2023
Exports
$2.06BWorld Rnk 52 / 214
Flag Rnk 4 / 1143
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$5.6BWorld Rnk 42 / 226
Flag Rnk 1 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2023, Peru exported $2.06B in Refined Petroleum, making it the 52nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most exported product in Peru. The main destination of Refined Petroleum exports from Peru are: United States ($525M), Panama ($393M), Brazil ($337M), Japan ($261M), and China ($99.6M).

The fastest growing export markets for Refined Petroleum of Peru between 2022 and 2023 were United States ($410M), Brazil ($257M), and China ($99.6M).

Imports In 2023, Peru imported $5.6B in Refined Petroleum, becoming the 42nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Peru. Peru imports Refined Petroleum primarily from: United States ($5.02B), Canada ($283M), South Korea ($101M), Japan ($32.9M), and Ecuador ($32.4M).

The fastest growing import markets in Refined Petroleum for Peru between 2022 and 2023 were South Korea ($73.3M), Japan ($30.7M), and Ecuador ($13M).

COMPANIES In 2024, leading companies such as Del Monte Foods (1) and Amazon Produce Network (1) were at the forefront of shipping Refined Petroleum from Peru to the United States.

Latest Trends

Dec 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 Refined Petroleum. 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 (2023)$2.06B
IMPORTS (2023)$5.6B
NET TRADE (2023)-$3.54B

In 2023, Peru exported $2.06B in Refined Petroleum. The main destinations of Peru exports on Refined Petroleum were United States ($525M), Panama ($393M), Brazil ($337M), Japan ($261M), and China ($99.6M).

In 2023, Peru imported $5.6B in Refined Petroleum, mainly from United States ($5.02B), Canada ($283M), South Korea ($101M), Japan ($32.9M), and Ecuador ($32.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Peru WERE (2022 - 2023):
United States$410M (357%)
Brazil$257M (317%)
China$99.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Peru WERE (2022 - 2023):
Japan-$422M (-61.8%)
Bolivia-$298M (-95.4%)
South Korea-$150M (-77.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Peru's main exporting competitors in Refined Petroleum were:
In 2023, Peru's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $191M
TOP IMPORT POTENTIALColombia+ $47M

Refined Petroleum’s highest export potential is United States. With an export gap of $191M.   Refined Petroleum’s highest import potential is Colombia with an import gap of $47M.

See methodology.

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