2023
Flag  
GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC 
$7,907CURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

Peru-North Korea Trade: In 2023, Peru exported $18.5M to North Korea. The main products that Peru exported to North Korea were Zinc Ore ($14.1M) and Molybdenum Ore ($4.46M). Over the past 5 years the exports of Peru to North Korea have increased at an annualized rate of 87.9%, from $792k in 2018 to $18.5M in 2023.

In 2023, Peru did not export any services to North Korea.

North Korea-Peru Trade: In 2023, North Korea exported $183k to Peru. The main products that North Korea exported to Peru were Iron Pipe Fittings ($181k), Other Measuring Instruments ($715), and Air Pumps ($420). Over the past 5 years the exports of North Korea to Peru have decreased at an annualized rate of 26.2%,  from $835k in 2018 to $183k in 2023.

In 2023, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Peru exported $18.5M to North Korea. The main products exported from Peru to North Korea were Zinc Ore ($14.1M) and Molybdenum Ore ($4.46M). During the last 5 years the exports of Peru to North Korea have increased at an annualized rate of 87.9%, from $792k in 2018 to $18.5M in 2023.

In 2018, North Korea exported $183k to Peru. The main products exported from North Korea to Peru were Iron Pipe Fittings ($181k), Other Measuring Instruments ($715), and Air Pumps ($420). During the last 5 years the exports of North Korea to Peru have decreased at an annualized rate of 26.2%, from $835k in 2023 to $183k in 2018.

Exports from Peru (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Peru (Flag) (2023)

Latest Data

Trade between Peru (Flag) and North Korea (Flag)

Peru Exports

Market Competitiveness

Color
Peru
Top Destination
China$22.5B
North Korea
Top Destination
China$292M

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

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

In 2023, countries that imported more from North Korea than Peru included Angola ($10.2M), Senegal ($10.3M), and Fiji ($3.88M).

Difference in imports from North Korea (Flag) and Peru (Flag) (2023)

Comparative Advantage Peru - North Korea

Flow
Scale

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

During 2023, Peru had a large net trade with North Korea in the exports of Mineral Products ($18.5M).

During 2018, North Korea had a large net trade with Peru in the exports of Metals ($181k), Instruments ($715), and Machines ($682).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Peru and North Korea. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Peru.

Product Space of Peru (Flag) and North Korea (Flag) (2023)

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