2022
Exports
$17.5MWorld Rnk 99 / 212
Flag Rnk 156 / 1148
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$425MWorld Rnk 24 / 187
Flag Rnk 20 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $17.5M in Scrap Iron, making it the 99th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 156th most exported product in Peru. The main destination of Scrap Iron exports from Peru are: India ($8.62M), Netherlands ($2.16M), Chile ($990k), Bangladesh ($962k), and Chinese Taipei ($825k).

The fastest growing export markets for Scrap Iron of Peru between 2021 and 2022 were Netherlands ($1.33M), Bangladesh ($962k), and South Korea ($670k).

Imports In 2022, Peru imported $425M in Scrap Iron, becoming the 24th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 20th most imported product in Peru. Peru imports Scrap Iron primarily from: United States ($356M), Chile ($45.3M), Bolivia ($23.9M), China ($255), and Colombia ($96).

The fastest growing import markets in Scrap Iron for Peru between 2021 and 2022 were United States ($99.1M), Chile ($31.5M), and Bolivia ($7.94M).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Scrap Iron. 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)$17.5M
IMPORTS (2022)$425M
NET TRADE (2022)-$408M

In 2022, Peru exported $17.5M in Scrap Iron. The main destinations of Peru exports on Scrap Iron were India ($8.62M), Netherlands ($2.16M), Chile ($990k), Bangladesh ($962k), and Chinese Taipei ($825k).

In 2022, Peru imported $425M in Scrap Iron, mainly from United States ($356M), Chile ($45.3M), Bolivia ($23.9M), China ($255), and Colombia ($96).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Netherlands$1.33M (160%)
Bangladesh$962k (1%)
South Korea$670k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Peru WERE (2021 - 2022):
Panama-$743k (-68%)
Chile-$490k (-33.1%)
Malaysia-$401k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Scrap Iron were:
In 2022, Peru's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $6.77M
TOP IMPORT POTENTIALChina+ $6.23k

Scrap Iron’s highest export potential is India. With an export gap of $6.77M.   Scrap Iron’s highest import potential is China with an import gap of $6.23k.

See methodology.

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