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Trade between India and Peru

In 2024, India exported $1.2 billion to Peru and imported $4.7 billion. India ran a deficit of $3.5 billion with Peru, compared with a deficit of $924 million in 2019. Peru was India’s 38th largest trading partner (0.5% of its trade), and India was Peru’s 3rd (4%).

Summary

India → Peru
$1.2billion
Peru → India
$4.7billion
India’s balance
-$3.5billion

Balance

India’s trade balance with Peru

Trade between India and Peru grew 135.4-fold since 1995

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

  • Exports 1.2
  • Imports 4.7
  • Balance -3.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$39 million$5 million$34 million
1996$43 million$30 million$13 million
1997$32 million$17 million$16 million
1998$43 million$23 million$20 million
1999$46 million$54 million-$8 million
2000$35 million$38 million-$3 million
2001$54 million$36 million$18 million
2002$69 million$26 million$43 million
2003$67 million$23 million$45 million
2004$85 million$53 million$32 million
2005$135 million$83 million$52 million
2006$164 million$102 million$62 million
2007$281 million$191 million$89 million
2008$530 million$292 million$238 million
2009$326 million$101 million$225 million
2010$638 million$223 million$415 million
2011$612 million$465 million$147 million
2012$1.1 billion$466 million$590 million
2013$1.1 billion$766 million$306 million
2014$868 million$400 million$469 million
2015$1.4 billion$726 million$633 million
2016$833 million$971 million-$138 million
2017$833 million$2 billion-$1.2 billion
2018$923 million$2.5 billion-$1.6 billion
2019$905 million$1.8 billion-$924 million
2020$831 million$1.2 billion-$366 million
2021$1.1 billion$2.6 billion-$1.4 billion
2022$1.2 billion$2.3 billion-$1.1 billion
2023$1.1 billion$2.6 billion-$1.5 billion
2024$1.2 billion$4.7 billion-$3.5 billion

What they sell each other

What India sells to Peru

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

  1. Cars$171 million · 14.5%
    19 thousand tonnes · India’s destinations
  2. Cotton yarn$162 million · 13.7%
    51 thousand tonnes
  3. 3 thousand tonnes · India’s destinations
  4. Motorcycles$57 million · 4.8%
    6 thousand tonnes · India’s destinations
  5. 44 thousand tonnes
  6. Copper springs$25 million · 2.1%
    2 thousand tonnes
  7. Ferroalloys$25 million · 2.1%
    19 thousand tonnes · India’s destinations
  8. 134 tonnes · India’s destinations
  9. 4 thousand tonnes
  10. New tires$22 million · 1.8%
    6 thousand tonnes · India’s destinations

What Peru sells to India

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

  1. Gold$4.2 billion · 89.8%
    67 tonnes · Peru’s destinations
  2. Copper ore$331 million · 7%
    153 thousand tonnes · Peru’s destinations
  3. Silver$52 million · 1.1%
    62 tonnes · India’s sources
  4. Ferrous scrap$28 million · 0.6%
    64 thousand tonnes · India’s sources
  5. Cocoa beans$13 million · 0.27%
    2 thousand tonnes
  6. Aluminum scrap$8 million · 0.16%
    4 thousand tonnes
  7. Unwrought tin$6 million · 0.13%
    233 tonnes
  8. 708 tonnes
  9. Cargo and cruise ships$4 million · 0.09%
    10 thousand tonnes
  10. Precious metal ore$3 million · 0.07%
    268 tonnes

How it travels

Estimated sea route from Nhava Sheva (Mumbai) to Callao.

The estimated sea route between Nhava Sheva (Mumbai) and Callao is 11,732 nautical miles (21,728 km) long: ≈ 27–35 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Cape Horn (11,732 nautical miles); and 15% via the Bab-el-Mandeb Strait, the Suez Canal, the Strait of Gibraltar and the Panama Canal (10,971 nautical miles).

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$1.5 billion · 25.3%
  2. Air$4.4 billion · 74.7%

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

How much each matters to the other

Peru was India’s 38th largest trading partner (0.5% of its trade), and India was Peru’s 3rd (4%).

Peru in India’s trade
0.5%
Peru’s rank among India’s partners
38th
India in Peru’s trade
4.5%
India’s rank among Peru’s partners
3rd

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.