2022
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GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186

About

Saudi Arabia-Peru Trade: In 2022, Saudi Arabia exported $108M to Peru. The main products that Saudi Arabia exported to Peru were Propylene Polymers ($68M), Ethylene Polymers ($30.9M), and Polyacetals ($5.73M). Over the past 5 years the exports of Saudi Arabia to Peru have decreased at an annualized rate of 4.08%, from $133M in 2017 to $108M in 2022.

In 2022, Saudi Arabia did not export any services to Peru.

Peru-Saudi Arabia Trade: In 2022, Peru exported $12.5M to Saudi Arabia. The main products that Peru exported to Saudi Arabia were Raw Zinc ($2.67M), Other Fruits ($2.07M), and Grapes ($1.86M). Over the past 5 years the exports of Peru to Saudi Arabia have decreased at an annualized rate of 0.033%,  from $12.6M in 2017 to $12.5M in 2022.

In 2022, Peru did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $108M to Peru. The main products exported from Saudi Arabia to Peru were Propylene Polymers ($68M), Ethylene Polymers ($30.9M), and Polyacetals ($5.73M). During the last 5 years the exports of Saudi Arabia to Peru have decreased at an annualized rate of 4.08%, from $133M in 2017 to $108M in 2022.

In 2017, Peru exported $12.5M to Saudi Arabia. The main products exported from Peru to Saudi Arabia were Raw Zinc ($2.67M), Other Fruits ($2.07M), and Grapes ($1.86M). During the last 5 years the exports of Peru to Saudi Arabia have decreased at an annualized rate of 0.033%, from $12.6M in 2022 to $12.5M in 2017.

Exports from Saudi Arabia (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Peru (Flag)

Saudi Arabia Exports

Peru Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Saudi Arabia than Peru included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Peru than Saudi Arabia included Chile ($1.85B), Ecuador ($1.28B), and Switzerland ($2.08B).

Difference in imports from Peru (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Peru

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Peru in the exports of Plastics and Rubbers ($106M), Chemical Products ($1.1M), and Stone And Glass ($113k).

During 2017, Peru had a large net trade with Saudi Arabia in the exports of Vegetable Products ($6.51M), Metals ($2.67M), and Chemical Products ($1.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Peru+$16MEthylene Polymers
Top Product Potential Peru Saudi Arabia+$2.56MRaw Zinc

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

Product Space of Saudi Arabia (Flag) and Peru (Flag) (2022)

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