Country intelligence · PER · 2024

Peru trade profile

In 2024, Peru recorded $74.9B in merchandise exports and $51.0B in imports, producing a $24.0B trade surplus. Exports changed +15.4% from the previous year, while imports changed +4.0%.[1]

Exports

$74.9B

+15.4%

Imports

$51.0B

+4.0%

Trade balance

$24.0B

surplus

Active partners

270

53 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$74.9B$51.0B$24.0B+15.4%
2023$65.0B$49.0B$15.9B+5.2%
2022$61.8B$55.4B$6.4B+6.2%
2021$58.1B$47.7B$10.5B+42.6%
2020$40.8B$33.9B$6.9B-12.0%
2019$46.3B$39.8B$6.6B-2.5%
2018$47.5B$40.5B$7.1B+7.0%
2017$44.4B$37.4B$7.0B+22.2%
2016$36.3B$33.9B$2.5B+1.9%
2015$35.7B$41.0B-$5.3B-8.7%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 26 · HS chapter

34 active HS6 lines · 40 export partners

$29.5B
2

HS 71 · Precious metals and stones

45 active HS6 lines · 81 export partners

$13.2B
3

HS 08 · HS chapter

63 active HS6 lines · 119 export partners

$6.6B
4

HS 27 · Mineral fuels and oils

41 active HS6 lines · 62 export partners

$4.3B
5

HS 74 · HS chapter

48 active HS6 lines · 63 export partners

$3.8B
6

HS 23 · HS chapter

19 active HS6 lines · 59 export partners

$1.8B
7

HS 09 · HS chapter

37 active HS6 lines · 119 export partners

$1.4B
8

HS 18 · HS chapter

11 active HS6 lines · 101 export partners

$1.2B

Leading export markets

Destinations rank bilateral export flows from Peru; growth describes each corridor rather than the whole economy.

1

China

Annual change +11.1% · 3-year CAGR 9.1%

$25.9B
2

United States

Annual change +6.1% · 3-year CAGR 10.2%

$9.3B
3

India

Annual change +77.3% · 3-year CAGR 22.9%

$4.6B
4

Canada

Annual change +25.8% · 3-year CAGR 11.3%

$4.2B
5

Japan

Annual change +41.4% · 3-year CAGR 5.8%

$3.2B
6

Switzerland

Annual change +42.8% · 3-year CAGR 10.7%

$2.7B
7

South Korea

Annual change -13.1% · 3-year CAGR -9.5%

$2.2B
8

Chile

Annual change +12.3% · 3-year CAGR 6.5%

$2.1B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.