2022
Exports
$30.5kWorld Rnk 72 / 100
Flag Rnk 920 / 1148
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2022
Imports
$928kWorld Rnk 72 / 168
Flag Rnk 870 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $30.5k in Magnesium, making it the 72nd largest exporter of Magnesium in the world. At the same year, Magnesium was the 920th most exported product in Peru. The main destination of Magnesium exports from Peru are: Ecuador ($19.7k) and Colombia ($10.8k).

The fastest growing export markets for Magnesium of Peru between 2021 and 2022 were Ecuador ($10.9k) and Colombia ($10.8k).

Imports In 2022, Peru imported $928k in Magnesium, becoming the 72nd largest importer of Magnesium in the world. At the same year, Magnesium was the 870th most imported product in Peru. Peru imports Magnesium primarily from: China ($423k), Bulgaria ($170k), France ($95k), India ($69.3k), and United States ($44.6k).

The fastest growing import markets in Magnesium for Peru between 2021 and 2022 were China ($120k), Bulgaria ($106k), and India ($69.3k).

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 Magnesium. 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)$30.5k
IMPORTS (2022)$928k
NET TRADE (2022)-$898k

In 2022, Peru exported $30.5k in Magnesium. The main destinations of Peru exports on Magnesium were Ecuador ($19.7k) and Colombia ($10.8k).

In 2022, Peru imported $928k in Magnesium, mainly from China ($423k), Bulgaria ($170k), France ($95k), India ($69.3k), and United States ($44.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Ecuador$10.9k (123%)
Colombia$10.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Peru WERE (2021 - 2022):Chile-$46 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Peru's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $3.49k
TOP IMPORT POTENTIALChina+ $317k

Magnesium’s highest export potential is Colombia. With an export gap of $3.49k.   Magnesium’s highest import potential is China with an import gap of $317k.

See methodology.

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