2018
Exports
$176MWorld Rnk 21 / 175
Flag Rnk 40 / 1148
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2018
Imports
$11.3MWorld Rnk 61 / 224
Flag Rnk 485 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2018, Peru exported $176M in Processed Crustaceans, making it the 21st largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 40th most exported product in Peru. The main destination of Processed Crustaceans exports from Peru are: South Korea ($86.9M), China ($37.3M), United States ($13.2M), Japan ($10.2M), and Italy ($5.91M).

The fastest growing export markets for Processed Crustaceans of Peru between 2021 and 2022 were South Korea ($37M), Japan ($6.28M), and Hong Kong ($467k).

Imports In 2022, Peru imported $11.3M in Processed Crustaceans, becoming the 61st largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 485th most imported product in Peru. Peru imports Processed Crustaceans primarily from: Ecuador ($7.95M), Chile ($917k), Singapore ($666k), United States ($369k), and Philippines ($329k).

The fastest growing import markets in Processed Crustaceans for Peru between 2021 and 2022 were Ecuador ($3.39M), Singapore ($666k), and Chile ($387k).

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 Processed Crustaceans. 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)$176M
IMPORTS (2022)$11.3M
NET TRADE (2022)$165M

In 2022, Peru exported $176M in Processed Crustaceans. The main destinations of Peru exports on Processed Crustaceans were South Korea ($86.9M), China ($37.3M), United States ($13.2M), Japan ($10.2M), and Italy ($5.91M).

In 2022, Peru imported $11.3M in Processed Crustaceans, mainly from Ecuador ($7.95M), Chile ($917k), Singapore ($666k), United States ($369k), and Philippines ($329k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Peru WERE (2021 - 2022):
South Korea$37M (74%)
Japan$6.28M (158%)
Hong Kong$467k (291%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Peru WERE (2021 - 2022):
United States-$38.8M (-74.7%)
China-$28.1M (-43%)
Spain-$27.1M (-85.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Peru's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14M
TOP IMPORT POTENTIALChile+ $398k

Processed Crustaceans’s highest export potential is United States. With an export gap of $14M.   Processed Crustaceans’s highest import potential is Chile with an import gap of $398k.

See methodology.

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