Peru (PER) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Peru-Ireland Trade: In 2023, Peru exported $37.3M to Ireland. The main products that Peru exported to Ireland were Essential Oils ($10.1M), Tropical Fruits ($6.53M), and Crustaceans ($3.15M). Over the past 5 years the exports of Peru to Ireland have increased at an annualized rate of 9.05%, from $24.2M in 2018 to $37.3M in 2023.

In 2023, Peru did not export any services to Ireland.

Ireland-Peru Trade: In 2023, Ireland exported $76.3M to Peru. The main products that Ireland exported to Peru were Vaccines, blood, antisera, toxins and cultures ($22M), Malt Extract ($12.5M), and Packaged Medicaments ($9.31M). Over the past 5 years the exports of Ireland to Peru have increased at an annualized rate of 4.05%, from $62.5M in 2018 to $76.3M in 2023.

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $37.3M to Ireland. The main products exported from Peru to Ireland were Essential Oils ($10.1M), Tropical Fruits ($6.53M), and Crustaceans ($3.15M). During the last 5 years the exports of Peru to Ireland have increased at an annualized rate of 9.05%, from $24.2M in 2018 to $37.3M in 2023.

In 2018, Ireland exported $76.3M to Peru. The main products exported from Ireland to Peru were Vaccines, blood, antisera, toxins and cultures ($22M), Malt Extract ($12.5M), and Packaged Medicaments ($9.31M). During the last 5 years the exports of Ireland to Peru have increased at an annualized rate of 4.05%, from $62.5M in 2023 to $76.3M in 2018.

Exports from Peru () to Ireland () (2023)

Exports from Ireland () to Peru () (2023)

Latest Data

Trade between Peru () and Ireland ()

Peru Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Ireland
Top DestinationUnited States$67.4B

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

In 2023, countries that imported more from Peru than Ireland included China ($22.5B), India ($2.62B), and Chile ($1.92B).

In 2023, countries that imported more from Ireland than Peru included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland () and Peru () (2023)

Comparative Advantage Peru - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Peru had a large net trade with Ireland in the exports of Vegetable Products ($16.5M), Chemical Products ($11.5M), and Textiles ($4.08M).

During 2018, Ireland had a large net trade with Peru in the exports of Chemical Products ($35.1M), Foodstuffs ($12.9M), and Machines ($11.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Ireland+$2.74MCoffee

Top Product Potential Ireland Peru+$15.2MVaccines, blood, antisera, toxins and cultures

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Ireland () (2023)

Exports from Ireland () to Peru () (2023)

Latest Data

Trade between Peru () and Ireland ()

Peru Exports

Ireland Exports

Market Competitiveness

Difference in imports from Ireland () and Peru () (2023)

Comparative Advantage Peru - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Ireland () (2023)

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