2018
Exports
$26.3MWorld Rnk 42 / 185
Flag Rnk 128 / 1148
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2018
Imports
$492MWorld Rnk 28 / 222
Flag Rnk 16 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2018, Peru exported $26.3M in Large Construction Vehicles, making it the 42nd largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 128th most exported product in Peru. The main destination of Large Construction Vehicles exports from Peru are: Mexico ($8.95M), Ecuador ($3.57M), United States ($2.79M), Bolivia ($2.53M), and Australia ($1.82M).

The fastest growing export markets for Large Construction Vehicles of Peru between 2021 and 2022 were Mexico ($5.84M), Ecuador ($3.05M), and United States ($2.09M).

Imports In 2022, Peru imported $492M in Large Construction Vehicles, becoming the 28th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 16th most imported product in Peru. Peru imports Large Construction Vehicles primarily from: China ($97.1M), Brazil ($87.9M), United States ($76.2M), Japan ($47.7M), and Thailand ($42.6M).

The fastest growing import markets in Large Construction Vehicles for Peru between 2021 and 2022 were Thailand ($18.9M), Japan ($14.9M), and Indonesia ($7.48M).

COMPANIES In 2023, leading companies such as CNH Industrial (1) were at the forefront of shipping Large Construction Vehicles from Peru to the United States.

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 Large Construction Vehicles. 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)$26.3M
IMPORTS (2022)$492M
NET TRADE (2022)-$465M

In 2022, Peru exported $26.3M in Large Construction Vehicles. The main destinations of Peru exports on Large Construction Vehicles were Mexico ($8.95M), Ecuador ($3.57M), United States ($2.79M), Bolivia ($2.53M), and Australia ($1.82M).

In 2022, Peru imported $492M in Large Construction Vehicles, mainly from China ($97.1M), Brazil ($87.9M), United States ($76.2M), Japan ($47.7M), and Thailand ($42.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Mexico$5.84M (188%)
Ecuador$3.05M (581%)
United States$2.09M (297%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Peru WERE (2021 - 2022):
Colombia-$1.13M (-60.9%)
Brazil-$864k (-59.1%)
Spain-$840k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Large Construction Vehicles were:
In 2022, Peru's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.54M
TOP IMPORT POTENTIALBrazil+ $21.6M

Large Construction Vehicles’s highest export potential is United States. With an export gap of $4.54M.   Large Construction Vehicles’s highest import potential is Brazil with an import gap of $21.6M.

See methodology.

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