2018
Exports
$2.2MWorld Rnk 79 / 166
Flag Rnk 384 / 1143
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2018
Imports
$127MWorld Rnk 33 / 218
Flag Rnk 77 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2018, Peru exported $2.2M in Cranes, making it the 79th largest exporter of Cranes in the world. At the same year, Cranes was the 384th most exported product in Peru. The main destination of Cranes exports from Peru are: Chile ($1.43M), Ecuador ($544k), China ($200k), United States ($17.4k), and Portugal ($8.76k).

The fastest growing export markets for Cranes of Peru between 2022 and 2023 were Ecuador ($274k), China ($200k), and Chile ($47.5k).

Imports In 2023, Peru imported $127M in Cranes, becoming the 33rd largest importer of Cranes in the world. At the same year, Cranes was the 77th most imported product in Peru. Peru imports Cranes primarily from: China ($81M), Germany ($9.56M), Italy ($6.23M), Spain ($5.21M), and United Kingdom ($4.79M).

The fastest growing import markets in Cranes for Peru between 2022 and 2023 were China ($48.8M), Germany ($6.96M), and United Kingdom ($4.79M).

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 Cranes. 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)$2.2M
IMPORTS (2023)$127M
NET TRADE (2023)-$125M

In 2023, Peru exported $2.2M in Cranes. The main destinations of Peru exports on Cranes were Chile ($1.43M), Ecuador ($544k), China ($200k), United States ($17.4k), and Portugal ($8.76k).

In 2023, Peru imported $127M in Cranes, mainly from China ($81M), Germany ($9.56M), Italy ($6.23M), Spain ($5.21M), and United Kingdom ($4.79M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Peru WERE (2022 - 2023):
Ecuador$274k (102%)
China$200k (1%)
Chile$47.5k (3.44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Peru WERE (2022 - 2023):
Colombia-$159k (-100%)
Mexico-$35.5k (-100%)
Bolivia-$19.8k (-95.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Peru's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Peru's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $150k
TOP IMPORT POTENTIALGermany+ $1.85M

Cranes’s highest export potential is Chile. With an export gap of $150k.   Cranes’s highest import potential is Germany with an import gap of $1.85M.

See methodology.

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