Peru

ECON COMPLEXITY (2018)

-0.6

RANK 94 OF 137

PRODUCT EXPORTS (2018)

$48.5B

RANK 53 OF 222

EXPORTS PER CAPITA (2018)

$1.52K

RANK 175 OF 219

PRODUCT IMPORTS (2018)

$41B

RANK 57 OF 221

IMPORTS PER CAPITA (2018)

$1.28K

RANK 200 of 219

SERVICE EXPORTS (2018)

$7.36B

RANK 36 OF 88

SERVICE IMPORTS (2018)

$9.9B

RANK 35 OF 88

GDP (2018)

$222B

CURRENT US$
RANK 49 OF 196

GDP GROWTH (2008-2018)

84.2%

CURRENT US$
RANK 45 OF 196

GDP PC (2018)

$6,941

CURRENT US$
RANK 95 OF 196

GDP PC GROWTH (2008-2018)

64.5%

Overview: In 2018 Peru was the number 49 economy in the world in terms of GDP (current US$), the number 53 in total exports, the number 57 in total imports, and the number 94 most complex economy according to the Economic Complexity Index (ECI). In 2018, Peru exported $48.5B and imported $41B, resulting in a positive trade balance of $7.45B. In 2018, Peru’s exports per capita were $1.52k and its imports per capita were $1.28k.

Trade: The top exports of Peru are Copper Ore ($13B), Gold ($7.08B), Refined Petroleum ($2.83B), Zinc Ore ($2.2B), and Refined Copper($1.85B). The top imports of Peru are Refined Petroleum ($3.54B), Crude Petroleum ($2.25B), Cars ($1.49B), Broadcasting Equipment($1.22B), and Delivery Trucks ($855M).

Destinations: Peru exports mostly to China ($13.3B), United States($8.02B), India ($2.49B), South Korea ($2.47B), and Japan ($2.18B), and imports mostly from China ($9.28B), United States ($9.25B), Brazil($2.19B), Mexico ($1.81B), and Chile ($1.71B).

Location: Peru borders Bolivia, Brazil, Chile, Colombia, and Ecuador by land and Costa Rica by sea.

Exports

In 2018 Peru exported a total of $48.5B, making it the number 53 exporter in the world. During the last five reported years the exports of Peru have changed by $3.9B from $44.6B in 2013 to $48.5B in 2018.

The most recent exports are led by Copper Ore ($13B), Gold ($7.08B), Refined Petroleum ($2.83B), Zinc Ore ($2.2B), and Refined Copper ($1.85B).

Imports

In 2018 Peru imported $41B, making it the number 57 trade destination in the world. During the last five reported years the imports of Peru changed by -$2.42B from $43.5B in 2013 to $41B in 2018.

The most recent imports of Peru are led by Refined Petroleum ($3.54B), Crude Petroleum ($2.25B), Cars ($1.49B), Broadcasting Equipment ($1.22B), and Delivery Trucks ($855M).

Trade Balance

As of 2018 Peru had a positive trade balance of $6.84B in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $2.01B in net imports.

Destinations

The most common destination for the exports of Peru are China ($13.3B), United States ($8.02B), India ($2.49B), South Korea ($2.47B), and Japan ($2.18B).

Origins

The most common import partners for Peru are China ($9.28B), United States ($9.25B), Brazil ($2.19B), Mexico ($1.81B), and Chile ($1.71B).