2022
Exports
$541MWorld Rnk 24 / 226
Flag Rnk 20 / 1148
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$111MWorld Rnk 58 / 223
Flag Rnk 99 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $541M in Knit T-shirts, making it the 24th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 20th most exported product in Peru. The main destination of Knit T-shirts exports from Peru are: United States ($372M), Canada ($37.3M), Brazil ($25.2M), Chile ($18M), and Germany ($17.4M).

The fastest growing export markets for Knit T-shirts of Peru between 2021 and 2022 were Germany ($7.53M), China ($4.78M), and France ($3.07M).

Imports In 2022, Peru imported $111M in Knit T-shirts, becoming the 58th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 99th most imported product in Peru. Peru imports Knit T-shirts primarily from: China ($40.9M), Bangladesh ($26M), Chile ($6.81M), India ($6.23M), and Colombia ($4.65M).

The fastest growing import markets in Knit T-shirts for Peru between 2021 and 2022 were China ($7.93M), Bangladesh ($7.83M), and India ($2.48M).

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 Knit T-shirts. 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)$541M
IMPORTS (2022)$111M
NET TRADE (2022)$430M

In 2022, Peru exported $541M in Knit T-shirts. The main destinations of Peru exports on Knit T-shirts were United States ($372M), Canada ($37.3M), Brazil ($25.2M), Chile ($18M), and Germany ($17.4M).

In 2022, Peru imported $111M in Knit T-shirts, mainly from China ($40.9M), Bangladesh ($26M), Chile ($6.81M), India ($6.23M), and Colombia ($4.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Germany$7.53M (76.2%)
China$4.78M (105%)
France$3.07M (68.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Peru WERE (2021 - 2022):
United States-$7.98M (-2.1%)
Russia-$1.3M (-100%)
Costa Rica-$698k (-33.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Knit T-shirts were:
In 2022, Peru's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.5M
TOP IMPORT POTENTIALBangladesh+ $12.4M

Knit T-shirts’s highest export potential is United States. With an export gap of $29.5M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $12.4M.

See methodology.

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