2022
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GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
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 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
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GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
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GDP PC 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186
2022
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GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
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GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Peru-Belarus Trade: In 2021, Peru exported $6.51M to Belarus. The main products that Peru exported to Belarus were N/A. Over the past 5 years the exports of Peru to Belarus have increased at an annualized rate of 10.1%, from $4.02M in 2016 to $6.51M in 2021.

In 2021, Peru did not export any services to Belarus.

Belarus-Peru Trade: In 2021, Belarus exported $1.35M to Peru. The main products that Belarus exported to Peru were Hand Saws ($638k), Plastic Pipes ($281k), and Microscopes ($114k). Over the past 5 years the exports of Belarus to Peru have decreased at an annualized rate of 16%,  from $9.2M in 2016 to $1.35M in 2021.

In 2014, Belarus exported services to Peru worth $600, with Government services, n.i.e. ($600) being the largest in terms of value.

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Peru exported $6.51M to Belarus. There were not main exports from Peru to Belarus in 2021. During the last 5 years the exports of Peru to Belarus have increased at an annualized rate of 10.1%, from $4.02M in 2016 to $6.51M in 2021.

In 2017, Belarus exported $1.35M to Peru. The main products exported from Belarus to Peru were Hand Saws ($638k), Plastic Pipes ($281k), and Microscopes ($114k). During the last 5 years the exports of Belarus to Peru have decreased at an annualized rate of 16%, from $9.2M in 2022 to $1.35M in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Belarus (Flag)

Peru Exports

Belarus Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Peru than Belarus included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Belarus than Peru included Ukraine ($1.29B), Kazakhstan ($827M), and Poland ($933M).

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

Comparative Advantage Peru - Belarus

Flow
Scale

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

During 2021, Peru had a large net trade with Belarus in the exports of .

During 2017, Belarus had a large net trade with Peru in the exports of Metals ($688k), Plastics and Rubbers ($353k), and Instruments ($218k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Belarus+$3.01kRefined Petroleum
Top Product Potential Belarus Peru+$121kMedical Instruments

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

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

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