2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%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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GDP PC 
$11,972CURRENT US$
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2012-2022
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GDP PC GROWTH
12.9%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

Malaysia-Peru Trade: In 2022, Malaysia exported $247M to Peru. The main products that Malaysia exported to Peru were Nitrogenous Fertilizers ($26.8M), Coffee and Tea Extracts ($19.5M), and Rubber Apparel ($15.4M). Over the past 5 years the exports of Malaysia to Peru have increased at an annualized rate of 8.75%, from $162M in 2017 to $247M in 2022.

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

Peru-Malaysia Trade: In 2022, Peru exported $131M to Malaysia. The main products that Peru exported to Malaysia were Copper Ore ($70M), Calcium Phosphates ($16M), and Cocoa Beans ($15.5M). Over the past 5 years the exports of Peru to Malaysia have decreased at an annualized rate of 0.62%,  from $136M in 2017 to $131M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). 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, Malaysia exported $247M to Peru. The main products exported from Malaysia to Peru were Nitrogenous Fertilizers ($26.8M), Coffee and Tea Extracts ($19.5M), and Rubber Apparel ($15.4M). During the last 5 years the exports of Malaysia to Peru have increased at an annualized rate of 8.75%, from $162M in 2017 to $247M in 2022.

In 2017, Peru exported $131M to Malaysia. The main products exported from Peru to Malaysia were Copper Ore ($70M), Calcium Phosphates ($16M), and Cocoa Beans ($15.5M). During the last 5 years the exports of Peru to Malaysia have decreased at an annualized rate of 0.62%, from $136M in 2022 to $131M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Malaysia than Peru included Singapore ($53.8B), United States ($44.2B), and China ($48.5B).

In 2022, countries that imported more from Peru than Malaysia included Chile ($1.85B), Ecuador ($1.28B), and Switzerland ($2.08B).

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

Comparative Advantage Malaysia - Peru

Flow
Scale

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

During 2022, Malaysia had a large net trade with Peru in the exports of Machines ($58.8M), Foodstuffs ($45.8M), and Chemical Products ($37.7M).

During 2017, Peru had a large net trade with Malaysia in the exports of Mineral Products ($94.3M), Foodstuffs ($15.5M), and Metals ($9.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Peru+$15.7MTelephones
Top Product Potential Peru Malaysia+$22.4MCopper Ore

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

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

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