2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Peru-Colombia Trade: In 2022, Peru exported $1.05B to Colombia. The main products that Peru exported to Colombia were Copper Wire ($191M), Coffee ($78.4M), and Raw Zinc ($61.5M). Over the past 5 years the exports of Peru to Colombia have increased at an annualized rate of 9.16%, from $679M in 2017 to $1.05B in 2022.

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

Colombia-Peru Trade: In 2022, Colombia exported $1.12B to Peru. The main products that Colombia exported to Peru were Coal Briquettes ($57.6M), Cleaning Products ($53.4M), and Packaged Medicaments ($40.5M). Over the past 5 years the exports of Colombia to Peru have decreased at an annualized rate of 0.069%,  from $1.13B in 2017 to $1.12B in 2022.

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

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $1.05B to Colombia. The main products exported from Peru to Colombia were Copper Wire ($191M), Coffee ($78.4M), and Raw Zinc ($61.5M). During the last 5 years the exports of Peru to Colombia have increased at an annualized rate of 9.16%, from $679M in 2017 to $1.05B in 2022.

In 2017, Colombia exported $1.12B to Peru. The main products exported from Colombia to Peru were Coal Briquettes ($57.6M), Cleaning Products ($53.4M), and Packaged Medicaments ($40.5M). During the last 5 years the exports of Colombia to Peru have decreased at an annualized rate of 0.069%, from $1.13B in 2022 to $1.12B in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Colombia (Flag)

Peru Exports

Colombia Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Peru than Colombia included China ($17.6B), Japan ($2.83B), and South Korea ($2.62B).

In 2022, countries that imported more from Colombia than Peru included United States ($15.6B), Panama ($5.84B), and Turkey ($2.27B).

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

Comparative Advantage Peru - Colombia

Flow
Scale

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

During 2022, Peru had a large net trade with Colombia in the exports of Metals ($332M), Vegetable Products ($150M), and Foodstuffs ($131M).

During 2017, Colombia had a large net trade with Peru in the exports of Chemical Products ($344M), Plastics and Rubbers ($141M), and Mineral Products ($117M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Colombia+$55.9MRefined Petroleum
Top Product Potential Colombia Peru+$47MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Peru (Flag) and Colombia (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