Peru (PER) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Peru-Iran Trade: In 2023, Peru exported $980k to Iran. The main products that Peru exported to Iran were Vegetable or Animal Dyes ($514k), Vaccines, blood, antisera, toxins and cultures ($290k), and Lake Pigments ($95.3k). Over the past 5 years the exports of Peru to Iran have decreased at an annualized rate of 12.4%, from $1.9M in 2018 to $980k in 2023.

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

Iran-Peru Trade: In 2023, Iran exported $1.12M to Peru. The main products that Iran exported to Peru were Packaged Medicaments ($914k), Grapes ($53.1k), and Animal Food ($38k). Over the past 5 years the exports of Iran to Peru have increased at an annualized rate of 2.3%, from $1M in 2018 to $1.12M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $980k to Iran. The main products exported from Peru to Iran were Vegetable or Animal Dyes ($514k), Vaccines, blood, antisera, toxins and cultures ($290k), and Lake Pigments ($95.3k). During the last 5 years the exports of Peru to Iran have decreased at an annualized rate of 12.4%, from $1.9M in 2018 to $980k in 2023.

In 2018, Iran exported $1.12M to Peru. The main products exported from Iran to Peru were Packaged Medicaments ($914k), Grapes ($53.1k), and Animal Food ($38k). During the last 5 years the exports of Iran to Peru have increased at an annualized rate of 2.3%, from $1M in 2023 to $1.12M in 2018.

Exports from Peru () to Iran () (2023)

Exports from Iran () to Peru () (2023)

Latest Data

Trade between Peru () and Iran ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Iran
Top DestinationChina$4.59B

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

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

In 2023, countries that imported more from Iran than Peru included Turkey ($2.18B), Pakistan ($943M), and Armenia ($597M).

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

Comparative Advantage Peru - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Peru had a large net trade with Iran in the exports of Chemical Products ($899k) and Animal Products ($81.1k).

During 2018, Iran had a large net trade with Peru in the exports of Chemical Products ($924k), Machines ($53.4k), and Vegetable Products ($53.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Iran+$117kVegetable or Animal Dyes

Top Product Potential Iran Peru+$545kEthylene Polymers

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Iran () (2023)

Exports from Iran () to Peru () (2023)

Latest Data

Trade between Peru () and Iran ()

Peru Exports

Market Competitiveness

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

Comparative Advantage Peru - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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