Sign In
Pricing

2022
Flag → Flag
Exports $1.09BRnk 58 / 217
2022
Flag → Flag
Top Product $178MCars
2022
Flag → Flag
Exports $2.22BRnk 6 / 180
2022
Flag → Flag
Top Product $1.9BGold
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

India-Peru Trade: In 2022, India exported $1.09B to Peru. The main products that India exported to Peru were Cars ($178M), Non-Retail Pure Cotton Yarn ($155M), and Packaged Medicaments ($83.8M). Over the past 5 years the exports of India to Peru have increased at an annualized rate of 5.8%, from $826M in 2017 to $1.09B in 2022.

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

Peru-India Trade: In 2022, Peru exported $2.22B to India. The main products that Peru exported to India were Gold ($1.9B), Copper Ore ($253M), and Calcium Phosphates ($12.7M). Over the past 5 years the exports of Peru to India have increased at an annualized rate of 2.28%,  from $1.98B in 2017 to $2.22B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

June, 2024

About

Overview In June 2024, India exported $79.6M and imported $316M from Peru, resulting in a negative trade balance of $236M. Between June 2023 and June 2024 the exports of India have increased by $357k (0.45%) from $79.3M to $79.6M, while imports increased by $31.9M (11.2%) from $284M to $316M.

Trade In June 2024, the top exports of India to Peru were Motor Vehicle/Cars ($13.4M), Cotton Yarn ($11.2M), Drug Formulations, Biologicals ($8.29M), Iron And Steel ($2.66M), and Products Of Iron And Steel ($2.63M). In June 2024 the top imports of India from Peru were Gold ($7.89M), Silver ($3.26M), Iron And Steel ($1.09M), Oth Non Ferous Metal And Prodc ($334k), and Copper And Prdcts Made Of Copr ($324k).

Growth In June 2024, the increase in India's year-by-year exports to Peru was explained primarily by an increase in product exports in Motor Vehicle/Cars ($2.94M or 28.1%), Products Of Iron And Steel ($1.99M or 312%), and Spices ($879k or 117k%). In June 2024, the increase in India's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Silver ($3.06M or 1.55k%), Oth Non Ferous Metal And Prodc ($242k or 264%), and Inorganic Chemicals ($63.2k or 211%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$357k(0.45%)
IMPORT GROWTH (June 2023 - June 2024)$31.9M(11.2%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Peru and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.09B to Peru. The main products exported from India to Peru were Cars ($178M), Non-Retail Pure Cotton Yarn ($155M), and Packaged Medicaments ($83.8M). During the last 5 years the exports of India to Peru have increased at an annualized rate of 5.8%, from $826M in 2017 to $1.09B in 2022.

In 2017, Peru exported $2.22B to India. The main products exported from Peru to India were Gold ($1.9B), Copper Ore ($253M), and Calcium Phosphates ($12.7M). During the last 5 years the exports of Peru to India have increased at an annualized rate of 2.28%, from $1.98B in 2022 to $2.22B in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from India than Peru included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Peru than India included China ($17.6B), Ecuador ($1.28B), and Bolivia ($813M).

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

Comparative Advantage India - Peru

Flow
Scale

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

During 2022, India had a large net trade with Peru in the exports of Transportation ($279M), Textiles ($253M), and Chemical Products ($185M).

During 2017, Peru had a large net trade with India in the exports of Precious Metals ($1.91B), Mineral Products ($272M), and Metals ($11.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Peru+$37.2MPackaged Medicaments
Top Product Potential Peru India+$169MCopper Ore

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

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

Keep Exploring

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