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Trade between Italy and Peru

In 2024, Italy exported $756 million to Peru and imported $842 million. Italy ran a deficit of $86 million with Peru, compared with a surplus of $128 million in 2019. Peru was Italy’s 69th largest trading partner (0.1% of its trade), and Italy was Peru’s 18th (1%).

Summary

Italy → Peru
$756million
Peru → Italy
$842million
Italy’s balance
-$86million

Balance

Italy’s trade balance with Peru

Trade between Italy and Peru grew 3.4-fold since 1995

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

  • Exports 0.8
  • Imports 0.8
  • Balance -0.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$201 million$272 million-$71 million
1996$201 million$226 million-$25 million
1997$222 million$274 million-$51 million
1998$197 million$186 million$10 million
1999$138 million$162 million-$24 million
2000$136 million$150 million-$13 million
2001$142 million$140 million$2 million
2002$153 million$177 million-$24 million
2003$200 million$199 million$61 thousand
2004$177 million$308 million-$131 million
2005$205 million$383 million-$178 million
2006$240 million$732 million-$492 million
2007$382 million$978 million-$596 million
2008$713 million$936 million-$223 million
2009$396 million$645 million-$250 million
2010$482 million$967 million-$485 million
2011$614 million$1.3 billion-$731 million
2012$862 million$1.1 billion-$256 million
2013$898 million$1.1 billion-$178 million
2014$643 million$684 million-$40 million
2015$944 million$634 million$309 million
2016$744 million$492 million$251 million
2017$830 million$577 million$253 million
2018$673 million$692 million-$19 million
2019$740 million$612 million$128 million
2020$556 million$515 million$42 million
2021$735 million$684 million$51 million
2022$783 million$655 million$128 million
2023$804 million$796 million$8 million
2024$756 million$842 million-$86 million

What they sell each other

What Italy sells to Peru

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

  1. 1 thousand tonnes
  2. 274 tonnes · Italy’s destinations
  3. 364 tonnes
  4. Valves and taps$20 million · 2.6%
    779 tonnes
  5. Liquid pumps$18 million · 2.4%
    1 thousand tonnes
  6. 723 tonnes
  7. 432 tonnes
  8. Auto parts$15 million · 2%
    1 thousand tonnes · Italy’s destinations
  9. Engine parts$15 million · 2%
    432 tonnes
  10. Refined petroleum$13 million · 1.7%
    3 thousand tonnes · Italy’s destinations

What Peru sells to Italy

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

  1. Refined copper$430 million · 51.1%
    51 thousand tonnes · Peru’s destinations
  2. Gold$49 million · 5.9%
    1 tonne · Peru’s destinations
  3. Cocoa beans$44 million · 5.3%
    6 thousand tonnes
  4. Coffee$38 million · 4.6%
    8 thousand tonnes · Italy’s sources
  5. Carded or combed wool$34 million · 4.1%
    2 thousand tonnes
  6. 8 thousand tonnes
  7. 8 thousand tonnes
  8. Unwrought zinc$21 million · 2.5%
    8 thousand tonnes
  9. Bananas$16 million · 1.9%
    17 thousand tonnes
  10. Silver$14 million · 1.7%
    14 tonnes

How it travels

Estimated sea route from Genoa to Callao.

The estimated sea route between Genoa and Callao is 6,815 nautical miles (12,621 km) long: ≈ 16–20.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Panama Canal.

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$1.3 billion · 79.7%
  2. Air$324 million · 20.3%

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

How much each matters to the other

Peru was Italy’s 69th largest trading partner (0.1% of its trade), and Italy was Peru’s 18th (1%).

Peru in Italy’s trade
0.1%
Peru’s rank among Italy’s partners
69th
Italy in Peru’s trade
1.2%
Italy’s rank among Peru’s partners
18th

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.