2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Peru-Canada Trade: In 2022, Peru exported $2.69B to Canada. The main products that Peru exported to Canada were Gold ($1.86B), Copper Ore ($127M), and Zinc Ore ($123M). Over the past 5 years the exports of Peru to Canada have increased at an annualized rate of 16.8%, from $1.24B in 2017 to $2.69B in 2022.

In 2022, Peru did not export any services to Canada.

Canada-Peru Trade: In 2022, Canada exported $1.16B to Peru. The main products that Canada exported to Peru were Refined Petroleum ($423M), Wheat ($411M), and Dried Legumes ($64.5M). Over the past 5 years the exports of Canada to Peru have increased at an annualized rate of 14.7%,  from $588M in 2017 to $1.16B in 2022.

In 2020, Canada exported services to Peru worth $35M, with Computer and information services ($17.9M), Communications services ($15.7M), and Financial services ($746k) being the largest in terms of value.

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $2.69B to Canada. The main products exported from Peru to Canada were Gold ($1.86B), Copper Ore ($127M), and Zinc Ore ($123M). During the last 5 years the exports of Peru to Canada have increased at an annualized rate of 16.8%, from $1.24B in 2017 to $2.69B in 2022.

In 2017, Canada exported $1.16B to Peru. The main products exported from Canada to Peru were Refined Petroleum ($423M), Wheat ($411M), and Dried Legumes ($64.5M). During the last 5 years the exports of Canada to Peru have increased at an annualized rate of 14.7%, from $588M in 2022 to $1.16B in 2017.

Exports from Peru (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Peru (Flag) (2022)

Latest Data

Trade between Peru (Flag) and Canada (Flag)

Peru Exports

Canada Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Canada
Top Destination
United States$438B

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

In 2022, countries that imported more from Peru than Canada included Chile ($1.85B), Bolivia ($813M), and Ecuador ($1.28B).

In 2022, countries that imported more from Canada than Peru included United States ($438B), Japan ($14.3B), and United Kingdom ($12.9B).

Difference in imports from Canada (Flag) and Peru (Flag) (2022)

Comparative Advantage Peru - Canada

Flow
Scale

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

During 2022, Peru had a large net trade with Canada in the exports of Precious Metals ($1.87B), Mineral Products ($314M), and Vegetable Products ($245M).

During 2017, Canada had a large net trade with Peru in the exports of Vegetable Products ($487M), Mineral Products ($424M), and Machines ($89.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Canada+$61.9MCopper Ore
Top Product Potential Canada Peru+$10.6MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Canada exported services to Peru worth $35M, with Computer and information services ($17.9M), Communications services ($15.7M), and Financial services ($746k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Peru (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Peru (Flag) and Canada (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with