2022
Exports
$91.8MWorld Rnk 21 / 188
Flag Rnk 39 / 96
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$25.3MWorld Rnk 51 / 212
Flag Rnk 76 / 96
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $91.8M in Natural gums, resins & other vegetable extracts, making it the 21st largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 39th most exported product in Peru. The main destination of Natural gums, resins & other vegetable extracts exports from Peru are: United States ($16.2M), Belgium ($7.85M), Japan ($7.22M), Germany ($6.79M), and China ($6.27M).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Peru between 2021 and 2022 were Japan ($5.38M), United States ($5.14M), and Argentina ($3.04M).

Imports In 2022, Peru imported $25.3M in Natural gums, resins & other vegetable extracts, becoming the 51st largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 76th most imported product in Peru. Peru imports Natural gums, resins & other vegetable extracts primarily from: China ($8.94M), Mexico ($2.87M), Spain ($2.58M), United States ($1.96M), and Germany ($1.82M).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Peru between 2021 and 2022 were Spain ($1.53M), India ($956k), and Brazil ($690k).

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 Natural gums, resins & other vegetable extracts. 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)$91.8M
IMPORTS (2022)$25.3M
NET TRADE (2022)$66.4M

In 2022, Peru exported $91.8M in Natural gums, resins & other vegetable extracts. The main destinations of Peru exports on Natural gums, resins & other vegetable extracts were United States ($16.2M), Belgium ($7.85M), Japan ($7.22M), Germany ($6.79M), and China ($6.27M).

In 2022, Peru imported $25.3M in Natural gums, resins & other vegetable extracts, mainly from China ($8.94M), Mexico ($2.87M), Spain ($2.58M), United States ($1.96M), and Germany ($1.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Japan$5.38M (293%)
United States$5.14M (46.4%)
Argentina$3.04M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Peru WERE (2021 - 2022):
Hong Kong-$1.6M (-64.3%)
Switzerland-$1.36M (-76.4%)
Netherlands-$904k (-60.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Peru's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.87M
TOP IMPORT POTENTIALChina+ $1.55M

Natural gums, resins & other vegetable extracts’s highest export potential is United States. With an export gap of $9.87M.   Natural gums, resins & other vegetable extracts’s highest import potential is China with an import gap of $1.55M.

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