Peru-Georgia Bilateral Trade Analysis 2023
Complete trade statistics: $67.59M total volume •Peru deficit: $67.59M
Peru → Georgia
$0
Exports (2023)
Georgia → Peru
$67.59M
Imports (2023)
Trade Balance
$67.59M
Deficit for Peru
Total Trade
$67.59M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Peru and Georgia. 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-Georgia commercial relationship and competitive positioning in global markets.
Peru → Georgia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Peru's export portfolio to Georgia demonstrates strategic specialization, with fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99 representing a key competitive advantage in this bilateral market.
Georgia → Peru Imports
Import Dependency Profile
📦 Import Strategy Analysis
Peru's import pattern from Georgia reveals significant dependencyin fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Peru demonstrates competitive strength in exportingfish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99 to Georgia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $67.59M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Peru-Georgia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $67.59 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Peru maintains a deficit of $67.59 million
- Export Focus: Peru's primary exports include fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99, nuts, edible: brazil nuts, fresh or dried, shelled, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
- Import Dependencies: Key imports from Georgia include fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution, fats and oils and their fractions: of fish, (excluding liver-oils), machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438
Strategic Trade Indicators
📈 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 $67.59M 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 fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99.
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
Peru's specialization in fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99complements Georgia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $67.59M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $67.59M 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 $67.59 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99 and fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Peru's trade deficit of $67.59 million 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 Peru and Georgia represents a total trade volume of $67.59 million in 2023. This partnership demonstrates an unfavorable trade balance for Peru, with imports exceeding exportsby $67.59 million.
Export Strengths
Peru's exports to Georgia total $0.00, with competitive advantages in fish: frozen, trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), excluding fillets, meat of 0304, and edible fish offal of 0303.91 to 0303.99, representing $392,225 orInfinity% of bilateral exports.
Import Dependencies
Imports from Georgia amount to $67.59 million, highlighting economic interdependence in fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution, with Fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution comprising91.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Peru's strategic sourcing from Georgia. 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 Georgia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023