Peru
Compare Peru →PE · PER · BACI 604 · latest data 2024
Exports
= $76,839 M58.4% over 5 yrs (up)
Imports
= $54,750 M27.4% over 5 yrs (up)
Trade balancesurplus
= $22,090 M
Total trade
= $131,589 M43.8% over 5 yrs (up)
- World position
- #46 of 225 exporters · top 25% · #54 of 225 importers · top 25% · 2024
- World export share since 1995
- +0.2 pp
Trade timeline
Peru's exports grew from $5.9B in 1995 to $76.8B in 2024; the 2024 balance was $22.1B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $5,946 M | $8,286 M | −$2,341 M | $14,232 M |
| 1996 | $6,390 M | $8,534 M | −$2,144 M | $14,924 M |
| 1997 | $7,482 M | $9,079 M | −$1,597 M | $16,561 M |
| 1998 | $6,194 M | $8,654 M | −$2,460 M | $14,848 M |
| 1999 | $6,564 M | $7,291 M | −$727 M | $13,855 M |
| 2000 | $7,390 M | $7,691 M | −$301 M | $15,081 M |
| 2001 | $7,401 M | $7,645 M | −$245 M | $15,046 M |
| 2002 | $8,319 M | $7,930 M | $390 M | $16,249 M |
| 2003 | $9,628 M | $8,800 M | $828 M | $18,428 M |
| 2004 | $13,373 M | $10,440 M | $2,932 M | $23,813 M |
| 2005 | $18,254 M | $12,942 M | $5,312 M | $31,196 M |
| 2006 | $25,042 M | $16,099 M | $8,943 M | $41,142 M |
| 2007 | $29,667 M | $20,604 M | $9,063 M | $50,271 M |
| 2008 | $33,063 M | $30,374 M | $2,689 M | $63,437 M |
| 2009 | $28,225 M | $22,441 M | $5,784 M | $50,666 M |
| 2010 | $38,698 M | $36,797 M | $1,901 M | $75,496 M |
| 2011 | $47,956 M | $39,041 M | $8,915 M | $86,996 M |
| 2012 | $51,833 M | $58,005 M | −$6,172 M | $109,837 M |
| 2013 | $48,089 M | $59,764 M | −$11,675 M | $107,853 M |
| 2014 | $40,608 M | $42,748 M | −$2,140 M | $83,356 M |
| 2015 | $37,521 M | $49,165 M | −$11,643 M | $86,686 M |
| 2016 | $38,505 M | $36,878 M | $1,627 M | $75,384 M |
| 2017 | $46,248 M | $40,693 M | $5,555 M | $86,940 M |
| 2018 | $49,205 M | $43,449 M | $5,756 M | $92,654 M |
| 2019 | $48,514 M | $42,966 M | $5,548 M | $91,480 M |
| 2020 | $42,308 M | $36,518 M | $5,789 M | $78,826 M |
| 2021 | $58,860 M | $51,123 M | $7,738 M | $109,983 M |
| 2022 | $63,170 M | $60,029 M | $3,141 M | $123,199 M |
| 2023 | $66,597 M | $52,025 M | $14,572 M | $118,621 M |
| 2024 | $76,839 M | $54,749 M | $22,090 M | $131,589 M |
Trading partners
China was Peru's top trading partner in 2024, at 31.4% of total trade; the top five partners covered 59.0%.
- Top partner share
- 31.4%
- Top-5 share
- 59.0%
- Partners
- 207
- Partner HHI (0–1)
- 0.133
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $25,255 M | $15,999 M | $41,254 M | $9,256 M |
| #2 | United States | $9,877 M | $10,163 M | $20,040 M | −$286 M |
| #3 | India | $4,717 M | $1,179 M | $5,897 M | $3,538 M |
| #4 | Canada | $4,092 M | $1,408 M | $5,500 M | $2,684 M |
| #5 | Brazil | $1,555 M | $3,343 M | $4,898 M | −$1,788 M |
| #6 | Japan | $3,248 M | $1,123 M | $4,370 M | $2,125 M |
| #7 | Chile | $2,080 M | $1,404 M | $3,484 M | $676 M |
| #8 | Switzerland | $3,073 M | $158 M | $3,232 M | $2,915 M |
| #9 | South Korea | $2,278 M | $738 M | $3,016 M | $1,540 M |
| #10 | Spain | $2,108 M | $853 M | $2,961 M | $1,255 M |
| #11 | Argentina | $237 M | $2,651 M | $2,888 M | −$2,414 M |
| #12 | Mexico | $853 M | $1,659 M | $2,513 M | −$806 M |
| #13 | Ecuador | $975 M | $1,531 M | $2,505 M | −$556 M |
| #14 | Netherlands | $2,210 M | $292 M | $2,502 M | $1,918 M |
| #15 | Colombia | $898 M | $1,395 M | $2,294 M | −$497 M |
Products & sectors
Product composition of Peru's trade in 2024.
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Concentration & risk
Peru's export partners concentrated over 1995–2024 — HHI 0.066 → 0.140, a moderately concentrated export base across 171 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.066 | 0.092 | 144 | 130 |
| 1996 | 0.068 | 0.095 | 146 | 127 |
| 1997 | 0.085 | 0.096 | 150 | 123 |
| 1998 | 0.125 | 0.096 | 144 | 130 |
| 1999 | 0.115 | 0.100 | 153 | 125 |
| 2000 | 0.104 | 0.083 | 162 | 158 |
| 2001 | 0.097 | 0.083 | 163 | 168 |
| 2002 | 0.100 | 0.071 | 158 | 169 |
| 2003 | 0.107 | 0.069 | 172 | 168 |
| 2004 | 0.115 | 0.071 | 176 | 170 |
| 2005 | 0.116 | 0.067 | 180 | 172 |
| 2006 | 0.091 | 0.067 | 183 | 175 |
| 2007 | 0.076 | 0.070 | 177 | 181 |
| 2008 | 0.077 | 0.077 | 180 | 188 |
| 2009 | 0.087 | 0.081 | 185 | 183 |
| 2010 | 0.079 | 0.090 | 183 | 186 |
| 2011 | 0.077 | 0.082 | 187 | 189 |
| 2012 | 0.075 | 0.098 | 184 | 184 |
| 2013 | 0.081 | 0.107 | 187 | 189 |
| 2014 | 0.078 | 0.101 | 185 | 190 |
| 2015 | 0.085 | 0.108 | 187 | 189 |
| 2016 | 0.097 | 0.102 | 184 | 191 |
| 2017 | 0.106 | 0.104 | 187 | 194 |
| 2018 | 0.116 | 0.114 | 188 | 198 |
| 2019 | 0.115 | 0.116 | 184 | 206 |
| 2020 | 0.113 | 0.130 | 183 | 192 |
| 2021 | 0.127 | 0.131 | 183 | 212 |
| 2022 | 0.118 | 0.139 | 181 | 195 |
| 2023 | 0.147 | 0.129 | 177 | 193 |
| 2024 | 0.140 | 0.133 | 171 | 196 |
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