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Trade between Mexico and Peru

In 2024, Mexico exported $1.7 billion to Peru and imported $853 million. Mexico ran a surplus of $806 million with Peru, compared with a surplus of $1.4 billion in 2019. Peru was Mexico’s 34th largest trading partner (0.2% of its trade), and Mexico was Peru’s 12th (2%).

Summary

Mexico → Peru
$1.7billion
Peru → Mexico
$853million
Mexico’s balance
$806million

Balance

Mexico’s trade balance with Peru

Trade between Mexico and Peru grew 7-fold since 1995

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

  • Exports 1.7
  • Imports 0.9
  • Balance +0.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$252 million$109 million$143 million
1996$295 million$115 million$180 million
1997$370 million$131 million$239 million
1998$314 million$154 million$159 million
1999$256 million$192 million$64 million
2000$246 million$176 million$71 million
2001$267 million$138 million$129 million
2002$310 million$143 million$167 million
2003$290 million$123 million$167 million
2004$286 million$248 million$38 million
2005$404 million$448 million-$44 million
2006$577 million$428 million$149 million
2007$790 million$322 million$468 million
2008$1.2 billion$363 million$838 million
2009$746 million$306 million$440 million
2010$1.4 billion$402 million$953 million
2011$1.5 billion$555 million$946 million
2012$2.5 billion$532 million$2 billion
2013$2.9 billion$687 million$2.2 billion
2014$1.9 billion$753 million$1.2 billion
2015$2.2 billion$604 million$1.6 billion
2016$1.7 billion$474 million$1.2 billion
2017$1.8 billion$431 million$1.4 billion
2018$1.9 billion$460 million$1.5 billion
2019$1.9 billion$494 million$1.4 billion
2020$1.5 billion$465 million$1 billion
2021$1.9 billion$541 million$1.3 billion
2022$2 billion$735 million$1.2 billion
2023$1.7 billion$1.3 billion$401 million
2024$1.7 billion$853 million$806 million

What they sell each other

What Mexico sells to Peru

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

  1. Monitors and projectors$138 million · 8.3%
    7 thousand tonnes · Mexico’s destinations
  2. Cars$105 million · 6.4%
    8 thousand tonnes · Mexico’s destinations
  3. Computers$90 million · 5.4%
    515 tonnes · Mexico’s destinations
  4. Hair care$89 million · 5.3%
    19 thousand tonnes
  5. Tractors$68 million · 4.1%
    5 thousand tonnes · Mexico’s destinations
  6. Medicines in measured doses or retail packs$41 million · 2.5%
    666 tonnes · Mexico’s destinations
  7. Polyethylene$38 million · 2.3%
    29 thousand tonnes
  8. Trucks$33 million · 2%
    3 thousand tonnes · Mexico’s destinations
  9. Crude petroleum$31 million · 1.9%
    57 thousand tonnes · Mexico’s destinations
  10. Beer$30 million · 1.8%
    19 thousand tonnes · Mexico’s destinations

What Peru sells to Mexico

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

  1. Grapes$132 million · 15.5%
    45 thousand tonnes
  2. Pepper, dried chili and paprika$68 million · 8%
    18 thousand tonnes
  3. Refined petroleum$41 million · 4.8%
    46 thousand tonnes · Peru’s destinations
  4. Palm oil$37 million · 4.3%
    43 thousand tonnes
  5. Cocoa beans$36 million · 4.3%
    5 thousand tonnes
  6. Refined copper$31 million · 3.6%
    5 thousand tonnes · Peru’s destinations
  7. Citrus fruit$28 million · 3.3%
    19 thousand tonnes
  8. Onions and garlic$27 million · 3.1%
    9 thousand tonnes
  9. New tires$26 million · 3%
    6 thousand tonnes · Mexico’s sources
  10. Seeds for planting$25 million · 3%
    45 tonnes

How it travels

Estimated sea route from Manzanillo to Callao.

The estimated sea route between Manzanillo and Callao is 2,502 nautical miles (4,634 km) long: ≈ 6–7.5 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$2.2 billion · 85.6%
  2. Air$361 million · 14.4%

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

How much each matters to the other

Peru was Mexico’s 34th largest trading partner (0.2% of its trade), and Mexico was Peru’s 12th (2%).

Peru in Mexico’s trade
0.2%
Peru’s rank among Mexico’s partners
34th
Mexico in Peru’s trade
1.9%
Mexico’s rank among Peru’s partners
12th

Compare with

Other partners of Mexico

Other partners of Peru

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.