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Peru trade in 2024

In 2024, Peru exported $76.8 billion and imported $54.7 billion, a trade surplus of $22.1 billion. It was the world's 47th-largest exporter, with 0.34% of world exports. Its top export was copper ore (26.8% of the total) and its main trading partner was China (31.4% of its trade).

Summary

Exports
$76.8billion
Imports
$54.7billion
Trade balance
+$22.1billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Copper ore (26.8%) and gold (17.1%) together make up 43.9% of its exports.

  1. Copper ore$20.6 billion · 26.8%
    Main partner: China
  2. Gold$13.1 billion · 17.1%
    Main partner: India
  3. Other fresh fruit (berries, kiwi)$2.6 billion · 3.4%
    Main partner: United States
  4. Refined copper$2.5 billion · 3.3%
    Main partner: China
  5. Precious metal ore$2.3 billion · 3%
    Main partner: China
  6. Refined petroleum$2.1 billion · 2.7%
    Main partner: Japan
  7. Avocados, mangoes, pineapples and dates$2 billion · 2.6%
    Main partner: Netherlands
  8. Zinc ore$1.9 billion · 2.5%
    Main partner: China
  9. Iron ore$1.9 billion · 2.4%
    Main partner: China
  10. Natural gas and LPG$1.8 billion · 2.3%
    Main partner: South Korea

What it imports

Refined petroleum (8.5%) and crude petroleum (6.6%) together make up 15.1% of its imports.

