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Who buys Peru’s fishmeal? Export destinations 2024

In 2024, Peru exported $1.6 billion of fishmeal (962 thousand tonnes), 25.9% of the world total. China bought 87% of the total, followed by Japan (4%) and Hong Kong (3%). Peru was the world’s largest exporter of fishmeal.

Summary

Value
$1.6billion
Tonnes
962thousand tonnes
Share of world total
25.9%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.4Tonnes: 834,536USD per tonne: $1,67486.9%Sea
Japan0.06Tonnes: 34,698USD per tonne: $1,7723.8%Sea
Hong Kong re-exports0.04Tonnes: 24,105USD per tonne: $1,7072.6%Sea
Ecuador0.03Tonnes: 20,567USD per tonne: $1,5372%Land
Taiwan0.02Tonnes: 10,050USD per tonne: $1,6731.1%Sea
Vietnam0.02Tonnes: 10,012USD per tonne: $1,6151%Sea
Spain0.01Tonnes: 5,480USD per tonne: $1,3640.47%Sea
Germany0.01Tonnes: 2,979USD per tonne: $1,7450.32%Sea
Chile0.01Tonnes: 2,796USD per tonne: $1,8150.32%Land
South Korea< 0.01Tonnes: 3,130USD per tonne: $1,5020.29%Sea
Australia< 0.01Tonnes: 2,775USD per tonne: $1,6600.29%Sea
Norway< 0.01Tonnes: 2,103USD per tonne: $2,0620.27%Sea
Denmark< 0.01Tonnes: 2,494USD per tonne: $1,4400.22%Sea
Colombia< 0.01Tonnes: 1,001USD per tonne: $1,6110.1%Land
Mexico< 0.01Tonnes: 687USD per tonne: $1,9910.09%Sea
Turkey< 0.01Tonnes: 1,131USD per tonne: $1,0750.08%Sea
Canada< 0.01Tonnes: 397USD per tonne: $1,9460.05%Sea
Indonesia< 0.01Tonnes: 367USD per tonne: $1,7450.04%Sea
Guatemala< 0.01Tonnes: 544USD per tonne: $1,0140.03%Sea
New Caledonia< 0.01Tonnes: 262USD per tonne: $1,8970.03%Sea

Trend

Who it sells to

China was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • China 1.4
  • Japan 0.06
  • Hong Kong 0.04
  • Ecuador 0.03
  • Taiwan 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
China0.241.4
Japan0.040.06
Hong Kong< 0.010.04
Ecuador< 0.010.03
Taiwan0.040.02

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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