Peru (PER) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Peru-Ethiopia Trade: In 2022, Peru exported $1.05M to Ethiopia. The main products that Peru exported to Ethiopia were Sowing Seeds ($1.01M), Packaged Medicaments ($25.1k), and Cucumbers ($3.76k). Over the past 5 years the exports of Peru to Ethiopia have increased at an annualized rate of 51.9%, from $129k in 2017 to $1.05M in 2022.

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

Ethiopia-Peru Trade: In 2022, Ethiopia exported $185k to Peru. The main products that Ethiopia exported to Peru were Knit Babies' Garments ($31.4k), Knit Sweaters ($28.6k), and Knit Men's Suits ($18.3k). Over the past 5 years the exports of Ethiopia to Peru have decreased at an annualized rate of 8.94%, from $568k in 2017 to $185k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $1.05M to Ethiopia. The main products exported from Peru to Ethiopia were Sowing Seeds ($1.01M), Packaged Medicaments ($25.1k), and Cucumbers ($3.76k). During the last 5 years the exports of Peru to Ethiopia have increased at an annualized rate of 51.9%, from $129k in 2017 to $1.05M in 2022.

In 2017, Ethiopia exported $185k to Peru. The main products exported from Ethiopia to Peru were Knit Babies' Garments ($31.4k), Knit Sweaters ($28.6k), and Knit Men's Suits ($18.3k). During the last 5 years the exports of Ethiopia to Peru have decreased at an annualized rate of 8.94%, from $568k in 2022 to $185k in 2017.

Exports from Peru () to Ethiopia () (2022)

Exports from Ethiopia () to Peru () (2022)

Latest Data

Trade between Peru () and Ethiopia ()

Peru Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Peru included Somalia ($265M), Saudi Arabia ($268M), and Djibouti ($86.8M).

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

Comparative Advantage Peru - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Ethiopia in the exports of Vegetable Products ($1.02M), Chemical Products ($26k), and Plastics and Rubbers ($1.1k).

During 2017, Ethiopia had a large net trade with Peru in the exports of Textiles ($104k), Miscellaneous ($22.1k), and Animal Hides ($14.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Ethiopia+$117kSowing Seeds

Top Product Potential Ethiopia Peru+$106kKnit Sweaters

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Ethiopia () (2022)

Exports from Ethiopia () to Peru () (2022)

Latest Data

Trade between Peru () and Ethiopia ()

Peru Exports

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Peru - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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