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2023
Flag → Flag
Exports $9.3BRnk 2 / 177
2023
Flag → Flag
Top Product $973MGrapes
2023
Flag → Flag
Exports $11.1BRnk 30 / 220
2023
Flag → Flag
Top Product $5.02BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $7,907CURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Peru-United States Trade: In 2023, Peru exported $9.3B to United States. The main products that Peru exported to United States were Grapes ($973M), Other Fruits ($959M), and Refined Copper ($705M). Over the past 5 years the exports of Peru to United States have increased at an annualized rate of 2.67%, from $8.15B in 2018 to $9.3B in 2023.

In 2023, Peru did not export any services to United States.

United States-Peru Trade: In 2023, United States exported $11.1B to Peru. The main products that United States exported to Peru were Refined Petroleum ($5.02B), Crude Petroleum ($837M), and Petroleum Gas ($272M). Over the past 5 years the exports of United States to Peru have increased at an annualized rate of 3.88%,  from $9.2B in 2018 to $11.1B in 2023.

In 2017, United States exported services to Peru worth $3.01B, with Travel ($882M), Financial services ($747M), and Transportation ($602M) being the largest in terms of value.

Comparison: In 2023,  Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Peru exported $9.3B to United States. The main products exported from Peru to United States were Grapes ($973M), Other Fruits ($959M), and Refined Copper ($705M). During the last 5 years the exports of Peru to United States have increased at an annualized rate of 2.67%, from $8.15B in 2018 to $9.3B in 2023.

In 2018, United States exported $11.1B to Peru. The main products exported from United States to Peru were Refined Petroleum ($5.02B), Crude Petroleum ($837M), and Petroleum Gas ($272M). During the last 5 years the exports of United States to Peru have increased at an annualized rate of 3.88%, from $9.2B in 2023 to $11.1B in 2018.

Exports from Peru (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Peru (Flag) (2023)

Latest Data

Trade between Peru (Flag) and United States (Flag)

Peru Exports

United States Exports

Market Competitiveness

Color
Peru
Top DestinationChina$22.5B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Peru than United States included North Korea ($18.5M) and Bonaire ($86.8k).

In 2023, countries that imported more from United States than Peru included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Peru (Flag) (2023)

Comparative Advantage Peru - United States

Flow
Scale

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

During 2023, Peru had a large net trade with United States in the exports of Vegetable Products ($3.38B), Mineral Products ($1.53B), and Metals ($1.39B).

During 2018, United States had a large net trade with Peru in the exports of Mineral Products ($6.14B), Machines ($1.27B), and Chemical Products ($799M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru United States+$306MGold
Top Product Potential United States Peru+$115MCrude Petroleum

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

Product Space of Peru (Flag) and United States (Flag) (2023)

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