Peru (PER) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Peru-Saudi Arabia Trade: In 2023, Peru exported $23.2M to Saudi Arabia. The main products that Peru exported to Saudi Arabia were Other Fruits ($6.85M), Sowing Seeds ($3.56M), and Raw Zinc ($3.17M). Over the past 5 years the exports of Peru to Saudi Arabia have increased at an annualized rate of 18%, from $10.1M in 2018 to $23.2M in 2023.

In 2023, Peru did not export any services to Saudi Arabia.

Saudi Arabia-Peru Trade: In 2023, Saudi Arabia exported $40.7M to Peru. The main products that Saudi Arabia exported to Peru were Propylene Polymers ($29.7M), Ethylene Polymers ($8.51M), and Alkylbenzenes and Alkylnaphthalenes ($948k). Over the past 5 years the exports of Saudi Arabia to Peru have decreased at an annualized rate of 25.5%, from $177M in 2018 to $40.7M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Peru exported $23.2M to Saudi Arabia. The main products exported from Peru to Saudi Arabia were Other Fruits ($6.85M), Sowing Seeds ($3.56M), and Raw Zinc ($3.17M). During the last 5 years the exports of Peru to Saudi Arabia have increased at an annualized rate of 18%, from $10.1M in 2018 to $23.2M in 2023.

In 2018, Saudi Arabia exported $40.7M to Peru. The main products exported from Saudi Arabia to Peru were Propylene Polymers ($29.7M), Ethylene Polymers ($8.51M), and Alkylbenzenes and Alkylnaphthalenes ($948k). During the last 5 years the exports of Saudi Arabia to Peru have decreased at an annualized rate of 25.5%, from $177M in 2023 to $40.7M in 2018.

Exports from Peru () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Peru () (2023)

Latest Data

Trade between Peru () and Saudi Arabia ()

Peru Exports

Date

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$22.5B

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Peru than Saudi Arabia included Canada ($3.24B), Chile ($1.92B), and Switzerland ($2.42B).

In 2023, countries that imported more from Saudi Arabia than Peru included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia () and Peru () (2023)

Comparative Advantage Peru - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Peru had a large net trade with Saudi Arabia in the exports of Vegetable Products ($16M), Metals ($3.28M), and Foodstuffs ($1.1M).

During 2018, Saudi Arabia had a large net trade with Peru in the exports of Plastics and Rubbers ($38.7M), Chemical Products ($1.35M), and Foodstuffs ($378k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Saudi Arabia+$2.56MRaw Zinc

Top Product Potential Saudi Arabia Peru+$16MEthylene 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 Saudi Arabia. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Peru.

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Peru () (2023)

Latest Data

Trade between Peru () and Saudi Arabia ()

Peru Exports

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Peru () (2023)

Comparative Advantage Peru - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Saudi Arabia () (2023)

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