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Pricing

2022
Flag → Flag
Exports $1.16BRnk 27 / 215
2022
Flag → Flag
Top Product $423MRefined Petroleum
2022
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Exports $2.69BRnk 4 / 180
2022
Flag → Flag
Top Product $1.86BGold
2022
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Economic Complexity (ECI) ECI 0.85Rnk 31 / 124
2022
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Economic Complexity (ECI) ECI -0.66Rnk 87 / 124
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Canada-Peru In 2022, Canada exported $1.16B to Peru. The main products that Canada exported to Peru are Refined Petroleum ($423M), Wheat ($411M), and Dried Legumes ($64.5M). During the last 27 years the exports of Canada to Peru have increased at an annualized rate of 7.69%, from $157M in 1995 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.

Peru-Canada 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). During the last 27 years the exports of Peru to Canada have increased at an annualized rate of 11.3%, from $148M in 1995 to $2.69B in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$88.9M and imported C$608M from Peru, resulting in a negative trade balance of C$519M. Between January 2023 and January 2024 the exports of Canada have decreased by C$-86.9M (-49.4%) from C$176M to C$88.9M, while imports increased by C$261M (75.4%) from C$346M to C$608M.

Trade In January 2024, the top exports of Canada to Peru were Wheat (C$100M), Refined Petroleum (C$49.1M), Oats (C$3.5M), Dried Legumes (C$3.36M), and Excavation Machinery (C$2.25M). In January 2024 the top imports of Canada from Peru were Gold (C$235M), Grapes (C$43.3M), Other Fruits (C$10.2M), Tropical Fruits (C$8.43M), and Coffee (C$5.91M).

Origins In January 2024 the exports of Canada were mainly from Saskatchewan (C$40.7M), Alberta (C$19.6M), Manitoba (C$10.4M), Ontario (C$9.44M), and Quebec (C$4.12M), while imports destinations were mainly Ontario (C$425M), Quebec (C$107M), New Brunswick (C$43.4M), British Columbia (C$25.1M), and Alberta (C$2.65M).

Growth In January 2024, the decrease in Canada's year-by-year exports to Peru was explained primarily by an decrease in product exports in Stone Processing Machines (C$-1.6M or -86.2%), Other Uncoated Paper (C$-1.31M or -82.9%), and Pig Meat (C$-640k or -62.5%). In January 2024, the increase in Canada's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Gold (C$51M or 27.8%), Grapes (C$18.4M or 74.3%), and Tropical Fruits (C$5.17M or 159%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)C$-86.9M(-49.4%)
IMPORT GROWTH (January 2023 - January 2024)C$261M(75.4%)
MAIN EXPORTER (January 2024)SaskatchewanC$40.7M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of Canada to Peru have increased at an annualized rate of 7.69%, from $157M in 1995 to $1.16B in 2022.

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 27 years the exports of Peru to Canada have increased at an annualized rate of 11.3%, from $148M in 1995 to $2.69B in 2022.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Peru
Top DestinationChina$17.6B

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

In 2021, countries that imported more from Canada than Peru were United States ($438B), Japan ($14.3B), and United Kingdom ($12.9B).

In 2021, countries that imported more from Peru than Canada were Chile ($1.85B), Bolivia ($813M), and Ecuador ($1.28B).

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

Comparative Advantage Canada - Peru

Flow
Scale

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

During 2022, Canada had a large net trade with Peru in the exports of Vegetable Products ($487M), Mineral Products ($424M), and Machines ($89.1M).

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).

Service Trade

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)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Peru. Similarly, the more yellow a dot/product is, the more Peru has comparative advantage over Canada.

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

Keep Exploring

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