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How dependent is Peru on China?

In 2024, China sold $16 billion to Peru, 29.2% of its imports, ranking 1st among its suppliers. Its share was 24.6% in 2019 and 3.5% in 1995. In 280 products it sells more than 50% of what Peru buys of them (in 120, more than 75%); what Peru buys from China in those products (dominated value) adds up to $9.9 billion, 18% of its imports.

Summary

Share of its imports
29.2%
Value imported
$16billion
Rank among its suppliers
1st
Products where it sells over 50%
280
Products where it sells over 75%
120
Dominated value
$9.9billion
Share of total imports
18%

Trend

Trend in shares

China went from 3.5% to 29.2% of what Peru buys

Share (%)

  • China 29.2%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952853.5%9
19962432.9%12
19972272.5%14
19982222.6%12
19992433.3%11
20002953.8%9
20013564.7%6
20024695.9%5
20036457.4%3
20047747.4%2
20051,0698.2%2
20061,5939.9%3
20072,28211.1%2
20084,09313.4%2
20093,29014.6%2
20106,20716.8%2
20116,36516.3%2
201211,69820%2
201312,82521.3%2
20148,92220.9%1
201511,41223.1%1
20168,34322.6%1
20178,95922%1
201810,17723.4%1
201910,59124.6%1
202010,60129%1
202114,65128.6%1
202215,81526.3%1
202313,76226.3%1
202415,99929.2%1

Products where China sells more than half

ProductSupplierShareSecondValue
Cameras and broadcast equipmentChina68.8%Vietnam · 15%$1.1 billion
ComputersChina74.2%Mexico · 10.9%$612 million
ToysChina96.1%over 75%Vietnam · 1.2%$502 million
Coated flat steelChina77.9%over 75%Japan · 14.8%$282 million
Monitors and projectorsChina60.7%Mexico · 33.3%$251 million
Polyethers, polyesters and epoxy resinsChina82.4%over 75%United States · 6.3%$242 million
Refrigerators, freezers and heat pumpsChina55.5%Colombia · 9.9%$191 million
Bags, suitcases and casesChina87.5%over 75%Vietnam · 3.4%$191 million
Cables and wireChina59.9%United States · 8.3%$189 million
Rubber and plastic footwearChina55.2%Vietnam · 17.3%$185 million
Hot-rolled flat steelChina75.7%over 75%Japan · 19.5%$167 million
MotorcyclesChina65.9%India · 23.6%$158 million
CranesChina87.7%over 75%Italy · 2.7%$144 million
Other iron or steel articlesChina61.3%United States · 16.3%$137 million
Lamps and light fittingsChina75%Brazil · 5.8%$126 million
Phones and telecom equipmentChina92.4%over 75%Vietnam · 1.2%$124 million
Welded steel pipesChina87.1%over 75%United States · 4.7%$120 million
Textile footwearChina51.6%Vietnam · 24.8%$118 million
Other knitted fabricChina87.6%over 75%Colombia · 3.2%$117 million
Synthetic filament fabricChina85.7%over 75%Taiwan · 3%$115 million
Transformers and power suppliesChina54.1%United States · 6.7%$112 million
Steel wire rodChina78.8%over 75%Brazil · 15.8%$104 million
Steel structuresChina64.4%Spain · 11.5%$103 million
Electric heaters and hair dryersChina80.8%over 75%Brazil · 5%$96 million
Synthetic filament yarnChina72%India · 8%$91 million
Ceramic tilesChina64.1%Spain · 13.2%$87 million
Seats and chairsChina78.8%over 75%Brazil · 2.9%$80 million
Diodes, transistors and solar cellsChina94.5%over 75%United States · 1.9%$79 million
BatteriesChina56.2%Colombia · 11.7%$78 million
Aluminum bars and profilesChina93.8%over 75%Spain · 3%$77 million

and 250 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Peru is China’s 36th-largest customer, with 0.45% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.