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 / 196
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

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.

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.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $183k in 2023.

In 2018, 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 2023 to $18.5M in 2018.

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

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

Latest Data

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

Peru Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage North Korea - Peru

Flow
Scale

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

During 2023, North Korea had a large net trade with Peru in the exports of Metals ($181k), Instruments ($715), and Machines ($682).

During 2018, Peru had a large net trade with North Korea in the exports of Mineral Products ($18.5M).

Economic Complexity

Competitive Landscape

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

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

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