2023
Exports
$25.3MWorld Rnk 46 / 151
Flag Rnk 128 / 1143
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$236MWorld Rnk 23 / 212
Flag Rnk 43 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2023, Peru exported $25.3M in Buses, making it the 46th largest exporter of Buses in the world. At the same year, Buses was the 128th most exported product in Peru. The main destination of Buses exports from Peru are: Chile ($21.7M), Mexico ($1.33M), Colombia ($617k), Bolivia ($524k), and United Arab Emirates ($518k).

The fastest growing export markets for Buses of Peru between 2022 and 2023 were Chile ($18.5M), Mexico ($1.33M), and Colombia ($617k).

Imports In 2023, Peru imported $236M in Buses, becoming the 23rd largest importer of Buses in the world. At the same year, Buses was the 43rd most imported product in Peru. Peru imports Buses primarily from: Brazil ($83.4M), China ($82M), Japan ($36.1M), Argentina ($14.9M), and South Korea ($12.2M).

The fastest growing import markets in Buses for Peru between 2022 and 2023 were Brazil ($31.8M), China ($13.5M), and Japan ($11.2M).

Latest Trends

Dec 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 Buses. 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 (2023)$25.3M
IMPORTS (2023)$236M
NET TRADE (2023)-$211M

In 2023, Peru exported $25.3M in Buses. The main destinations of Peru exports on Buses were Chile ($21.7M), Mexico ($1.33M), Colombia ($617k), Bolivia ($524k), and United Arab Emirates ($518k).

In 2023, Peru imported $236M in Buses, mainly from Brazil ($83.4M), China ($82M), Japan ($36.1M), Argentina ($14.9M), and South Korea ($12.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Peru WERE (2022 - 2023):
Chile$18.5M (562%)
Mexico$1.33M (1%)
Colombia$617k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Peru WERE (2022 - 2023):
Panama-$539k (-85.7%)
Belgium-$270k (-100%)
Singapore-$241k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Peru's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Peru's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $553k
TOP IMPORT POTENTIALGermany+ $1.87M

Buses’s highest export potential is Chile. With an export gap of $553k.   Buses’s highest import potential is Germany with an import gap of $1.87M.

See methodology.

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