Flag Peru / Canada Flag

2019
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Exports
: $2.45B, Rnk 3 / 177

2019
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Top Product
: $1.68B, Gold

2019
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Exports
: $633M, Rnk 33 / 214

2019
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Top Product
: $276M, Wheat

2019
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Economic Complexity (ECI)
: ECI -0.54, Rnk 97 / 146

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 30 / 146

2019
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GDP
: $227B, CURRENT US$
Rnk 49 / 187

2009-2019
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GDP GROWTH
: 87.8%, CURRENT US$
Rnk 39 / 187

2019
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 GDP
: $1.74T, CURRENT US$
Rnk 10 / 187

2009-2019
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GDP GROWTH
: 26.6%, CURRENT US$
Rnk 134 / 187

2019
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GDP PC 
: $6,978, CURRENT US$
Rnk 90 / 187

2009-2019
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GDP PC GROWTH
: 66.3%, CURRENT US$
Rnk 37 / 187

2019
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GDP PC
: $46,195, CURRENT US$
Rnk 20 / 187

2009-2019
Flag
GDP PC GROWTH
: 13.3%, CURRENT US$
Rnk 132 / 187

Peru-Canada In 2019, Peru exported $2.45B to Canada. The main products that Peru exported to Canada are Gold ($1.68B), Silver ($177M), and Lead Ore ($85.4M). During the last 24 years the exports of Peru to Canada have increased at an annualized rate of 12.5%, from $146M in 1995 to $2.45B in 2019.

In 2019, Peru did not export any services to Canada.

Canada-Peru In 2019, Canada exported $633M to Peru . The main products that Canada exported to Peru were Wheat ($276M), Refined Petroleum ($31.4M), and Stone Processing Machines ($27.3M). During the last 24 years the exports of Canada to Peru have increased at an annualized rate of 6.44%, from $141M in 1995 to $633M in 2019.

In 2019, Canada did not export any services to Peru.

Comparison In 2019,  Peru ranked 97 in the Economic Complexity Index (ECI -0.54), and 53 in total exports ($46.8B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 1.01), and 11 in total exports ($431B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Peru exported $2.45B to Canada. The main products exported from Peru to Canada were Gold ($1.68B), Silver ($177M), and Lead Ore ($85.4M). During the last 24 years the exports of Peru to Canada have increased at an annualized rate of 12.5%, from $146M in 1995 to $2.45B in 2019.

In 2019, Canada exported $633M to Peru. The main products exported from Canada to Peru were Wheat ($276M), Refined Petroleum ($31.4M), and Stone Processing Machines ($27.3M). During the last 24 years the exports of Canada to Peru have increased at an annualized rate of 6.44%, from $141M in 1995 to $633M in 2019.

Canada Exports

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Market Competitiveness

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Measure

Peru
Top Destination
: China, $13.6B

Canada
Top Destination
: United States, $314B

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

In 2019, countries that imported more from Peru than Canada were Switzerland ($2.28B), Bolivia ($707M), and Chile ($1.31B).

In 2019, countries that imported more from Canada than Peru were United States ($314B), United Kingdom ($13.8B), and Japan ($9.92B).

Comparative Advantage Peru - Canada

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Depth

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

During 2019, Peru had a large net trade with Canada in the exports of Precious Metals ($1.86B), Mineral Products ($217M), and Vegetable Products ($166M).

During 2019, Canada had a large net trade with Peru in the exports of Vegetable Products ($312M), Machines ($102M), and Chemical Products ($54.3M).

Flow

Tariff Section

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This section shows import tariffs for products traded between Peru and Canada (using the HS6 product classification and the last year reported).

In 2019, the products from Peru that paid the highest import tariffs to enter Canada were Bovine carcasses and half carcasses, fresh or chilled (11%) and Bovine cuts bone in, fresh or chilled (11%).

In 2019, the products from Canada that paid the highest import tariffs to enter Peru were Fat: poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (493%) and Dairy produce: fats and oils derived from milk (other than butter or dairy spreads) (314%).

*The tariffs present between Peru and Canada are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
178: Preferential tariff for Canada
178: Preferential tariff for Canada

Economic Complexity

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Competitive Landscape

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