2022
Exports
$6.03MWorld Rnk 62 / 126
Flag Rnk 255 / 1148
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$117MWorld Rnk 44 / 210
Flag Rnk 97 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $6.03M in Hot-Rolled Iron Bars, making it the 62nd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 255th most exported product in Peru. The main destination of Hot-Rolled Iron Bars exports from Peru are: Chile ($2.74M), Colombia ($1.45M), Bolivia ($1.34M), and Panama ($502k).

The fastest growing export markets for Hot-Rolled Iron Bars of Peru between 2021 and 2022 were Chile ($2.2M), Colombia ($1.24M), and Panama ($502k).

Imports In 2022, Peru imported $117M in Hot-Rolled Iron Bars, becoming the 44th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 97th most imported product in Peru. Peru imports Hot-Rolled Iron Bars primarily from: China ($50.4M), Brazil ($50.4M), Turkey ($13.8M), Mexico ($1.56M), and India ($571k).

The fastest growing import markets in Hot-Rolled Iron Bars for Peru between 2021 and 2022 were Brazil ($38.8M), China ($7.3M), and Italy ($768).

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 Hot-Rolled Iron Bars. 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)$6.03M
IMPORTS (2022)$117M
NET TRADE (2022)-$111M

In 2022, Peru exported $6.03M in Hot-Rolled Iron Bars. The main destinations of Peru exports on Hot-Rolled Iron Bars were Chile ($2.74M), Colombia ($1.45M), Bolivia ($1.34M), and Panama ($502k).

In 2022, Peru imported $117M in Hot-Rolled Iron Bars, mainly from China ($50.4M), Brazil ($50.4M), Turkey ($13.8M), Mexico ($1.56M), and India ($571k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Chile$2.2M (403%)
Colombia$1.24M (579%)
Panama$502k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Peru WERE (2021 - 2022):
Ecuador-$433k (-100%)
Guatemala-$48.9k (-100%)
Bolivia-$7.12k (-0.53%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Peru's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $754k
TOP IMPORT POTENTIALMexico+ $1.47M

Hot-Rolled Iron Bars’s highest export potential is Colombia. With an export gap of $754k.   Hot-Rolled Iron Bars’s highest import potential is Mexico with an import gap of $1.47M.

See methodology.

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