annualized rate of 0.31%, from $909M in 2017 to $923M in 2022.

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

Peru-Japan Trade: In 2022, Peru exported $2.83B to Japan. The main products that Peru exported to Japan were Copper Ore ($1.08B), Refined Petroleum ($721M), and Petroleum Gas ($310M). Over the past 5 years the exports of Peru to Japan have increased at an annualized rate of 8.68%,  from $1.87B in 2017 to $2.83B in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥10B and imported ¥78B from Peru, resulting in a negative trade balance of ¥68B. Between July 2023 and July 2024 the exports of Japan have decreased by ¥-1.27B (-11.3%) from ¥11.3B to ¥10B, while imports increased by ¥46.8B (150%) from ¥31.2B to ¥78B.

Trade In July 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 July 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 July 2024 the exports of Japan were mainly from Aichi (¥3.38B), Kanagawa (¥2.62B), Fukuoka (¥1.26B), Hyōgo (¥752M), and Ōita (¥621M), while imports destinations were mainly Ehime (¥28.6B), Ōita (¥11.8B), Okayama (¥7.22B), Kanagawa (¥6.5B), and Chiba (¥4.6B).

Growth In July 2024, the decrease in Japan's year-by-year exports to Peru was explained primarily by an decrease in product exports in Hot-Rolled Iron (¥-1.5B or -76.6%), Delivery Trucks (¥-241M or -19.1%), and Cars (¥-230M or -22%). In July 2024, the increase in Japan's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Copper Ore (¥1.31B or 8.03%), Fish: dried, salted, smoked or in... (¥651M or 633%), and Fish Fillets (¥437M or 188%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)¥-1.27B(-11.3%)
IMPORT GROWTH (July 2023 - July 2024)¥46.8B(150%)
MAIN EXPORTER (July 2024)Aichi¥3.38B

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 2022, Japan exported $923M to Peru. The main products exported from Japan to Peru were Rubber Tires ($127M), Delivery Trucks ($124M), and Cars ($122M). During the last 5 years the exports of Japan to Peru have increased at an annualized rate of 0.31%, from $909M in 2017 to $923M in 2022.

In 2017, Peru exported $2.83B to Japan. The main products exported from Peru to Japan were Copper Ore ($1.08B), Refined Petroleum ($721M), and Petroleum Gas ($310M). During the last 5 years the exports of Peru to Japan have increased at an annualized rate of 8.68%, from $1.87B in 2022 to $2.83B in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Peru
Top DestinationChina$17.6B

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 2022, countries that imported more from Japan than Peru included United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

In 2022, countries that imported more from Peru than Japan included Ecuador ($1.28B), Bolivia ($813M), and Namibia ($191M).

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

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 2022, Japan had a large net trade with Peru in the exports of Transportation ($312M), Machines ($193M), and Plastics and Rubbers ($153M).

During 2017, Peru had a large net trade with Japan in the exports of Mineral Products ($2.36B), Metals ($127M), and Vegetable Products ($119M).

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) (2022)

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