2022
Exports
$78MWorld Rnk 12 / 194
Flag Rnk 68 / 1148
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$2.75MWorld Rnk 98 / 223
Flag Rnk 737 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $78M in Spices, making it the 12th largest exporter of Spices in the world. At the same year, Spices was the 68th most exported product in Peru. The main destination of Spices exports from Peru are: United States ($31.3M), Netherlands ($16.9M), Canada ($8.28M), Spain ($3.85M), and South Korea ($3.64M).

The fastest growing export markets for Spices of Peru between 2021 and 2022 were Canada ($3.67M), South Korea ($2.15M), and Poland ($415k).

Imports In 2022, Peru imported $2.75M in Spices, becoming the 98th largest importer of Spices in the world. At the same year, Spices was the 737th most imported product in Peru. Peru imports Spices primarily from: United States ($918k), Spain ($856k), China ($271k), Turkey ($234k), and Germany ($220k).

The fastest growing import markets in Spices for Peru between 2021 and 2022 were China ($173k), Peru ($80.9k), and Netherlands ($41.7k).

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 Spices. 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)$78M
IMPORTS (2022)$2.75M
NET TRADE (2022)$75.3M

In 2022, Peru exported $78M in Spices. The main destinations of Peru exports on Spices were United States ($31.3M), Netherlands ($16.9M), Canada ($8.28M), Spain ($3.85M), and South Korea ($3.64M).

In 2022, Peru imported $2.75M in Spices, mainly from United States ($918k), Spain ($856k), China ($271k), Turkey ($234k), and Germany ($220k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Canada$3.67M (79.4%)
South Korea$2.15M (145%)
Poland$415k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Peru WERE (2021 - 2022):
Netherlands-$8.67M (-34%)
United States-$7.68M (-19.7%)
Russia-$2.38M (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Spices were:
In 2022, Peru's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.53M
TOP IMPORT POTENTIALChina+ $233k

Spices’s highest export potential is Germany. With an export gap of $1.53M.   Spices’s highest import potential is China with an import gap of $233k.

See methodology.

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