2022
Exports
$1.62MWorld Rnk 46 / 153
Flag Rnk 424 / 1148
2022
PRODUCT COMPLEXITY IN Friction Material
0.27Rnk 464 / 1025
2022
Imports
$3.86MWorld Rnk 60 / 211
Flag Rnk 685 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $1.62M in Friction Material, making it the 46th largest exporter of Friction Material in the world. At the same year, Friction Material was the 424th most exported product in Peru. The main destination of Friction Material exports from Peru are: United States ($568k), United Kingdom ($140k), Panama ($140k), Italy ($134k), and South Africa ($104k).

The fastest growing export markets for Friction Material of Peru between 2021 and 2022 were Panama ($120k), Spain ($71.9k), and South Africa ($47.4k).

Imports In 2022, Peru imported $3.86M in Friction Material, becoming the 60th largest importer of Friction Material in the world. At the same year, Friction Material was the 685th most imported product in Peru. Peru imports Friction Material primarily from: Colombia ($1.59M), Bolivia ($509k), Brazil ($452k), United States ($350k), and Japan ($317k).

The fastest growing import markets in Friction Material for Peru between 2021 and 2022 were Colombia ($812k), United States ($123k), and Brazil ($119k).

Latest Trends

Jul 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 Friction Material. 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)$1.62M
IMPORTS (2022)$3.86M
NET TRADE (2022)-$2.23M

In 2022, Peru exported $1.62M in Friction Material. The main destinations of Peru exports on Friction Material were United States ($568k), United Kingdom ($140k), Panama ($140k), Italy ($134k), and South Africa ($104k).

In 2022, Peru imported $3.86M in Friction Material, mainly from Colombia ($1.59M), Bolivia ($509k), Brazil ($452k), United States ($350k), and Japan ($317k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Panama$120k (621%)
Spain$71.9k (1%)
South Africa$47.4k (83.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Peru WERE (2021 - 2022):
Colombia-$571k (-89%)
Ecuador-$138k (-81.2%)
United States-$121k (-17.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Friction Material were:
In 2022, Peru's main importing competitors in Friction Material were:

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $263k
TOP IMPORT POTENTIALBrazil+ $382k

Friction Material’s highest export potential is United States. With an export gap of $263k.   Friction Material’s highest import potential is Brazil with an import gap of $382k.

See methodology.

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