2022
Exports
$509MWorld Rnk 49 / 149
Flag Rnk 21 / 1148
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$2.1BWorld Rnk 48 / 158
Flag Rnk 2 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $509M in Crude Petroleum, making it the 49th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 21st most exported product in Peru. The main destination of Crude Petroleum exports from Peru are: Brazil ($259M), United States ($250M), Netherlands ($255), Sweden ($170), and Ecuador ($10).

The fastest growing export markets for Crude Petroleum of Peru between 2021 and 2022 were Brazil ($212M), United States ($42M), and Netherlands ($212).

Imports In 2022, Peru imported $2.1B in Crude Petroleum, becoming the 48th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Peru. Peru imports Crude Petroleum primarily from: United States ($679M), Brazil ($654M), Ecuador ($442M), Nigeria ($282M), and Argentina ($38.4M).

The fastest growing import markets in Crude Petroleum for Peru between 2021 and 2022 were Ecuador ($299M), United States ($191M), and Argentina ($38.4M).

Latest Trends

Aug 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 Crude 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 (2022)$509M
IMPORTS (2022)$2.1B
NET TRADE (2022)-$1.59B

In 2022, Peru exported $509M in Crude Petroleum. The main destinations of Peru exports on Crude Petroleum were Brazil ($259M), United States ($250M), Netherlands ($255), Sweden ($170), and Ecuador ($10).

In 2022, Peru imported $2.1B in Crude Petroleum, mainly from United States ($679M), Brazil ($654M), Ecuador ($442M), Nigeria ($282M), and Argentina ($38.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Brazil$212M (454%)
United States$42M (20.2%)
Netherlands$212 (493%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Peru WERE (2021 - 2022):
Chile-$35.5M (-100%)
Colombia-$121 (-100%)
Canada-$43 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Crude Petroleum were:
In 2022, Peru's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $187M
TOP IMPORT POTENTIALBrazil+ $155M

Crude Petroleum’s highest export potential is United States. With an export gap of $187M.   Crude Petroleum’s highest import potential is Brazil with an import gap of $155M.

See methodology.

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