2022
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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
$115BCURRENT US$
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2012-2022
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GDP GROWTH
30.9%CURRENT US$
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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$
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2022
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GDP PC
$6,391CURRENT US$
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2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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About

Peru-Ecuador In 2022, Peru exported $1.28B to Ecuador. The main products that Peru exported to Ecuador are Animal Food ($256M), Animal Meal and Pellets ($114M), and Copper Wire ($46.2M). During the last 27 years the exports of Peru to Ecuador have increased at an annualized rate of 12.8%, from $49.8M in 1995 to $1.28B in 2022.

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

Ecuador-Peru In 2022, Ecuador exported $1.02B to Peru. The main products that Ecuador exported to Peru were Crude Petroleum ($442M), Particle Board ($73.7M), and Copper Ore ($64.2M). During the last 27 years the exports of Ecuador to Peru have increased at an annualized rate of 10%, from $77.5M in 1995 to $1.02B in 2022.

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

Comparison In 2022,  Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Peru exported $1.28B to Ecuador. The main products exported from Peru to Ecuador were Animal Food ($256M), Animal Meal and Pellets ($114M), and Copper Wire ($46.2M). During the last 27 years the exports of Peru to Ecuador have increased at an annualized rate of 12.8%, from $49.8M in 1995 to $1.28B in 2022.

In 2022, Ecuador exported $1.02B to Peru. The main products exported from Ecuador to Peru were Crude Petroleum ($442M), Particle Board ($73.7M), and Copper Ore ($64.2M). During the last 27 years the exports of Ecuador to Peru have increased at an annualized rate of 10%, from $77.5M in 1995 to $1.02B in 2022.

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

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

Latest Data

Trade between Peru (Flag) and Ecuador (Flag)

Peru Exports

Ecuador Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from Peru than Ecuador were China ($17.6B), South Korea ($2.62B), and Japan ($2.83B).

In 2021, countries that imported more from Ecuador than Peru were Panama ($4.97B), United States ($9.86B), and Russia ($994M).

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

Comparative Advantage Peru - Ecuador

Flow
Scale

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

During 2022, Peru had a large net trade with Ecuador in the exports of Foodstuffs ($493M), Metals ($163M), and Chemical Products ($162M).

During 2022, Ecuador had a large net trade with Peru in the exports of Mineral Products ($567M), Foodstuffs ($132M), and Wood Products ($76.4M).

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 Peru has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over Peru.

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

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