2023
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GDP
$268BCURRENT US$
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2013-2023
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GDP GROWTH
33%CURRENT US$
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2023
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 GDP
$460MCURRENT US$
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GDP GROWTH
45%CURRENT US$
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GDP PC 
$7,907CURRENT US$
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GDP PC GROWTH
17.2%CURRENT US$
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2023
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GDP PC
$4,084CURRENT US$
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GDP PC GROWTH
39.2%CURRENT US$
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About

Peru-Micronesia Trade: In 2022, Peru exported $1.75k to Micronesia. The main products that Peru exported to Micronesia were N/A. Over the past 10 years the exports of Peru to Micronesia have decreased at an annualized rate of 32.8%, from $93k in 2012 to $1.75k in 2022.

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

Micronesia-Peru Trade: In 2022, Micronesia exported $72.9k to Peru. The main products that Micronesia exported to Peru were N/A. Over the past 10 years the exports of Micronesia to Peru have increased at an annualized rate of 80.1%,  from $660 in 2012 to $72.9k in 2022.

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

Comparison In 2023,  Peru ranked 90 in the Economic Complexity Index (ECI -0.61),  and 51 in total exports ($66.6B). That same year, Micronesia ranked 188 in total exports ($190M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $1.75k to Micronesia. There were not main exports from Peru to Micronesia in 2022. During the last 10 years the exports of Peru to Micronesia have decreased at an annualized rate of 32.8%, from $93k in 2012 to $1.75k in 2022.

In 2014, Micronesia exported $72.9k to Peru. There were not main exports from Micronesia to Peru in 2014. During the last 5 years the exports of Micronesia to Peru have increased at an annualized rate of 80.1%, from $660 in 2019 to $72.9k in 2014.

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

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

Latest Data

Trade between Peru (Flag) and Micronesia (Flag)

Peru Exports

Market Competitiveness

Color
Peru
Top Destination
China$22.5B
Micronesia
Top Destination
Thailand$121M

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

In 2023, countries that imported more from Peru than Micronesia included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

In 2023, countries that imported more from Micronesia than Peru included Botswana ($1.01M), Fiji ($592k), and Samoa ($11.5k).

Difference in imports from Micronesia (Flag) and Peru (Flag) (2023)

Comparative Advantage Peru - Micronesia

Flow
Scale

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

During 2022, Peru had a large net trade with Micronesia in the exports of .

During 2014, Micronesia had a large net trade with Peru in the exports of .

Economic Complexity

Competitive Landscape

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

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

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