2022
Exports
$215kWorld Rnk 79 / 139
Flag Rnk 717 / 1148
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$158MWorld Rnk 37 / 200
Flag Rnk 71 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $215k in Soybeans, making it the 79th largest exporter of Soybeans in the world. At the same year, Soybeans was the 717th most exported product in Peru. The main destination of Soybeans exports from Peru are: South Korea ($189k), Spain ($9.67k), Cyprus ($8.09k), United States ($5.07k), and Italy ($1.51k).

The fastest growing export markets for Soybeans of Peru between 2021 and 2022 were South Korea ($189k), Cyprus ($8.09k), and Spain ($2.13k).

Imports In 2022, Peru imported $158M in Soybeans, becoming the 37th largest importer of Soybeans in the world. At the same year, Soybeans was the 71st most imported product in Peru. Peru imports Soybeans primarily from: United States ($101M), Bolivia ($53.3M), and Argentina ($4.33M).

The fastest growing import markets in Soybeans for Peru between 2021 and 2022 were United States ($50.2M) and Bolivia ($23M).

Latest Trends

Apr 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 Soybeans. 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)$215k
IMPORTS (2022)$158M
NET TRADE (2022)-$158M

In 2022, Peru exported $215k in Soybeans. The main destinations of Peru exports on Soybeans were South Korea ($189k), Spain ($9.67k), Cyprus ($8.09k), United States ($5.07k), and Italy ($1.51k).

In 2022, Peru imported $158M in Soybeans, mainly from United States ($101M), Bolivia ($53.3M), and Argentina ($4.33M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Peru WERE (2021 - 2022):
South Korea$189k (1.05M%)
Cyprus$8.09k (1%)
Spain$2.13k (28.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Peru WERE (2021 - 2022):
United States-$2.54k (-33.4%)
Germany-$860 (-100%)
Switzerland-$229 (-71.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Soybeans were:
In 2022, Peru's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

Explore Visualizations

Trade Value of Soybeans by Exporters

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