2022
Exports
$3.67MWorld Rnk 62 / 219
Flag Rnk 315 / 1148
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$85.7MWorld Rnk 49 / 220
Flag Rnk 125 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $3.67M in Ball Bearings, making it the 62nd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 315th most exported product in Peru. The main destination of Ball Bearings exports from Peru are: Chile ($1.63M), Bolivia ($801k), United States ($283k), Panama ($163k), and Zambia ($104k).

The fastest growing export markets for Ball Bearings of Peru between 2021 and 2022 were Chile ($684k), Mexico ($69.3k), and Italy ($44.4k).

Imports In 2022, Peru imported $85.7M in Ball Bearings, becoming the 49th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 125th most imported product in Peru. Peru imports Ball Bearings primarily from: United States ($23.8M), China ($15.8M), Japan ($12.4M), Germany ($6.65M), and India ($3.86M).

The fastest growing import markets in Ball Bearings for Peru between 2021 and 2022 were Japan ($3.11M), United States ($2.55M), and India ($1.56M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ball Bearings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.67M
IMPORTS (2022)$85.7M
NET TRADE (2022)-$82M

In 2022, Peru exported $3.67M in Ball Bearings. The main destinations of Peru exports on Ball Bearings were Chile ($1.63M), Bolivia ($801k), United States ($283k), Panama ($163k), and Zambia ($104k).

In 2022, Peru imported $85.7M in Ball Bearings, mainly from United States ($23.8M), China ($15.8M), Japan ($12.4M), Germany ($6.65M), and India ($3.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Chile$684k (72.6%)
Mexico$69.3k (211%)
Italy$44.4k (3.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Peru WERE (2021 - 2022):
Denmark-$252k (-99.7%)
Colombia-$166k (-78.1%)
Guyana-$50.2k (-37.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Peru's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $642k
TOP IMPORT POTENTIALChina+ $8.26M

Ball Bearings’s highest export potential is United States. With an export gap of $642k.   Ball Bearings’s highest import potential is China with an import gap of $8.26M.

See methodology.

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