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Trade between Canada and Peru

In 2024, Canada exported $1.4 billion to Peru and imported $4.1 billion. Canada ran a deficit of $2.7 billion with Peru, compared with a deficit of $1.9 billion in 2019. Peru was Canada’s 17th largest trading partner (0.5% of its trade), and Canada was Peru’s 4th (4%).

Summary

Canada → Peru
$1.4billion
Peru → Canada
$4.1billion
Canada’s balance
-$2.7billion

Balance

Canada’s trade balance with Peru

Trade between Canada and Peru grew 17.3-fold since 1995

USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.4
  • Imports 4.1
  • Balance -2.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$168 million$150 million$18 million
1996$227 million$163 million$65 million
1997$303 million$137 million$166 million
1998$222 million$143 million$80 million
1999$187 million$115 million$72 million
2000$224 million$133 million$91 million
2001$153 million$160 million-$6 million
2002$129 million$169 million-$40 million
2003$118 million$172 million-$54 million
2004$197 million$343 million-$146 million
2005$225 million$1.1 billion-$856 million
2006$301 million$1.7 billion-$1.4 billion
2007$353 million$1.9 billion-$1.6 billion
2008$406 million$2.2 billion-$1.8 billion
2009$418 million$2.4 billion-$2 billion
2010$572 million$3.5 billion-$2.9 billion
2011$590 million$4.4 billion-$3.8 billion
2012$779 million$3.6 billion-$2.8 billion
2013$767 million$2.9 billion-$2.2 billion
2014$865 million$2.7 billion-$1.8 billion
2015$881 million$2.5 billion-$1.6 billion
2016$718 million$1.8 billion-$1.1 billion
2017$652 million$1.3 billion-$641 million
2018$716 million$1 billion-$300 million
2019$673 million$2.6 billion-$1.9 billion
2020$830 million$2.6 billion-$1.7 billion
2021$916 million$2.9 billion-$2 billion
2022$1.1 billion$3 billion-$1.8 billion
2023$1.2 billion$3.2 billion-$2 billion
2024$1.4 billion$4.1 billion-$2.7 billion

What they sell each other

What Canada sells to Peru

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$581 million · 41.2%
    742 thousand tonnes · Canada’s destinations
  2. Wheat$503 million · 35.7%
    1.6 million tonnes · Canada’s destinations
  3. 55 thousand tonnes · Canada’s destinations
  4. Potash fertilizers$18 million · 1.3%
    55 thousand tonnes
  5. Oats$14 million · 0.99%
    43 thousand tonnes
  6. Polyethylene$12 million · 0.84%
    10 thousand tonnes · Canada’s destinations
  7. Newsprint$11 million · 0.8%
    20 thousand tonnes
  8. 536 tonnes
  9. 827 tonnes
  10. 1 thousand tonnes

What Peru sells to Canada

The top 10 headings in 2024, with their share of the total.

  1. Gold$3.1 billion · 76%
    136 tonnes · Peru’s destinations
  2. Zinc ore$113 million · 2.8%
    103 thousand tonnes · Peru’s destinations
  3. Coffee$104 million · 2.5%
    19 thousand tonnes · Canada’s sources
  4. Natural gas and LPG$94 million · 2.3%
    204 thousand tonnes
  5. 9 thousand tonnes
  6. Fish oil and marine fats$89 million · 2.2%
    12 thousand tonnes
  7. Grapes$83 million · 2%
    21 thousand tonnes
  8. T-shirts$37 million · 0.9%
    1 thousand tonnes
  9. Frozen fruit$29 million · 0.7%
    15 thousand tonnes
  10. 11 thousand tonnes

How it travels

Estimated sea route from Vancouver to Callao.

The estimated sea route between Vancouver and Callao is 4,864 nautical miles (9,008 km) long: ≈ 11.5–14.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.3 billion · 41.2%
  2. Air$3.2 billion · 58.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Peru was Canada’s 17th largest trading partner (0.5% of its trade), and Canada was Peru’s 4th (4%).

Peru in Canada’s trade
0.5%
Peru’s rank among Canada’s partners
17th
Canada in Peru’s trade
4.2%
Canada’s rank among Peru’s partners
4th

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.