2023
Exports
$23.7MWorld Rnk 47 / 158
Flag Rnk 133 / 1143
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$910MWorld Rnk 17 / 216
Flag Rnk 6 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2023, Peru exported $23.7M in Corn, making it the 47th largest exporter of Corn in the world. At the same year, Corn was the 133rd most exported product in Peru. The main destination of Corn exports from Peru are: Spain ($8.79M), United States ($7.84M), Japan ($3.28M), Netherlands ($1.46M), and China ($853k).

The fastest growing export markets for Corn of Peru between 2022 and 2023 were United States ($2.94M), Japan ($991k), and Spain ($599k).

Imports In 2023, Peru imported $910M in Corn, becoming the 17th largest importer of Corn in the world. At the same year, Corn was the 6th most imported product in Peru. Peru imports Corn primarily from: Argentina ($736M), United States ($64.9M), Paraguay ($64.6M), Brazil ($21.6M), and Mexico ($14.8M).

The fastest growing import markets in Corn for Peru between 2022 and 2023 were United States ($35M), Paraguay ($22.1M), and Brazil ($5.72M).

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 Corn. 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)$23.7M
IMPORTS (2023)$910M
NET TRADE (2023)-$887M

In 2023, Peru exported $23.7M in Corn. The main destinations of Peru exports on Corn were Spain ($8.79M), United States ($7.84M), Japan ($3.28M), Netherlands ($1.46M), and China ($853k).

In 2023, Peru imported $910M in Corn, mainly from Argentina ($736M), United States ($64.9M), Paraguay ($64.6M), Brazil ($21.6M), and Mexico ($14.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Peru WERE (2022 - 2023):
United States$2.94M (59.9%)
Japan$991k (43.3%)
Spain$599k (7.31%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Peru WERE (2022 - 2023):
Mexico-$167k (-98.4%)
Netherlands-$60.6k (-3.98%)
Colombia-$44.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Peru's main exporting competitors in Corn were:
In 2023, Peru's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.46M
TOP IMPORT POTENTIALBrazil+ $33.4M

Corn’s highest export potential is Japan. With an export gap of $2.46M.   Corn’s highest import potential is Brazil with an import gap of $33.4M.

See methodology.

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