2022
Exports
$147MWorld Rnk 38 / 162
Flag Rnk 47 / 1148
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$278MWorld Rnk 24 / 217
Flag Rnk 36 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $147M in Raw Iron Bars, making it the 38th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 47th most exported product in Peru. The main destination of Raw Iron Bars exports from Peru are: Bolivia ($95.3M), Colombia ($31.3M), Brazil ($15.4M), Chile ($3.54M), and Panama ($1.67M).

The fastest growing export markets for Raw Iron Bars of Peru between 2021 and 2022 were Brazil ($15.4M), Bolivia ($8.43M), and Panama ($1.67M).

Imports In 2022, Peru imported $278M in Raw Iron Bars, becoming the 24th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 36th most imported product in Peru. Peru imports Raw Iron Bars primarily from: Brazil ($117M), Turkey ($111M), Mexico ($38.5M), Vietnam ($5.19M), and China ($4.4M).

The fastest growing import markets in Raw Iron Bars for Peru between 2021 and 2022 were Brazil ($92.2M), China ($1.09M), and Vietnam ($810k).

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 Raw 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)$147M
IMPORTS (2022)$278M
NET TRADE (2022)-$131M

In 2022, Peru exported $147M in Raw Iron Bars. The main destinations of Peru exports on Raw Iron Bars were Bolivia ($95.3M), Colombia ($31.3M), Brazil ($15.4M), Chile ($3.54M), and Panama ($1.67M).

In 2022, Peru imported $278M in Raw Iron Bars, mainly from Brazil ($117M), Turkey ($111M), Mexico ($38.5M), Vietnam ($5.19M), and China ($4.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Brazil$15.4M (1%)
Bolivia$8.43M (9.71%)
Panama$1.67M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Peru WERE (2021 - 2022):
Canada-$7.76M (-100%)
Chile-$7.22M (-67.1%)
Mexico-$381k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Peru's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $4.59M
TOP IMPORT POTENTIALChina+ $4.69M

Raw Iron Bars’s highest export potential is Brazil. With an export gap of $4.59M.   Raw Iron Bars’s highest import potential is China with an import gap of $4.69M.

See methodology.

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