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Peru Trade Summary

2023

Peru exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PERU 2023

Overall Exports and Imports for Peru 2023

Exports and imports of Peru in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 64,355 million.
  • The total value of imports (CIF) was 52,164 million.
  • At the HS6 digit level, 3,377 products were exported to 173 countries and 4,092 products were imported from 198 countries.

Peru top 5 Export and Import partners 2023

Top five countries to which Peru exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Peru exports to China worth US$ 23,156 million, with a partner share of 35.98 percent.
  2. Peru exports to United States worth US$ 9,181 million, with a partner share of 14.27 percent.
  3. Peru exports to Canada worth US$ 2,988 million, with a partner share of 4.64 percent.
  4. Peru exports to India worth US$ 2,526 million, with a partner share of 3.92 percent.
  5. Peru exports to Korea, Rep. worth US$ 2,344 million, with a partner share of 3.64 percent.

Top five countries from which Peru imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Peru imports from China worth US$ 13,443 million, with a partner share of 25.77 percent.
  2. Peru imports from United States worth US$ 10,986 million, with a partner share of 21.06 percent.
  3. Peru imports from Brazil worth US$ 3,745 million, with a partner share of 7.18 percent.
  4. Peru imports from Argentina worth US$ 2,663 million, with a partner share of 5.11 percent.
  5. Peru imports from Mexico worth US$ 1,770 million, with a partner share of 3.39 percent.

Peru Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Peru along with trade value are:

  1. Peru exported Copper ores and concentrates , worth 19,991,449.25 (US$ Thousands).
  2. Peru exported Gold in unwrought forms non-monetary , worth 8,372,874.09 (US$ Thousands).
  3. Peru exported Copper cathodes and sections of cathodes unwrou , worth 2,689,386.17 (US$ Thousands).
  4. Peru exported Petroleum oils, etc, (excl. crude); preparation , worth 2,378,990.31 (US$ Thousands).
  5. Peru exported Fresh grapes , worth 1,745,478.60 (US$ Thousands).

The top five imported HS 6 digit level products from world by Peru along with trade value are

  1. Peru imported Petroleum oils, etc, (excl. crude); preparation , worth 5,597,924.47 (US$ Thousands).
  2. Peru imported Petroleum oils and oils obtained from bituminou , worth 3,223,329.14 (US$ Thousands).
  3. Peru imported Transmission apparatus, for radioteleph incorpo , worth 1,422,818.66 (US$ Thousands).
  4. Peru imported Maize (excl. seed) , worth 1,000,869.62 (US$ Thousands).
  5. Peru imported Automobiles with reciprocating piston engine di , worth 925,810.92 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Peru in 2023 are below

  • The maximum rate of tariff in percentage on any product was 11 percent.
  • The simple average tariff across all products was 1.13 percent.
  • The trade weighted average tariff was 0.65 .
  • The total duty free imports in thousands of US dollars were 40,398,448.61 and duty free tariff line items share was 84.27 percent.

Development Indicators 2023

Key Development Indicators of Peru in 2023 are below

  • Peru GDP in current US dollar was 266,959 million.
  • GNI per capita, Atlas method (current US$) was 7,080.00 .
  • Peru Trade balance: as % of GDP was 3.49.
  • Trade balance in current US$ was 9,305.00 million.
  • Trade as percentage of GDP was 50.79 .
  • Trade in services as percentage of GDP was 7.37 .

Trade Indicators 2023

Trade Indicators for Peru in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 5.63.
  • World Growth in percentage was -3.13 and Peru Country Growth was -0.38 .