Peru (PER) and Pakistan (PAK) Trade | The Observatory of Economic Complexity

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Peru-Pakistan Trade: In 2023, Peru exported $4.36M to Pakistan. The main products that Peru exported to Pakistan were Borates ($996k), Other Zinc Products ($855k), and Zinc Sheets ($786k). Over the past 5 years the exports of Peru to Pakistan have decreased at an annualized rate of 4.94%, from $5.62M in 2018 to $4.36M in 2023.

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

Pakistan-Peru Trade: In 2023, Pakistan exported $38.6M to Peru. The main products that Pakistan exported to Peru were Heavy Pure Woven Cotton ($4.99M), Non-Knit Women's Suits ($2.85M), and Light Synthetic Cotton Fabrics ($2.76M). Over the past 5 years the exports of Pakistan to Peru have decreased at an annualized rate of 2.15%, from $44M in 2018 to $38.6M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $4.36M to Pakistan. The main products exported from Peru to Pakistan were Borates ($996k), Other Zinc Products ($855k), and Zinc Sheets ($786k). During the last 5 years the exports of Peru to Pakistan have decreased at an annualized rate of 4.94%, from $5.62M in 2018 to $4.36M in 2023.

In 2018, Pakistan exported $38.6M to Peru. The main products exported from Pakistan to Peru were Heavy Pure Woven Cotton ($4.99M), Non-Knit Women's Suits ($2.85M), and Light Synthetic Cotton Fabrics ($2.76M). During the last 5 years the exports of Pakistan to Peru have decreased at an annualized rate of 2.15%, from $44M in 2023 to $38.6M in 2018.

Exports from Peru () to Pakistan () (2023)

Exports from Pakistan () to Peru () (2023)

Latest Data

Trade between Peru () and Pakistan ()

Peru Exports

Date

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Pakistan
Top DestinationUnited States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Peru included United Arab Emirates ($3.7B), Germany ($2.43B), and Afghanistan ($969M).

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

Comparative Advantage Peru - Pakistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Peru had a large net trade with Pakistan in the exports of Metals ($1.81M), Chemical Products ($1.29M), and Vegetable Products ($1.21M).

During 2018, Pakistan had a large net trade with Peru in the exports of Textiles ($30.4M), Instruments ($2.15M), and Miscellaneous ($1.89M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Pakistan+$1.05MRaw Zinc

Top Product Potential Pakistan Peru+$3.66MNon-Retail Pure Cotton Yarn

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Pakistan () (2023)

Exports from Pakistan () to Peru () (2023)

Latest Data

Trade between Peru () and Pakistan ()

Peru Exports

Pakistan Exports

Market Competitiveness

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

Comparative Advantage Peru - Pakistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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