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2022
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Exports $883MRnk 49 / 218
2022
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Top Product $36.3MVaccines, blood, antisera, toxins and cultures
2022
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Exports $1.54BRnk 11 / 180
2022
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Top Product $329MZinc Ore
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 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

Spain-Peru In 2022, Spain exported $883M to Peru. The main products that Spain exported to Peru are Vaccines, blood, antisera, toxins and cultures ($36.3M), Particle Board ($35.9M), and Unglazed Ceramics ($25.1M). During the last 27 years the exports of Spain to Peru have increased at an annualized rate of 3.4%, from $358M in 1995 to $883M in 2022.

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

Peru-Spain In 2022, Peru exported $1.54B to Spain. The main products that Peru exported to Spain were Zinc Ore ($329M), Copper Ore ($208M), and Molluscs ($170M). During the last 27 years the exports of Peru to Spain have increased at an annualized rate of 8.83%, from $156M in 1995 to $1.54B in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €57M and imported €104M from Peru, resulting in a negative trade balance of €47.4M. Between February 2023 and February 2024 the exports of Spain have decreased by €-1.49M (-2.54%) from €58.5M to €57M, while imports decreased by €-26.4M (-20.2%) from €131M to €104M.

Trade In February 2024, the top exports of Spain to Peru were Beauty Products (€2.46M), Particle Board (€2.31M), Video and Card Games (€1.34M), Unglazed Ceramics (€1.26M), and Rubber Tires (€1.19M). In February 2024 the top imports of Spain from Peru were Copper Ore (€47.6M), Zinc Ore (€23.9M), Other Processed Vegetables (€17.7M), Molluscs (€12.1M), and Raw Tin (€11.8M).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€14M), Madrid (€8.17M), Valencia (€4.04M), Castellón (€2.41M), and Burgos (€2.26M), while imports destinations were mainly Huelva (€43M), Barcelona (€10.9M), Valencia (€10.3M), Madrid (€7.35M), and Pontevedra (€5.96M).

Growth In February 2024, the decrease in Spain's year-by-year exports to Peru was explained primarily by an decrease in product exports in Particle Board (€-1.37M or -37.2%), Unglazed Ceramics (€-1.06M or -45.6%), and Locomotive Parts (€-887k or -97.5%). In February 2024, the decrease in Spain's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Zinc Ore (€-11.7M or -32.9%), Molluscs (€-2.7M or -18.3%), and Crustaceans (€-1.54M or -56.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€-1.49M(-2.54%)
IMPORT GROWTH (February 2023 - February 2024)€-26.4M(-20.2%)
MAIN EXPORTER (February 2024)Barcelona€14M

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

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

For full datasets download visit Bulk Download page.

Explore Peru and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $883M to Peru. The main products exported from Spain to Peru were Vaccines, blood, antisera, toxins and cultures ($36.3M), Particle Board ($35.9M), and Unglazed Ceramics ($25.1M). During the last 27 years the exports of Spain to Peru have increased at an annualized rate of 3.4%, from $358M in 1995 to $883M in 2022.

In 2022, Peru exported $1.54B to Spain. The main products exported from Peru to Spain were Zinc Ore ($329M), Copper Ore ($208M), and Molluscs ($170M). During the last 27 years the exports of Peru to Spain have increased at an annualized rate of 8.83%, from $156M in 1995 to $1.54B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Peru
Top DestinationChina$17.6B

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

In 2021, countries that imported more from Spain than Peru were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Peru than Spain were China ($17.6B), Bolivia ($813M), and Ecuador ($1.28B).

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

Comparative Advantage Spain - Peru

Flow
Scale

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

During 2022, Spain had a large net trade with Peru in the exports of Chemical Products ($230M), Machines ($209M), and Metals ($64M).

During 2022, Peru had a large net trade with Spain in the exports of Mineral Products ($652M), Vegetable Products ($348M), and Animal Products ($205M).

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

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

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