2022
Exports
$271MWorld Rnk 20 / 169
Flag Rnk 30 / 1148
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$56.7MWorld Rnk 37 / 217
Flag Rnk 190 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $271M in Crustaceans, making it the 20th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 30th most exported product in Peru. The main destination of Crustaceans exports from Peru are: China ($75.4M), United States ($66.6M), South Korea ($56M), Spain ($25.5M), and Canada ($19.1M).

The fastest growing export markets for Crustaceans of Peru between 2021 and 2022 were South Korea ($33.6M), China ($10.4M), and Chinese Taipei ($2.57M).

Imports In 2022, Peru imported $56.7M in Crustaceans, becoming the 37th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 190th most imported product in Peru. Peru imports Crustaceans primarily from: Argentina ($55.6M), Chile ($313k), Peru ($201k), Vietnam ($187k), and South Korea ($124k).

The fastest growing import markets in Crustaceans for Peru between 2021 and 2022 were Chile ($313k), Peru ($201k), and Vietnam ($187k).

Latest Trends

Oct 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 Crustaceans. 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)$271M
IMPORTS (2022)$56.7M
NET TRADE (2022)$215M

In 2022, Peru exported $271M in Crustaceans. The main destinations of Peru exports on Crustaceans were China ($75.4M), United States ($66.6M), South Korea ($56M), Spain ($25.5M), and Canada ($19.1M).

In 2022, Peru imported $56.7M in Crustaceans, mainly from Argentina ($55.6M), Chile ($313k), Peru ($201k), Vietnam ($187k), and South Korea ($124k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Peru WERE (2021 - 2022):
South Korea$33.6M (150%)
China$10.4M (16.1%)
Chinese Taipei$2.57M (293%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Peru WERE (2021 - 2022):
United States-$15.1M (-18.5%)
Spain-$3.45M (-11.9%)
Italy-$2.29M (-46.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Peru's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $41.3M
TOP IMPORT POTENTIALEcuador+ $11.6M

Crustaceans’s highest export potential is China. With an export gap of $41.3M.   Crustaceans’s highest import potential is Ecuador with an import gap of $11.6M.

See methodology.

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