Peru (PER) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Peru-Brazil Trade: In 2022, Peru exported $1.53B to Brazil. The main products that Peru exported to Brazil were Refined Copper ($375M), Crude Petroleum ($259M), and Zinc Ore ($170M). Over the past 5 years the exports of Peru to Brazil have decreased at an annualized rate of 1.03%, from $1.61B in 2017 to $1.53B in 2022.

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

Brazil-Peru Trade: In 2022, Brazil exported $3.54B to Peru. The main products that Brazil exported to Peru were Crude Petroleum ($654M), Delivery Trucks ($319M), and Cars ($247M). Over the past 5 years the exports of Brazil to Peru have increased at an annualized rate of 7.67%, from $2.27B in 2017 to $3.54B in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $1.53B to Brazil. The main products exported from Peru to Brazil were Refined Copper ($375M), Crude Petroleum ($259M), and Zinc Ore ($170M). During the last 5 years the exports of Peru to Brazil have decreased at an annualized rate of 1.03%, from $1.61B in 2017 to $1.53B in 2022.

In 2017, Brazil exported $3.54B to Peru. The main products exported from Brazil to Peru were Crude Petroleum ($654M), Delivery Trucks ($319M), and Cars ($247M). During the last 5 years the exports of Brazil to Peru have increased at an annualized rate of 7.67%, from $2.27B in 2022 to $3.54B in 2017.

Exports from Peru () to Brazil () (2022)

Exports from Brazil () to Peru () (2022)

Latest Data

Trade between Peru () and Brazil ()

Peru Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Peru than Brazil included Switzerland ($2.08B), Namibia ($191M), and Ecuador ($1.28B).

In 2022, countries that imported more from Brazil than Peru included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Peru () (2022)

Comparative Advantage Peru - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Brazil in the exports of Mineral Products ($648M), Metals ($496M), and Chemical Products ($114M).

During 2017, Brazil had a large net trade with Peru in the exports of Transportation ($805M), Mineral Products ($670M), and Metals ($447M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Brazil+$139MRefined Petroleum

Top Product Potential Brazil Peru+$155MCrude Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Peru and Brazil. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Peru.

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Brazil () (2022)

Exports from Brazil () to Peru () (2022)

Latest Data

Trade between Peru () and Brazil ()

Peru Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Peru () (2022)

Comparative Advantage Peru - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Brazil () (2022)

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