2022
Exports
$3.61MWorld Rnk 91 / 224
Flag Rnk 318 / 1148
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$298MWorld Rnk 55 / 225
Flag Rnk 32 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $3.61M in Medical Instruments, making it the 91st largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 318th most exported product in Peru. The main destination of Medical Instruments exports from Peru are: Bolivia ($731k), United States ($679k), Chile ($430k), Argentina ($387k), and Ecuador ($258k).

The fastest growing export markets for Medical Instruments of Peru between 2021 and 2022 were Argentina ($297k), United States ($227k), and Israel ($147k).

Imports In 2022, Peru imported $298M in Medical Instruments, becoming the 55th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 32nd most imported product in Peru. Peru imports Medical Instruments primarily from: China ($91.1M), United States ($52M), Germany ($42.2M), Japan ($15.2M), and South Korea ($10.3M).

The fastest growing import markets in Medical Instruments for Peru between 2021 and 2022 were Germany ($9.68M), Japan ($5.81M), and Italy ($3.37M).

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 Medical Instruments. 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)$3.61M
IMPORTS (2022)$298M
NET TRADE (2022)-$295M

In 2022, Peru exported $3.61M in Medical Instruments. The main destinations of Peru exports on Medical Instruments were Bolivia ($731k), United States ($679k), Chile ($430k), Argentina ($387k), and Ecuador ($258k).

In 2022, Peru imported $298M in Medical Instruments, mainly from China ($91.1M), United States ($52M), Germany ($42.2M), Japan ($15.2M), and South Korea ($10.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Argentina$297k (330%)
United States$227k (50.4%)
Israel$147k (3.95k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Peru WERE (2021 - 2022):
Guatemala-$500k (-88%)
Brazil-$355k (-100%)
Bolivia-$195k (-21.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Medical Instruments were:
In 2022, Peru's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.82M
TOP IMPORT POTENTIALUnited States+ $26.5M

Medical Instruments’s highest export potential is United States. With an export gap of $1.82M.   Medical Instruments’s highest import potential is United States with an import gap of $26.5M.

See methodology.

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