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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2022
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 GDP
$192BCURRENT US$
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2012-2022
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GDP GROWTH
-8.2%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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2022
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GDP PC
$4,274CURRENT US$
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2012-2022
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GDP PC GROWTH
-23.8%CURRENT US$
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About

Peru-Algeria Trade: In 2022, Peru exported $2.54M to Algeria. The main products that Peru exported to Algeria were Cocoa Beans ($1.76M), Non-fillet Frozen Fish ($378k), and Packaged Medicaments ($132k). Over the past 5 years the exports of Peru to Algeria have decreased at an annualized rate of 28%, from $13.2M in 2017 to $2.54M in 2022.

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

Algeria-Peru Trade: In 2022, Algeria exported $25.1M to Peru. The main products that Algeria exported to Peru were Nitrogenous Fertilizers ($17M), Cement ($7.43M), and Float Glass ($711k). Over the past 5 years the exports of Algeria to Peru have increased at an annualized rate of 1.1k%,  from $100 in 2017 to $25.1M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $2.54M to Algeria. The main products exported from Peru to Algeria were Cocoa Beans ($1.76M), Non-fillet Frozen Fish ($378k), and Packaged Medicaments ($132k). During the last 5 years the exports of Peru to Algeria have decreased at an annualized rate of 28%, from $13.2M in 2017 to $2.54M in 2022.

In 2017, Algeria exported $25.1M to Peru. The main products exported from Algeria to Peru were Nitrogenous Fertilizers ($17M), Cement ($7.43M), and Float Glass ($711k). During the last 5 years the exports of Algeria to Peru have increased at an annualized rate of 1.1k%, from $100 in 2022 to $25.1M in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Algeria (Flag)

Peru Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Peru than Algeria included China ($17.6B), United States ($8.69B), and Canada ($2.69B).

In 2022, countries that imported more from Algeria than Peru included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

Comparative Advantage Peru - Algeria

Flow
Scale

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

During 2022, Peru had a large net trade with Algeria in the exports of Foodstuffs ($1.95M), Animal Products ($378k), and Chemical Products ($132k).

During 2017, Algeria had a large net trade with Peru in the exports of Chemical Products ($17M), Mineral Products ($7.43M), and Stone And Glass ($711k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Algeria+$349kPackaged Medicaments
Top Product Potential Algeria Peru+$7.23MNitrogenous Fertilizers

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

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

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