2022
Flag  
GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
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GDP PC 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH
10%CURRENT US$
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2022
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GDP PC
$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
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About

Peru-Thailand Trade: In 2022, Peru exported $134M to Thailand. The main products that Peru exported to Thailand were Molluscs ($57.1M), Raw Zinc ($32.9M), and Refined Copper ($15.8M). Over the past 5 years the exports of Peru to Thailand have increased at an annualized rate of 2.6%, from $118M in 2017 to $134M in 2022.

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

Thailand-Peru Trade: In 2022, Thailand exported $430M to Peru. The main products that Thailand exported to Peru were Cars ($44.5M), Delivery Trucks ($43.6M), and Large Construction Vehicles ($42.6M). Over the past 5 years the exports of Thailand to Peru have decreased at an annualized rate of 0.39%,  from $438M in 2017 to $430M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $134M to Thailand. The main products exported from Peru to Thailand were Molluscs ($57.1M), Raw Zinc ($32.9M), and Refined Copper ($15.8M). During the last 5 years the exports of Peru to Thailand have increased at an annualized rate of 2.6%, from $118M in 2017 to $134M in 2022.

In 2017, Thailand exported $430M to Peru. The main products exported from Thailand to Peru were Cars ($44.5M), Delivery Trucks ($43.6M), and Large Construction Vehicles ($42.6M). During the last 5 years the exports of Thailand to Peru have decreased at an annualized rate of 0.39%, from $438M in 2022 to $430M in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Thailand (Flag)

Peru Exports

Thailand Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Thailand
Top Destination
United States$53.4B

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

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

In 2022, countries that imported more from Thailand than Peru included United States ($53.4B), Japan ($24.6B), and China ($35.3B).

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

Comparative Advantage Peru - Thailand

Flow
Scale

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

During 2022, Peru had a large net trade with Thailand in the exports of Animal Products ($57.3M), Metals ($52.9M), and Vegetable Products ($12.8M).

During 2017, Thailand had a large net trade with Peru in the exports of Machines ($153M), Transportation ($98.8M), and Plastics and Rubbers ($52.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Thailand+$16.4MRefined Copper
Top Product Potential Thailand Peru+$24MCars

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

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

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