2023
Exports
$40.5MWorld Rnk 41 / 174
Flag Rnk 98 / 1143
2023
PRODUCT COMPLEXITY IN Concentrated Milk
-0.8Rnk 783 / 1025
2023
Imports
$207MWorld Rnk 34 / 222
Flag Rnk 47 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2023, Peru exported $40.5M in Concentrated Milk, making it the 41st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 98th most exported product in Peru. The main destination of Concentrated Milk exports from Peru are: Dominican Republic ($8.48M), Bolivia ($7.07M), United States ($6.74M), Chile ($4.63M), and Bahamas ($3.18M).

The fastest growing export markets for Concentrated Milk of Peru between 2022 and 2023 were Dominican Republic ($3.75M), United States ($2.11M), and Chile ($2.09M).

Imports In 2023, Peru imported $207M in Concentrated Milk, becoming the 34th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 47th most imported product in Peru. Peru imports Concentrated Milk primarily from: United States ($92.3M), New Zealand ($31.5M), Belgium ($20.8M), United Kingdom ($18.7M), and Argentina ($15M).

The fastest growing import markets in Concentrated Milk for Peru between 2022 and 2023 were Belgium ($12.1M), United Kingdom ($6.53M), and Netherlands ($2.81M).

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 Concentrated Milk. 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)$40.5M
IMPORTS (2023)$207M
NET TRADE (2023)-$166M

In 2023, Peru exported $40.5M in Concentrated Milk. The main destinations of Peru exports on Concentrated Milk were Dominican Republic ($8.48M), Bolivia ($7.07M), United States ($6.74M), Chile ($4.63M), and Bahamas ($3.18M).

In 2023, Peru imported $207M in Concentrated Milk, mainly from United States ($92.3M), New Zealand ($31.5M), Belgium ($20.8M), United Kingdom ($18.7M), and Argentina ($15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Peru WERE (2022 - 2023):
Dominican Republic$3.75M (79.2%)
United States$2.11M (45.4%)
Chile$2.09M (82.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Peru WERE (2022 - 2023):
Libya-$490k (-100%)
Trinidad and Tobago-$275k (-20%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Peru's main exporting competitors in Concentrated Milk were:
In 2023, Peru's main importing competitors in Concentrated Milk were:

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.41M
TOP IMPORT POTENTIALNew Zealand+ $4.04M

Concentrated Milk’s highest export potential is United States. With an export gap of $1.41M.   Concentrated Milk’s highest import potential is New Zealand with an import gap of $4.04M.

See methodology.

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