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Trade between Peru and Spain

In 2024, Peru exported $2.1 billion to Spain and imported $853 million. Peru ran a surplus of $1.3 billion with Spain, compared with a surplus of $455 million in 2019. Spain was Peru’s 10th largest trading partner (2% of its trade), and Peru was Spain’s 45th (0.4%).

Summary

Peru → Spain
$2.1billion
Spain → Peru
$853million
Peru’s balance
$1.3billion

Balance

Peru’s trade balance with Spain

Trade between Peru and Spain grew 6.1-fold since 1995

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

  • Exports 2.1
  • Imports 0.9
  • Balance +1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$151 million$335 million-$184 million
1996$150 million$362 million-$213 million
1997$191 million$277 million-$86 million
1998$161 million$233 million-$72 million
1999$196 million$201 million-$5 million
2000$210 million$195 million$14 million
2001$227 million$182 million$44 million
2002$259 million$173 million$87 million
2003$343 million$188 million$155 million
2004$440 million$226 million$213 million
2005$624 million$203 million$421 million
2006$845 million$267 million$578 million
2007$1.1 billion$299 million$844 million
2008$1.1 billion$438 million$676 million
2009$767 million$324 million$443 million
2010$1.4 billion$520 million$857 million
2011$1.8 billion$621 million$1.1 billion
2012$2.3 billion$1.1 billion$1.2 billion
2013$1.7 billion$1.2 billion$477 million
2014$1.6 billion$761 million$844 million
2015$1.3 billion$1 billion$336 million
2016$1.6 billion$662 million$933 million
2017$2.3 billion$1.2 billion$1.1 billion
2018$2.1 billion$959 million$1.1 billion
2019$1.4 billion$941 million$455 million
2020$1.2 billion$672 million$487 million
2021$1.6 billion$899 million$714 million
2022$1.7 billion$898 million$754 million
2023$1.9 billion$808 million$1.1 billion
2024$2.1 billion$853 million$1.3 billion

What they sell each other

What Peru sells to Spain

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

  1. Copper ore$604 million · 28.7%
    333 thousand tonnes · Peru’s destinations
  2. Avocados, mangoes, pineapples and dates$364 million · 17.3%
    138 thousand tonnes
  3. Zinc ore$244 million · 11.6%
    222 thousand tonnes · Peru’s destinations
  4. Canned vegetables$125 million · 5.9%
    49 thousand tonnes
  5. Mollusks (squid, mussels, oysters)$122 million · 5.8%
    30 thousand tonnes
  6. Grapes$57 million · 2.7%
    20 thousand tonnes
  7. Other fresh vegetables$56 million · 2.7%
    12 thousand tonnes
  8. Cocoa beans$52 million · 2.5%
    8 thousand tonnes
  9. Unwrought tin$50 million · 2.4%
    2 thousand tonnes
  10. Natural gas and LPG$48 million · 2.3%
    126 thousand tonnes

What Spain sells to Peru

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

  1. Industrial fatty acids and oils$44 million · 5.1%
    27 thousand tonnes
  2. Particle board and OSB$34 million · 4%
    80 thousand tonnes
  3. Elevators, escalators and conveyors$28 million · 3.2%
    3 thousand tonnes
  4. Makeup and skin care$24 million · 2.8%
    794 tonnes · Spain’s destinations
  5. Cables and wire$22 million · 2.6%
    2 thousand tonnes · Spain’s destinations
  6. Books and brochures$21 million · 2.4%
    2 thousand tonnes
  7. Other food preparations$20 million · 2.3%
    1 thousand tonnes
  8. Other industrial machines$18 million · 2.2%
    925 tonnes
  9. Steel structures$18 million · 2.2%
    5 thousand tonnes
  10. Medicines in measured doses or retail packs$18 million · 2.1%
    802 tonnes · Spain’s destinations

How it travels

Estimated sea route from Callao to Valencia.

The estimated sea route between Callao and Valencia is 6,329 nautical miles (11,721 km) long: ≈ 14.5–19 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal and Strait of Gibraltar.

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$2.9 billion · 96.3%
  2. Air$109 million · 3.7%

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

How much each matters to the other

Spain was Peru’s 10th largest trading partner (2% of its trade), and Peru was Spain’s 45th (0.4%).

Spain in Peru’s trade
2.3%
Spain’s rank among Peru’s partners
10th
Peru in Spain’s trade
0.4%
Peru’s rank among Spain’s partners
45th

Compare with

Other partners of Peru

Other partners of Spain

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.