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2022
Exports $121MWorld Rnk 73 / 223
Flag Rnk 34 / 96
2022
Destination $20.5M Ecuador
2021 - 2022
FASTEST GROWING MARKET $20.5MEcuador
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $1.37BWorld Rnk 61 / 226
Flag Rnk 8 / 96
2022
Origin $192MN/A
2021 - 2022
FASTEST GROWING ORIGIN $192MGermany
2022
ECONOMIC COMPLEXITY of Peru-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $121M in Pharmaceutical products, making it the 73rd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 34th most exported product in Peru. The main destination of Pharmaceutical products exports from Peru are: Ecuador ($40.8M), Bolivia ($12.9M), Peru ($9.79M), Panama ($6.4M), and Guatemala ($6.31M).

The fastest growing export markets for Pharmaceutical products of Peru between 2021 and 2022 were Ecuador ($20.5M), Peru ($9.79M), and Guatemala ($2.72M).

Imports In 2022, Peru imported $1.37B in Pharmaceutical products, becoming the 61st largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 8th most imported product in Peru. Peru imports Pharmaceutical products primarily from: N/A.

The fastest growing import markets in Pharmaceutical products for Peru between 2021 and 2022 were Germany ($192M), Belgium ($110M), and Spain ($32.7M).

Latest Trends

Aug 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 Pharmaceutical 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)$121M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$1.24B

In 2022, Peru exported $121M in Pharmaceutical products. The main destinations of Peru exports on Pharmaceutical products were Ecuador ($40.8M), Bolivia ($12.9M), Peru ($9.79M), Panama ($6.4M), and Guatemala ($6.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Ecuador$20.5M (101%)
Peru$9.79M (1%)
Guatemala$2.72M (76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Peru WERE (2021 - 2022):
Brazil-$4.72M (-89.1%)
Chile-$1.44M (-19%)
Paraguay-$760k (-47.7%)
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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 Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Peru's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $7.28M
TOP IMPORT POTENTIALUnited States+ $88.5M

Pharmaceutical products’s highest export potential is Colombia. With an export gap of $7.28M.   Pharmaceutical products’s highest import potential is United States with an import gap of $88.5M.

See methodology.

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