Peru (PER) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Peru-Japan Trade: In 2023, Peru exported $2.32B to Japan. The main products that Peru exported to Japan were Copper Ore ($1.3B), Refined Petroleum ($261M), and Petroleum Gas ($189M). Over the past 5 years the exports of Peru to Japan have increased at an annualized rate of 0.68%, from $2.25B in 2018 to $2.32B in 2023.

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

Japan-Peru Trade: In 2023, Japan exported $1.08B to Peru. The main products that Japan exported to Peru were Cars ($155M), Delivery Trucks ($146M), and Rubber Tires ($130M). Over the past 5 years the exports of Japan to Peru have increased at an annualized rate of 0.22%, from $1.05B in 2018 to $1.08B in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $2.32B to Japan. The main products exported from Peru to Japan were Copper Ore ($1.3B), Refined Petroleum ($261M), and Petroleum Gas ($189M). During the last 5 years the exports of Peru to Japan have increased at an annualized rate of 0.68%, from $2.25B in 2018 to $2.32B in 2023.

In 2018, Japan exported $1.08B to Peru. The main products exported from Japan to Peru were Cars ($155M), Delivery Trucks ($146M), and Rubber Tires ($130M). During the last 5 years the exports of Japan to Peru have increased at an annualized rate of 0.22%, from $1.05B in 2023 to $1.08B in 2018.

Exports from Peru () to Japan () (2023)

Exports from Japan () to Peru () (2023)

Latest Data

Trade between Peru () and Japan ()

Peru Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Peru than Japan included Ecuador ($1.12B), Bolivia ($543M), and Namibia ($217M).

In 2023, countries that imported more from Japan than Peru included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Peru - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Peru had a large net trade with Japan in the exports of Mineral Products ($1.95B), Vegetable Products ($116M), and Metals ($95.6M).

During 2018, Japan had a large net trade with Peru in the exports of Transportation ($375M), Machines ($280M), and Plastics and Rubbers ($166M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Japan+$224MPetroleum Gas

Top Product Potential Japan Peru+$80.4MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Japan () (2023)

Exports from Japan () to Peru () (2023)

Latest Data

Trade between Peru () and Japan ()

Peru Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Peru - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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