  1. Refined petroleum$4.6 billion · 8.5%
    Main partner: United States
  2. Crude petroleum$3.6 billion · 6.6%
    Main partner: Ecuador
  3. Cameras and broadcast equipment$1.7 billion · 3%
    Main partner: China
  4. Cars$1.6 billion · 2.9%
    Main partner: China
  5. Trucks$1.5 billion · 2.8%
    Main partner: China
  6. Corn$969 million · 1.8%
    Main partner: Argentina
  7. Bulldozers and excavators$831 million · 1.5%
    Main partner: China
  8. Computers$824 million · 1.5%
    Main partner: China
  9. New tires$666 million · 1.2%
    Main partner: China
  10. Wheat$648 million · 1.2%
    Main partner: Canada
By Harmonized System chapter (96)
ChapterExportsImports
26 · Ores and slag$29.4 billion$443 million
71 · Gems and precious metals$13.7 billion$115 million
08 · Fruit and nuts$7.3 billion$135 million
27 · Oil, gas and coal$4.3 billion$8.7 billion
74 · Copper$3.7 billion$83 million
23 · Animal feed and food waste$1.9 billion$894 million
09 · Coffee, tea and spices$1.5 billion$68 million
18 · Cocoa and chocolate$1.2 billion$123 million
61 · Knitted clothing$1.2 billion$462 million
03 · Fish and seafood$1.1 billion$165 million
15 · Fats and oils$941 million$723 million
80 · Tin$930 million$528 thousand
79 · Zinc$896 million$4 million
07 · Vegetables$890 million$134 million
20 · Preserved fruit and vegetables$780 million$136 million
39 · Plastics$700 million$2.6 billion
25 · Salt, stone and cement$695 million$182 million
28 · Inorganic chemicals$501 million$602 million
84 · Mechanical machinery$401 million$7.1 billion
12 · Oilseeds and grains$323 million$245 million
19 · Baked goods and cereal products$296 million$177 million
16 · Prepared meat and fish$270 million$130 million
32 · Dyes, paints and tanning agents$263 million$360 million
51 · Wool$258 million$26 million
33 · Perfumes and cosmetics$231 million$679 million
72 · Iron and steel$198 million$1.9 billion
10 · Cereals$184 million$1.8 billion
21 · Food preparations$181 million$421 million
48 · Paper and paperboard$157 million$785 million
70 · Glass$146 million$233 million
22 · Beverages and spirits$144 million$337 million
85 · Electrical and electronic equipment$138 million$4.7 billion
73 · Iron and steel products$132 million$1.2 billion
17 · Sugar and sweets$117 million$287 million
30 · Pharmaceuticals$113 million$1.1 billion
69 · Ceramics$110 million$287 million
36 · Explosives and matches$101 million$135 million
40 · Rubber$92 million$1 billion
44 · Wood$86 million$350 million
60 · Knitted fabric$85 million$172 million
76 · Aluminum$81 million$300 million
56 · Felt, nonwovens and rope$74 million$85 million
62 · Woven clothing$70 million$471 million
38 · Miscellaneous chemicals$65 million$972 million
34 · Soap and cleaning products$64 million$412 million
87 · Vehicles$62 million$4.7 billion
04 · Dairy, eggs and honey$56 million$327 million
14 · Other plant products$54 million$53 million
55 · Synthetic staple fibers$54 million$235 million
83 · Miscellaneous metal goods$53 million$223 million
49 · Books and printed matter$48 million$104 million
31 · Fertilizers$45 million$891 million
06 · Live plants and flowers$43 million$35 million
96 · Other manufactured goods$31 million$202 million
11 · Milling products and malt$29 million$106 million
52 · Cotton$26 million$367 million
13 · Gums and plant extracts$26 million$26 million
90 · Precision and medical instruments$26 million$1.1 billion
63 · Home textiles and used clothing$25 million$180 million
29 · Organic chemicals$25 million$768 million
64 · Footwear$25 million$680 million
94 · Furniture and lighting$21 million$475 million
95 · Toys and sports gear$17 million$712 million
78 · Lead$15 million$11 million
68 · Stone, plaster and cement articles$14 million$95 million
82 · Tools and cutlery$13 million$315 million
89 · Ships and boats$11 million$60 million
41 · Hides and leather$11 million$5 million
91 · Watches and clocks$11 million$49 million
54 · Synthetic filaments$11 million$278 million
42 · Leather goods and bags$9 million$235 million
65 · Hats$8 million$41 million
97 · Art and antiques$8 million$1 million
05 · Other animal products$7 million$37 million
01 · Live animals$7 million$27 million
93 · Weapons and ammunition$6 million$13 million
43 · Fur and fur goods$6 million$146 thousand
02 · Meat and offal$5 million$306 million
81 · Other base metals$4 million$6 million
24 · Tobacco$4 million$15 million
35 · Glues, starches and enzymes$4 million$151 million
58 · Special fabrics and lace$4 million$43 million
59 · Coated and technical textiles$3 million$106 million
86 · Railway equipment$3 million$101 million
88 · Aircraft and spacecraft$3 million$50 million
57 · Carpets and rugs$2 million$35 million
47 · Wood pulp$2 million$158 million
46 · Wicker and basketware$951 thousand$2 million
92 · Musical instruments$892 thousand$30 million
50 · Silk$720 thousand$7 million
37 · Photographic goods$661 thousand$29 million
67 · Feathers and artificial flowers$509 thousand$17 million
53 · Other plant fibers$391 thousand$16 million
75 · Nickel$307 thousand$7 million
45 · Cork$114 thousand$5 million
66 · Umbrellas and canes$93 thousand$9 million

Trading partners

China is its main destination (32.9% of exports) and source (29.2% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China25.332.9%Sea
United States9.912.9%Sea
India4.76.1%Air
Canada4.15.3%Air
Japan3.24.2%Sea
Switzerland3.14%Air
South Korea2.33%Sea
Netherlands2.22.9%Sea
Spain2.12.7%Sea
Chile2.12.7%Land

Who it buys from

PartnerValue (USD billions)ShareMode
China1629.2%Sea
United States10.218.6%Sea
Brazil3.36.1%Land
Argentina2.74.8%Sea
Mexico1.73%Sea
Ecuador1.52.8%Land
Canada1.42.6%Sea
Chile1.42.6%Land
Colombia1.42.6%Land
India1.22.2%Sea

Overview 1995–2024

In 2024, Peru accounted for 0.34% of world exports, compared with 0.12% in 1995.

