Peru-Switzerland Bilateral Trade Analysis 2023

Complete trade statistics: $1.81B total volume •Peru surplus: $1.81B

PeruSwitzerland

$1.81B

Exports (2023)

SwitzerlandPeru

$0

Imports (2023)

Trade Balance

$1.81B

Surplus for Peru

Total Trade

$1.81B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Peru and Switzerland. 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-Switzerland commercial relationship and competitive positioning in global markets.

PeruSwitzerland Exports

$1.81B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
91.7% top product
1Metals: gold, non-monetary, unwrought (but not powder)
$1.66B
91.7% of exports
2Metals: silver, unwrought, (but not powder)
$53.80M
3.0% of exports
3Fruit, edible: avocados, fresh or dried
$29.09M
1.6% of exports
4Fruit, edible: bananas, other than plantains, fresh or dried
$14.90M
0.8% of exports
5Fruit, edible: guavas, mangoes and mangosteens, fresh or dried
$13.72M
0.8% of exports

🎯 Strategic Export Focus

Peru's export portfolio to Switzerland demonstrates strategic specialization, with metals: gold, non-monetary, unwrought (but not powder) representing a key competitive advantage in this bilateral market.

SwitzerlandPeru Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
$20.96M
Infinity% of imports
2Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$16.61M
Infinity% of imports
3Non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009
$7.43M
Infinity% of imports
4Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal
$5.83M
Infinity% of imports
5Mastics: painters' fillings
$5.47M
Infinity% of imports

📦 Import Strategy Analysis

Peru's import pattern from Switzerland reveals significant dependencyin blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Peru demonstrates competitive strength in exportingmetals: gold, non-monetary, unwrought (but not powder) to Switzerland, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

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

Specialized Exchange
📈

Growth Potential

The $1.81B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Peru-Switzerland Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.81 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Peru maintains a surplus of $1.81 billion
  • Export Focus: Peru's primary exports include metals: gold, non-monetary, unwrought (but not powder), metals: silver, unwrought, (but not powder), fruit, edible: avocados, fresh or dried
  • Import Dependencies: Key imports from Switzerland include blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $1.81B 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 metals: gold, non-monetary, unwrought (but not powder).

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 metals: gold, non-monetary, unwrought (but not powder)complements Switzerland's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $1.81B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $1.81B 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 $1.81 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in metals: gold, non-monetary, unwrought (but not powder) and blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Peru's trade surplus of $1.81 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in metals: silver, unwrought, (but not powder) present expansion opportunities.
Market Diversification
Beyond current focus on blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in metals: gold, non-monetary, unwrought (but not powder) may affect future market positioning.

🎯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 Switzerland represents a total trade volume of $1.81 billion in 2023. This partnership demonstrates a favorable trade balance for Peru, with exports exceeding importsby $1.81 billion.

Export Strengths

Peru's exports to Switzerland total $1.81 billion, with competitive advantages in metals: gold, non-monetary, unwrought (but not powder), representing $1.66B or91.7% of bilateral exports.

Import Dependencies

Imports from Switzerland amount to $0.00, highlighting economic interdependence in blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale, with Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Peru's competitive position in this bilateral relationship. 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 Switzerland in multiple formats.

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