2023
Flag  
GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC 
$7,907CURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Peru-Tanzania Trade: In 2023, Peru exported $636k to Tanzania. The main products that Peru exported to Tanzania were Other Construction Vehicles ($331k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($133k), and Excavation Machinery ($63.2k). Over the past 5 years the exports of Peru to Tanzania have increased at an annualized rate of 7.55%, from $442k in 2018 to $636k in 2023.

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

Tanzania-Peru Trade: In 2023, Tanzania exported $22.2k to Peru. The main products that Tanzania exported to Peru were Non-Knit Men's Suits ($19.6k), Gaskets ($1.35k), and Sowing Seeds ($1.2k). Over the past 5 years the exports of Tanzania to Peru have decreased at an annualized rate of 2.01%,  from $24.5k in 2018 to $22.2k in 2023.

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Peru exported $636k to Tanzania. The main products exported from Peru to Tanzania were Other Construction Vehicles ($331k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($133k), and Excavation Machinery ($63.2k). During the last 5 years the exports of Peru to Tanzania have increased at an annualized rate of 7.55%, from $442k in 2018 to $636k in 2023.

In 2018, Tanzania exported $22.2k to Peru. The main products exported from Tanzania to Peru were Non-Knit Men's Suits ($19.6k), Gaskets ($1.35k), and Sowing Seeds ($1.2k). During the last 5 years the exports of Tanzania to Peru have decreased at an annualized rate of 2.01%, from $24.5k in 2023 to $22.2k in 2018.

Exports from Peru (Flag) to Tanzania (Flag) (2023)

Exports from Tanzania (Flag) to Peru (Flag) (2023)

Latest Data

Trade between Peru (Flag) and Tanzania (Flag)

Peru Exports

Market Competitiveness

Color
Peru
Top Destination
China$22.5B
Tanzania
Top Destination
India$1.74B

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

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

In 2023, countries that imported more from Tanzania than Peru included Uganda ($1.35B), South Africa ($1.15B), and United Arab Emirates ($1.62B).

Difference in imports from Tanzania (Flag) and Peru (Flag) (2023)

Comparative Advantage Peru - Tanzania

Flow
Scale

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

During 2023, Peru had a large net trade with Tanzania in the exports of Machines ($444k), Textiles ($136k), and Foodstuffs ($31.4k).

During 2018, Tanzania had a large net trade with Peru in the exports of Textiles ($19.6k), Machines ($1.4k), and Vegetable Products ($1.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Tanzania+$116kOther Construction Vehicles
Top Product Potential Tanzania Peru+$85.9kTea

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

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

Product Space of Peru (Flag) and Tanzania (Flag) (2023)

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