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2022
Exports $863kWorld Rnk 75 / 195
Flag Rnk 525 / 1148
2022
Destination $184k Paraguay
2021 - 2022
FASTEST GROWING MARKET $184kParaguay
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $57.6MWorld Rnk 43 / 224
Flag Rnk 186 / 1183
2022
Origin $14M United States
2021 - 2022
FASTEST GROWING ORIGIN $14MUnited States
2022
ECONOMIC COMPLEXITY of Peru-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $863k in Lubricating Products, making it the 75th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 525th most exported product in Peru. The main destination of Lubricating Products exports from Peru are: Paraguay ($334k), Colombia ($228k), Ecuador ($83.7k), Uruguay ($64k), and Chile ($39.9k).

The fastest growing export markets for Lubricating Products of Peru between 2021 and 2022 were Paraguay ($184k), Colombia ($178k), and Uruguay ($61k).

Imports In 2022, Peru imported $57.6M in Lubricating Products, becoming the 43rd largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 186th most imported product in Peru. Peru imports Lubricating Products primarily from: United States ($31.9M), France ($6.51M), Chile ($4.45M), Germany ($4.32M), and Spain ($2.17M).

The fastest growing import markets in Lubricating Products for Peru between 2021 and 2022 were United States ($14M), Spain ($829k), and Argentina ($311k).

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 Lubricating Products. 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)$863k
IMPORTS (2022)$57.6M
NET TRADE (2022)-$56.8M

In 2022, Peru exported $863k in Lubricating Products. The main destinations of Peru exports on Lubricating Products were Paraguay ($334k), Colombia ($228k), Ecuador ($83.7k), Uruguay ($64k), and Chile ($39.9k).

In 2022, Peru imported $57.6M in Lubricating Products, mainly from United States ($31.9M), France ($6.51M), Chile ($4.45M), Germany ($4.32M), and Spain ($2.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Paraguay$184k (123%)
Colombia$178k (356%)
Uruguay$61k (2.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Peru WERE (2021 - 2022):
Bolivia-$30.1k (-46.6%)
Chile-$13.6k (-25.5%)
United States-$10.4k (-99.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Peru's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $125k
TOP IMPORT POTENTIALGermany+ $2.32M

Lubricating Products’s highest export potential is Colombia. With an export gap of $125k.   Lubricating Products’s highest import potential is Germany with an import gap of $2.32M.

See methodology.

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