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2023
Flag → Flag
Exports $1.61BRnk 12 / 177
2023
Flag → Flag
Top Product $872MPetroleum Gas
2023
Flag → Flag
Exports $308MRnk 80 / 223
2023
Flag → Flag
Top Product $23.6MCars
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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GDP PC $7,907CURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Peru-United Kingdom Trade: In 2023, Peru exported $1.61B to United Kingdom. The main products that Peru exported to United Kingdom were Petroleum Gas ($872M), Gold ($160M), and Tropical Fruits ($107M). Over the past 5 years the exports of Peru to United Kingdom have increased at an annualized rate of 17.4%, from $723M in 2018 to $1.61B in 2023.

In 2023, Peru did not export any services to United Kingdom.

United Kingdom-Peru Trade: In 2023, United Kingdom exported $308M to Peru. The main products that United Kingdom exported to Peru were Cars ($23.6M), Concentrated Milk ($18.7M), and Hard Liquor ($17.1M). Over the past 5 years the exports of United Kingdom to Peru have increased at an annualized rate of 4.46%,  from $248M in 2018 to $308M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Peru exported $1.61B to United Kingdom. The main products exported from Peru to United Kingdom were Petroleum Gas ($872M), Gold ($160M), and Tropical Fruits ($107M). During the last 5 years the exports of Peru to United Kingdom have increased at an annualized rate of 17.4%, from $723M in 2018 to $1.61B in 2023.

In 2018, United Kingdom exported $308M to Peru. The main products exported from United Kingdom to Peru were Cars ($23.6M), Concentrated Milk ($18.7M), and Hard Liquor ($17.1M). During the last 5 years the exports of United Kingdom to Peru have increased at an annualized rate of 4.46%, from $248M in 2023 to $308M in 2018.

Exports from Peru (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Peru (Flag) (2023)

Latest Data

Trade between Peru (Flag) and United Kingdom (Flag)

Peru Exports

United Kingdom Exports

Market Competitiveness

Color
Peru
Top DestinationChina$22.5B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Peru than United Kingdom included Chile ($1.92B), Ecuador ($1.12B), and Bolivia ($543M).

In 2023, countries that imported more from United Kingdom than Peru included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

Difference in imports from United Kingdom (Flag) and Peru (Flag) (2023)

Comparative Advantage Peru - United Kingdom

Flow
Scale

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

During 2023, Peru had a large net trade with United Kingdom in the exports of Mineral Products ($880M), Vegetable Products ($411M), and Precious Metals ($161M).

During 2018, United Kingdom had a large net trade with Peru in the exports of Machines ($107M), Chemical Products ($50M), and Transportation ($30.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru United Kingdom+$153MGold
Top Product Potential United Kingdom Peru+$14MPackaged Medicaments

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

Product Space of Peru (Flag) and United Kingdom (Flag) (2023)

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