Peru-Brazil Bilateral Trade Analysis 2023

Complete trade statistics: $5.03B total volume โ€ขPeru deficit: $1.57B

Peru โ†’ Brazil

$1.73B

Exports (2023)

Brazil โ†’ Peru

$3.30B

Imports (2023)

Trade Balance

$1.57B

Deficit for Peru

Total Trade

$5.03B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Peru and Brazil. Green line shows exports from Peru, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Peru-Brazil commercial relationship and competitive positioning in global markets.

Peru โ†’ Brazil Exports

$1.73B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Balanced

Product-level data is available for major trade relationships.

For detailed Peru-Brazil product breakdown, please refer to each country's overall trade statistics.

๐ŸŽฏ Strategic Export Focus

Peru's export portfolio to Brazil demonstrates strategic specialization, with leading products representing a key competitive advantage in this bilateral market.

Brazil โ†’ Peru Imports

$3.30B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Distributed

Product-level data is available for major trade relationships.

For detailed Peru-Brazil product breakdown, please refer to each country's overall trade statistics.

๐Ÿ“ฆ Import Strategy Analysis

Peru's import pattern from Brazil reveals strategic sourcingin key sectors, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Peru demonstrates competitive strength in exportingkey products to Brazil, leveraging comparative advantages.

Export Leader in 0+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $5.03B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Peru-Brazil Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $5.03 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Peru maintains a deficit of $1.57 billion
  • Export Focus: Peru's primary exports include various products
  • Import Dependencies: Key imports from Brazil include various products

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents an important regional 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 $5.03B 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 Peru leveraging its comparative advantages in key sectors.

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

1

Comparative Advantage

Peru's specialization in key industriescomplements Brazil's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in manufacturing sectors.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $5.03B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $5.03B 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

๐Ÿ’ฐ

Trade Volume Impact

The $5.03 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
๐Ÿญ

Industrial Integration

Trade flows in key sectors and manufacturing demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
โš–๏ธ

Trade Balance Effects

Peru's trade deficit of $1.57 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in advanced manufacturing present expansion opportunities.
Market Diversification
Beyond current focus on traditional sectors, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in key export sectors may affect future market positioning.

๐ŸŽฏStrategic 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 Peru and Brazil represents a total trade volume of $5.03 billion in 2023. This partnership demonstrates an unfavorable trade balance for Peru, with imports exceeding exportsby $1.57 billion.

Export Strengths

Peru's exports to Brazil total $1.73 billion, with competitive advantages in key sectors.

Import Dependencies

Imports from Brazil amount to $3.30 billion, highlighting economic interdependence in manufacturing sectors.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Peru's strategic sourcing from Brazil. 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 Peru and Brazil in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023