2022
Exports
$1.15MWorld Rnk 80 / 135
Flag Rnk 472 / 1148
2022
PRODUCT COMPLEXITY IN Soybean Oil
-0.93Rnk 821 / 1025
2022
Imports
$638MWorld Rnk 4 / 215
Flag Rnk 11 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $1.15M in Soybean Oil, making it the 80th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 472nd most exported product in Peru. The main destination of Soybean Oil exports from Peru are: Chile ($1.15M), Spain ($1.74k), United States ($210), Portugal ($184), and Netherlands ($90).

The fastest growing export markets for Soybean Oil of Peru between 2021 and 2022 were Chile ($1.03M), Spain ($1.74k), and United States ($210).

Imports In 2022, Peru imported $638M in Soybean Oil, becoming the 4th largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 11th most imported product in Peru. Peru imports Soybean Oil primarily from: Argentina ($404M), Bolivia ($180M), Brazil ($30.2M), Paraguay ($20.6M), and Uruguay ($3.37M).

The fastest growing import markets in Soybean Oil for Peru between 2021 and 2022 were Argentina ($111M), Bolivia ($68.8M), and Uruguay ($3.37M).

COMPANIES In 2023, leading companies such as Rothfos (4) were at the forefront of shipping Soybean Oil from Peru to the United States.

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 Soybean 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)$1.15M
IMPORTS (2022)$638M
NET TRADE (2022)-$637M

In 2022, Peru exported $1.15M in Soybean Oil. The main destinations of Peru exports on Soybean Oil were Chile ($1.15M), Spain ($1.74k), United States ($210), Portugal ($184), and Netherlands ($90).

In 2022, Peru imported $638M in Soybean Oil, mainly from Argentina ($404M), Bolivia ($180M), Brazil ($30.2M), Paraguay ($20.6M), and Uruguay ($3.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Chile$1.03M (829%)
Spain$1.74k (1%)
United States$210 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Peru WERE (2021 - 2022):
Guatemala-$1.24M (-100%)
Colombia-$646k (-100%)
Aruba-$240 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Soybean Oil were:
In 2022, Peru's main importing competitors in Soybean Oil were:

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Trade Value of Soybean Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $194k
TOP IMPORT POTENTIALBrazil+ $26.8M

Soybean Oil’s highest export potential is Chile. With an export gap of $194k.   Soybean Oil’s highest import potential is Brazil with an import gap of $26.8M.

See methodology.

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