2022
Exports
$42.1MWorld Rnk 49 / 180
Flag Rnk 96 / 1148
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$76.7MWorld Rnk 69 / 224
Flag Rnk 140 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $42.1M in Malt Extract, making it the 49th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 96th most exported product in Peru. The main destination of Malt Extract exports from Peru are: Haiti ($28.9M), Ecuador ($2.04M), United States ($1.86M), Bolivia ($1.42M), and Liberia ($1.31M).

The fastest growing export markets for Malt Extract of Peru between 2021 and 2022 were Colombia ($321k), Dominican Republic ($286k), and Saint Vincent and the Grenadines ($236k).

Imports In 2022, Peru imported $76.7M in Malt Extract, becoming the 69th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 140th most imported product in Peru. Peru imports Malt Extract primarily from: Mexico ($21.8M), Colombia ($12.2M), Netherlands ($11.3M), Ireland ($8.96M), and Chile ($4.81M).

The fastest growing import markets in Malt Extract for Peru between 2021 and 2022 were Mexico ($12.8M), Canada ($1.11M), and Argentina ($778k).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Malt Extract from Peru to the United States.

Latest Trends

Oct 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 Malt Extract. 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)$42.1M
IMPORTS (2022)$76.7M
NET TRADE (2022)-$34.7M

In 2022, Peru exported $42.1M in Malt Extract. The main destinations of Peru exports on Malt Extract were Haiti ($28.9M), Ecuador ($2.04M), United States ($1.86M), Bolivia ($1.42M), and Liberia ($1.31M).

In 2022, Peru imported $76.7M in Malt Extract, mainly from Mexico ($21.8M), Colombia ($12.2M), Netherlands ($11.3M), Ireland ($8.96M), and Chile ($4.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Colombia$321k (2.01k%)
Dominican Republic$286k (1.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Peru WERE (2021 - 2022):
Haiti-$15.6M (-35%)
Chile-$3.68M (-95.9%)
United States-$1.02M (-35.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Malt Extract were:
In 2022, Peru's main importing competitors in Malt Extract were:

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.76M
TOP IMPORT POTENTIALUnited States+ $2.5M

Malt Extract’s highest export potential is United States. With an export gap of $2.76M.   Malt Extract’s highest import potential is United States with an import gap of $2.5M.

See methodology.

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