Exports and imports

Exports grew 13-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 76.8
  • Imports 54.7
  • Balance +22.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$5.9 billion$8.2 billion-$2.3 billion
1996$6.4 billion$8.5 billion-$2.1 billion
1997$7.5 billion$9.1 billion-$1.6 billion
1998$6.2 billion$8.7 billion-$2.5 billion
1999$6.6 billion$7.3 billion-$743 million
2000$7.4 billion$7.7 billion-$312 million
2001$7.4 billion$7.6 billion-$179 million
2002$8.3 billion$7.9 billion$400 million
2003$9.6 billion$8.8 billion$848 million
2004$13.4 billion$10.4 billion$2.9 billion
2005$18.2 billion$13 billion$5.2 billion
2006$25 billion$16.1 billion$8.9 billion
2007$29.6 billion$20.6 billion$9.1 billion
2008$33.3 billion$30.5 billion$2.8 billion
2009$28.2 billion$22.5 billion$5.8 billion
2010$38.6 billion$36.9 billion$1.7 billion
2011$47.9 billion$39.1 billion$8.7 billion
2012$52 billion$58.5 billion-$6.5 billion
2013$48 billion$60.2 billion-$12.2 billion
2014$40.7 billion$42.8 billion-$2.1 billion
2015$37.4 billion$49.4 billion-$12 billion
2016$38.4 billion$36.9 billion$1.5 billion
2017$46.1 billion$40.7 billion$5.4 billion
2018$49.3 billion$43.5 billion$5.8 billion
2019$48.5 billion$43 billion$5.5 billion
2020$42.5 billion$36.6 billion$5.9 billion
2021$59 billion$51.3 billion$7.7 billion
2022$63.1 billion$60.2 billion$2.9 billion
2023$67.1 billion$52.3 billion$14.8 billion
2024$76.8 billion$54.7 billion$22.1 billion

World rank

Peru rose from 61st to 47th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 61st in 1995
  • 47th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199561st
199661st
199760th
199863rd
199964th
200065th
200165th
200266th
200368th
200464th
200559th
200659th
200758th
200861st
200959th
201058th
201157th
201258th
201358th
201459th
201557th
201653rd
201753rd
201853rd
201952nd
202052nd
202152nd
202254th
202351st
202447th

What it sells

Ores and slag became its top export group: from 16% to 38%

% of exports by Harmonized System chapter.

  • Other 18%
  • Cocoa and chocolate 2%
  • Coffee, tea and spices 2%
  • Animal feed and food waste 2%
  • Copper 5%
  • Oil, gas and coal 6%
  • Fruit and nuts 9%
  • Gems and precious metals 18%
  • Ores and slag 38%

Source: CEPII BACI

Show the numbers
Chapter19952024
Ores and slag16.3%38.3%
Gems and precious metals12.5%17.8%
Fruit and nuts0.36%9.5%
Oil, gas and coal4.2%5.6%
Copper17.6%4.8%
Animal feed and food waste13.6%2.4%
Coffee, tea and spices5.3%1.9%
Cocoa and chocolate0.42%1.6%
Other29.9%18%

Who it trades with

China went from 5% to 31% of Peru's trade

% of total trade (exports + imports) with each partner.

  • China 31%
  • United States 15%
  • India 4%
  • Canada 4%
  • Brazil 4%

Source: CEPII BACI

Show the numbers
Partner19952024
China4.7%31.4%
United States22.4%15.2%
India0.31%4.5%
Canada2.3%4.2%
Brazil4.8%3.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Ucayali basinOil and gas · 2.8 Mt CO₂e
  • Kallpa power stationPower · 2.3 Mt CO₂e
  • Chilca power stationPower · 1.8 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Lima$277.1 billion (PPP, 2021 dollars)
  • Arequipa$23.5 billion (PPP, 2021 dollars)
  • Trujillo$17.5 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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