2022
Exports
$71.5kWorld Rnk 63 / 168
Flag Rnk 849 / 1148
2022
PRODUCT COMPLEXITY IN String Instruments
0.51Rnk 362 / 1025
2022
Imports
$4.2MWorld Rnk 41 / 209
Flag Rnk 671 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $71.5k in String Instruments, making it the 63rd largest exporter of String Instruments in the world. At the same year, String Instruments was the 849th most exported product in Peru. The main destination of String Instruments exports from Peru are: Spain ($22k), Chile ($16.2k), Colombia ($11.1k), United States ($5.83k), and Ecuador ($3.43k).

The fastest growing export markets for String Instruments of Peru between 2021 and 2022 were Chile ($13.7k), Spain ($12.6k), and Colombia ($11.1k).

Imports In 2022, Peru imported $4.2M in String Instruments, becoming the 41st largest importer of String Instruments in the world. At the same year, String Instruments was the 671st most imported product in Peru. Peru imports String Instruments primarily from: China ($3.46M), Chile ($279k), Indonesia ($221k), United States ($121k), and Japan ($37.5k).

The fastest growing import markets in String Instruments for Peru between 2021 and 2022 were Chile ($140k), Japan ($20.4k), and Mexico ($11.1k).

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 String Instruments. 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)$71.5k
IMPORTS (2022)$4.2M
NET TRADE (2022)-$4.12M

In 2022, Peru exported $71.5k in String Instruments. The main destinations of Peru exports on String Instruments were Spain ($22k), Chile ($16.2k), Colombia ($11.1k), United States ($5.83k), and Ecuador ($3.43k).

In 2022, Peru imported $4.2M in String Instruments, mainly from China ($3.46M), Chile ($279k), Indonesia ($221k), United States ($121k), and Japan ($37.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Chile$13.7k (562%)
Spain$12.6k (133%)
Colombia$11.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Peru WERE (2021 - 2022):
Costa Rica-$803 (-37.4%)
Poland-$367 (-69.6%)
Finland-$355 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.7k
TOP IMPORT POTENTIALUnited States+ $113k

String Instruments’s highest export potential is United States. With an export gap of $15.7k.   String Instruments’s highest import potential is United States with an import gap of $113k.

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