2022
Exports
$184MWorld Rnk 19 / 149
Flag Rnk 39 / 1148
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$10.3MWorld Rnk 127 / 208
Flag Rnk 505 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $184M in Palm Oil, making it the 19th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 39th most exported product in Peru. The main destination of Palm Oil exports from Peru are: Mexico ($62.8M), Chile ($31.7M), Ecuador ($19.6M), Netherlands ($18.6M), and Spain ($18.2M).

The fastest growing export markets for Palm Oil of Peru between 2021 and 2022 were Mexico ($36.4M), Ecuador ($19.2M), and Spain ($15.4M).

Imports In 2022, Peru imported $10.3M in Palm Oil, becoming the 127th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 505th most imported product in Peru. Peru imports Palm Oil primarily from: Indonesia ($6.94M), Malaysia ($2.76M), Chile ($304k), Ecuador ($210k), and Italy ($33.8k).

The fastest growing import markets in Palm Oil for Peru between 2021 and 2022 were Indonesia ($846k), Malaysia ($346k), and Italy ($33.8k).

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 Palm Oil. 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)$184M
IMPORTS (2022)$10.3M
NET TRADE (2022)$174M

In 2022, Peru exported $184M in Palm Oil. The main destinations of Peru exports on Palm Oil were Mexico ($62.8M), Chile ($31.7M), Ecuador ($19.6M), Netherlands ($18.6M), and Spain ($18.2M).

In 2022, Peru imported $10.3M in Palm Oil, mainly from Indonesia ($6.94M), Malaysia ($2.76M), Chile ($304k), Ecuador ($210k), and Italy ($33.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Mexico$36.4M (138%)
Ecuador$19.2M (4.33k%)
Spain$15.4M (557%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Peru WERE (2021 - 2022):
Dominican Republic-$22.9M (-88.3%)
Morocco-$5.59M (-58%)
Brazil-$3.37M (-87.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Palm Oil were:
In 2022, Peru's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $3.79M
TOP IMPORT POTENTIALIndonesia+ $3.69M

Palm Oil’s highest export potential is Netherlands. With an export gap of $3.79M.   Palm Oil’s highest import potential is Indonesia with an import gap of $3.69M.

See methodology.

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