2023
Exports
$706kWorld Rnk 66 / 142
Flag Rnk 545 / 1143
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$127MWorld Rnk 36 / 193
Flag Rnk 78 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2023, Peru exported $706k in Soybeans, making it the 66th largest exporter of Soybeans in the world. At the same year, Soybeans was the 545th most exported product in Peru. The main destination of Soybeans exports from Peru are: South Korea ($649k), Belgium ($37.7k), United States ($8.21k), Ecuador ($7.58k), and Italy ($1.53k).

The fastest growing export markets for Soybeans of Peru between 2022 and 2023 were South Korea ($460k), Belgium ($37.7k), and Ecuador ($7.58k).

Imports In 2023, Peru imported $127M in Soybeans, becoming the 36th largest importer of Soybeans in the world. At the same year, Soybeans was the 78th most imported product in Peru. Peru imports Soybeans primarily from: United States ($59.4M), Bolivia ($34.9M), Brazil ($32.6M), and Ecuador ($8.69k).

The fastest growing import markets in Soybeans for Peru between 2022 and 2023 were Brazil ($32.6M) and Ecuador ($8.69k).

Latest Trends

Jan 2025

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 Soybeans. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$706k
IMPORTS (2023)$127M
NET TRADE (2023)-$126M

In 2023, Peru exported $706k in Soybeans. The main destinations of Peru exports on Soybeans were South Korea ($649k), Belgium ($37.7k), United States ($8.21k), Ecuador ($7.58k), and Italy ($1.53k).

In 2023, Peru imported $127M in Soybeans, mainly from United States ($59.4M), Bolivia ($34.9M), Brazil ($32.6M), and Ecuador ($8.69k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Peru WERE (2022 - 2023):
South Korea$460k (243%)
Belgium$37.7k (1%)
Ecuador$7.58k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Peru WERE (2022 - 2023):
Cyprus-$8.09k (-100%)
Spain-$5.89k (-93.7%)
France-$511 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Peru's main exporting competitors in Soybeans were:
In 2023, Peru's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

Explore Visualizations

Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $78.7k
TOP IMPORT POTENTIALUnited States+ $8.63M

Soybeans’s highest export potential is South Korea. With an export gap of $78.7k.   Soybeans’s highest import potential is United States with an import gap of $8.63M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with