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
$24.6BCURRENT US$
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2012-2022
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GDP GROWTH
49.2%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
$6,628CURRENT US$
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2012-2022
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GDP PC GROWTH
49.9%CURRENT US$
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About

Peru-Georgia Trade: In 2022, Peru exported $1.18M to Georgia. The main products that Peru exported to Georgia were Coconuts, Brazil Nuts, and Cashews ($456k), Cars ($283k), and Tractors ($155k). Over the past 5 years the exports of Peru to Georgia have decreased at an annualized rate of 30.3%, from $7.14M in 2017 to $1.18M in 2022.

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

Georgia-Peru Trade: In 2022, Georgia exported $164M to Peru. The main products that Georgia exported to Peru were Nitrogenous Fertilizers ($157M), Fish oil ($3.72M), and Ferroalloys ($1.25M). Over the past 5 years the exports of Georgia to Peru have increased at an annualized rate of 69.3%,  from $4.1M in 2017 to $164M in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $1.18M to Georgia. The main products exported from Peru to Georgia were Coconuts, Brazil Nuts, and Cashews ($456k), Cars ($283k), and Tractors ($155k). During the last 5 years the exports of Peru to Georgia have decreased at an annualized rate of 30.3%, from $7.14M in 2017 to $1.18M in 2022.

In 2017, Georgia exported $164M to Peru. The main products exported from Georgia to Peru were Nitrogenous Fertilizers ($157M), Fish oil ($3.72M), and Ferroalloys ($1.25M). During the last 5 years the exports of Georgia to Peru have increased at an annualized rate of 69.3%, from $4.1M in 2022 to $164M in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Georgia (Flag)

Peru Exports

Georgia Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Georgia
Top Destination
China$759M

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

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

In 2022, countries that imported more from Georgia than Peru included Azerbaijan ($668M), Armenia ($571M), and Russia ($642M).

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

Comparative Advantage Peru - Georgia

Flow
Scale

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

During 2022, Peru had a large net trade with Georgia in the exports of Vegetable Products ($478k), Transportation ($458k), and Chemical Products ($141k).

During 2017, Georgia had a large net trade with Peru in the exports of Chemical Products ($157M), Animal and Vegetable Bi-Products ($3.72M), and Metals ($1.26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Georgia+$115kPackaged Medicaments
Top Product Potential Georgia Peru+$603kFerroalloys

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

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

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