China-Peru Bilateral Trade Analysis 2023
Complete trade statistics: $35.74B total volume •China deficit: $8.55B
China → Peru
$13.60B
Exports (2023)
Peru → China
$22.15B
Imports (2023)
Trade Balance
$8.55B
Deficit for China
Total Trade
$35.74B
Combined Volume
Trade Flow Visualization
Direct trade relationship between China and Peru. Green line shows exports from China, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Peru commercial relationship and competitive positioning in global markets.
China → Peru Exports
Export Market Intelligence
🎯 Strategic Export Focus
China's export portfolio to Peru demonstrates strong diversification across multiple sectors, with telephones for cellular networks or for other wireless networks representing a key competitive advantage in this bilateral market.
Peru → China Imports
Import Dependency Profile
📦 Import Strategy Analysis
China's import pattern from Peru reveals strategic sourcingin copper ores and concentrates, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
China demonstrates competitive strength in exportingtelephones for cellular networks or for other wireless networks to Peru, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $35.74B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: China-Peru Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $35.74 billionrepresenting a significant bilateral economic relationship
- Trade Balance: China maintains a deficit of $8.55 billion
- Export Focus: China's primary exports include telephones for cellular networks or for other wireless networks, tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds, automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
- Import Dependencies: Key imports from Peru include copper ores and concentrates, iron ores and concentrates: non-agglomerated, copper: refined, unwrought, cathodes and sections of cathodes
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $35.74B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in telephones for cellular networks or for other wireless networks.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
China's specialization in telephones for cellular networks or for other wireless networkscomplements Peru's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in copper ores and concentrates.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $35.74B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $35.74B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $35.74 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in telephones for cellular networks or for other wireless networks and copper ores and concentrates demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
China's trade deficit of $8.55 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between China and Peru represents a total trade volume of $35.74 billion in 2023. This partnership demonstrates an unfavorable trade balance for China, with imports exceeding exportsby $8.55 billion.
Export Strengths
China's exports to Peru total $13.60 billion, with competitive advantages in telephones for cellular networks or for other wireless networks, representing $700.93M or5.2% of bilateral exports.
Import Dependencies
Imports from Peru amount to $22.15 billion, highlighting economic interdependence in copper ores and concentrates, with Copper ores and concentrates comprising70.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates China's strategic sourcing from Peru. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between China and Peru in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023