Country import demand

Peru
import demand

A reported view of Peru's import scale, sector demand, supplier breadth, economy, and trade history.

PER1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$51.0B2024 reported
Import growth+4%Year on year
Population34.2MReported population
GDP per capita$8.5KCurrent-dollar GDP
Trade openness0%Exports + imports / GDP

The country import read

What does Peru import?

In 2024, Peru recorded $51.0B in reported imports. Imports changed +4% year on year and +2.3% annualized over three years. Ores, slag and ash was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$48.9B
2014
$39.5B
2015
$41.0B
2016
$33.9B
2017
$37.4B
2018
$40.5B
2019
$39.8B
2020
$33.9B
2021
$47.7B
2022
$55.4B
2023
$49.0B
2024
$51.0B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$289.2B2024 macro context
GDP growth4.8%Five-year CAGR
Population growth1.1%Five-year CAGR
Investment rate0%National rate
Savings rate0%National rate
Trade openness0%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Peru
RankSectorImportsShareImport partnersActive HS6
1Ores, slag and ashHS2 26$389.2M0.8%4034
2Precious stones and metalsHS2 71$123.4M0.2%5945
3Edible fruit and nutsHS2 08$132.3M0.3%3663
4Mineral fuelsHS2 27$8.1B15.9%7541
5CopperHS2 74$84.2M0.2%5948
6Food industry residuesHS2 23$840.8M1.6%4919
7Coffee, tea and spicesHS2 09$67.2M0.1%4537
8Cocoa and cocoa preparationsHS2 18$120.5M0.2%4111
9Knitted clothingHS2 61$398.8M0.8%113106
10Fish and crustaceansHS2 03$158.5M0.3%34171

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,503.9Partner HHI
Top 3 partner share53.1%Reported concentration
FTA partner markets53Reported count
Average distance10,591 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3PER
Exports Usd$74.9B
Imports Usd$51.0B
Trade Balance Usd$24.0B
Yoy Exports Growth Pct15.4%
Yoy Imports Growth Pct4%
Exports Cagr 3y Pct8.8%
Imports Cagr 3y Pct2.3%
Export Partner Hhi1,503.9
Export Product Hhi1,098.8
Momentum Score13.4
Risk Score13
Gdp Million Usd289,222 million USD
Gdp Per Capita Usd$8.5K
Population34,217,848
Labor ForceNot reported
Investment Rate PctNot reported
Savings Rate PctNot reported
Secondary Education PctNot reported
Tertiary Education PctNot reported
Total Factor ProductivityNot reported
Trade Openness PctNot reported
Exports Gdp PctNot reported
Num Active Partners270
Num Fta Partners53
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners5%
Num Shared Language Partners24%
Avg Partner Distance Km10,591 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta20
Pct Partners Shared Language8.9%
Pct Partners Shared Border1.9%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km10,421 km
Num Border Partners125
Num Colonial Partners25
Avg Substitution Elasticity-9.9
Pct Products High Elasticity73.2
Pct Products Low Elasticity3.1
Real Market Potential97,085.2
Foreign Market Potential12,012.3

