Refined Petroleum in Peru

EXPORTS (2018): $2.83B, World Rnk 37 / 198
Flag Rnk 3 / 1055

TOP DESTINATION (2018): $1.52B, United States

FASTEST GROWING MARKET (2017 - 2018): $708M, United States

IMPORTS (2018): $3.54B, World Rnk 47 / 221
Flag Rnk 1 / 1173

TOP ORIGIN (2018): $3.21B, United States

FASTEST GROWING ORIGIN (2017 - 2018): $733M, United States

ECONOMIC COMPLEXITY of Peru (2018): -0.6, Rnk 94 / 137

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

Overview: This page contains the latest trade data of Refined Petroleum in Peru.

Exports: In 2018, Peru exported $2.83B in Refined Petroleum, making it the 37th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Peru. The main destination of Refined Petroleum exports from Peru are: United States ($1.52B), Brazil ($458M), Panama ($130M), Japan ($101M), and Bolivia ($87.9M).

The fastest growing export markets for Refined Petroleum of Peru between 2017 and 2018 were United States ($708M), Chile ($37.6M), and Brazil ($35.4M).

Imports: In 2018, Peru imported $3.54B in Refined Petroleum, becoming the 47th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Peru. Peru imports Refined Petroleum primarily from: United States ($3.21B), South Korea ($89.3M), Russia ($45.7M), Colombia ($30.2M), and Japan ($27.7M).

The fastest growing import markets in Refined Petroleum for Peru between 2017 and 2018 were United States ($733M), Russia ($38.9M), and China ($15.5M).

Value

EXPORTS (2018): $2.83B

IMPORTS (2018): $3.54B

NET TRADE (2018): -$705M

In 2018, Peru exported $2.83B in Refined Petroleum. The main destinations of Peru exports on Refined Petroleum were United States ($1.52B), Brazil ($458M), Panama ($130M), Japan ($101M), and Bolivia ($87.9M).

In 2018, Peru imported $3.54B in Refined Petroleum, mainly from United States ($3.21B), South Korea ($89.3M), Russia ($45.7M), Colombia ($30.2M), and Japan ($27.7M).

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IN 2018, Peru HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • Brazil, $453M ($458M - $5.07M)
  • Panama, $130M ($130M - $0)
  • Bolivia, $84.9M ($87.9M - $2.99M)

IN 2018, Peru HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • United States, -$1.7B ($1.52B - $3.21B)
  • Russia, -$45.7M ($0 - $45.7M)
  • South Korea, -$24.6M ($64.6M - $89.3M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Peru WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Peru WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Peru's main exporting competitors in Refined Petroleum were:

In 2018, Peru's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Peru. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Refined Petroleum in the imports of Peru were of 0% around the world.

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