Supplier context

Country Iso3PER
All History Lane Count8,617
Current Lane Count5,178
Critical Lane Count49
High Attention Lane Count846
High Volatility Lane Count2,952
Unrecovered Drawdown Lane Count2,107
Declining Demand Lane Count21
Concentrated Market Lane Count2,559
Access Friction Lane Count508
Buyer Macro Weakness Lane Count173
Monitored Exports Current Usd$72.8B
Attention Exports Usd$26.3B
Critical Exports Usd$1.4B
High Volatility Exports Usd$41.7B
Unrecovered Drawdown Exports Usd$6.4B
Non Fta Exports Usd$10.5B
Monitored Attention Share Pct36.1%
Monitored Critical Share Pct2%
Fta Covered Exports Share Pct85.5%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct14.2%
Export Weighted Distance Km12,095 km
Export Weighted Tariff Pct0.2%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$74.9B
Total Imports Latest Usd$51.0B
Trade Balance Latest Usd$24.0B
Exports Yoy Latest Pct15.4%
Exports Cagr 3y Latest Pct8.8%
Gdp Latest Million Usd289,222 million USD
Gdp Per Capita Latest Usd$8.5K
Population Latest34,217,848
Investment Rate Latest PctNot reported
Savings Rate Latest PctNot reported
Trade Openness Latest PctNot reported
Exports Gdp Latest PctNot reported
Active Partners Latest270
Fta Partners Latest53
Foreign Market Potential Latest12,012.3
Gdp 5y Cagr Pct4.8%
Gdp Per Capita 5y Cagr Pct3.7%
Population 5y Cagr Pct1.1%
Partner Hhi Latest1,503.9
Partner Top1 Share Latest Pct34.6%
Partner Top3 Share Latest Pct53.1%
Partner Hhi All Avg1,063.1
Partner Hhi All Max1,599.8
Product Hhi Latest1,098.8
Product Top1 Share Latest Pct27.2%
Product Top3 Share Latest Pct47.4%
Product Hhi All Avg759.8
Product Hhi All Max1,146.5
Total Exports Attention Share Pct35.1%
Total Exports Critical Share Pct1.9%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$7.0B$5.1B-$1.9B+0%
1996$7.1B$5.6B-$1.5B+1.2%
1997$7.8B$6.6B-$1.1B+9.4%
1998$7.6B$5.6B-$2.0B-2.4%
1999$6.3B$5.8B-$536.2M-16.5%
2000$6.9B$6.8B-$123.5M+8.9%
2001$6.6B$6.9B$283.6M-3.5%
2002$7.0B$7.8B$800.1M+4.8%
2003$7.8B$9.1B$1.3B+12.4%
2004$9.4B$12.7B$3.3B+19.7%
2005$11.7B$17.2B$5.6B+24.7%
2006$14.7B$23.9B$9.2B+26.2%
2007$19.4B$28.7B$9.3B+31.6%
2008$28.1B$31.6B$3.5B+44.9%
2009$20.2B$26.7B$6.5B-28.3%
2010$31.5B$35.8B$4.2B+56.5%
2011$36.3B$44.9B$8.6B+15.1%
2012$48.1B$49.2B$1.1B+32.5%
2013$48.9B$45.6B-$3.3B+1.8%
2014$39.5B$39.1B-$472.7M-19.2%
2015$41.0B$35.7B-$5.3B+3.6%
2016$33.9B$36.3B$2.5B-17.4%
2017$37.4B$44.4B$7.0B+10.5%
2018$40.5B$47.5B$7.1B+8.2%
2019$39.8B$46.3B$6.6B-1.8%
2020$33.9B$40.8B$6.9B-14.8%
2021$47.7B$58.1B$10.5B+40.7%
2022$55.4B$61.8B$6.4B+16.3%
2023$49.0B$65.0B$15.9B-11.5%
2024$51.0B$74.9B$24.0B+4%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
126Ores, slag and ash$389.2M0.8%4034
271Precious stones and metals$123.4M0.2%5945
308Edible fruit and nuts$132.3M0.3%3663
427Mineral fuels$8.1B15.9%7541
574Copper$84.2M0.2%5948
623Food industry residues$840.8M1.6%4919
709Coffee, tea and spices$67.2M0.1%4537
818Cocoa and cocoa preparations$120.5M0.2%4111
961Knitted clothing$398.8M0.8%113106
1003Fish and crustaceans$158.5M0.3%34171

Questions about this profile

Peru import demand, in context

Short answers for import and supplier research.

What does the Peru import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Peru.

What is the latest reported import value for Peru?

Peru recorded $51.0B in reported imports in 2024.

Which sectors lead Peru's imports?

Ores, slag and ash leads by reported import value at $389.2M.

How many years of Peru import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.