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Peru recorded a trade surplus of 1354.80 USD Million in May of 2025. This dataset provides - Peru Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about Peru's Trade Balance
In 2023, the total value of Peru's trade goods amounted to approximately 116.52 billion U.S. dollars, out of which the country exported 64.36 billion dollars' worth of goods. In that same year, this South American country imported goods worth to approximately 52.16 billion U.S. dollars. Between 2015 and 2019, Peru's exports trade value increased by 37 percent. However, when comparing the values of 2020 with a year earlier, the exports decreased by about 16 percent. It was only in 2021 that Peru's trade value experienced a significant increase, in both imports and exports. The upward trend held true in 2022.Import and export trade International trade refers to the exchange of capital, goods and services across international borders or territories. The term "imports" refer to the form of trade in which goods that are grown, produced or manufactured in other countries are bought into a specific country. While, on the other hand, the term "exports" implies a trade in which goods that are grown, produced, or manufactured in a country are sold internationally. Peru's leading trade partners Prior to 2020, the leading trading partners of Peru were China and the United States. In 2019, Peru imported goods worth more than 10 billion U.S. dollars from China, while the exports were valued at almost three billion dollars more than and the imports. Meanwhile, this South American country exported nearly six billion U.S. dollars from the United States. That same year, the most exported products from Peru were ores, slag, and ash, followed by pearls, precious or semi-precious stones.
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Peru: Trade openness: exports plus imports as percent of GDP: The latest value from 2023 is 51.03 percent, a decline from 57.35 percent in 2022. In comparison, the world average is 94.91 percent, based on data from 153 countries. Historically, the average for Peru from 1960 to 2023 is 39.74 percent. The minimum value, 22.54 percent, was reached in 1989 while the maximum of 58.43 percent was recorded in 2008.
In 2023, Peru's largest export trading partner was China, as the South American country exported merchandise worth over 23 billion U.S. dollars to the Asian giant. China was also Peru's main import trading partner, with the value amounting to 13 billion U.S. dollars. The second most important trade partner in terms of export was the United States, with the export value amounting to roughly nine billion U.S. dollars.
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Historical chart and dataset showing Peru trade balance by year from 1960 to 2023.
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Terms of Trade in Peru increased to 159.09 points in May from 152.09 points in April of 2025. This dataset provides - Peru Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Peru's total Exports in 2024 were valued at US$74.05 Billion, according to the United Nations COMTRADE database on international trade. Peru's main export partners were: China, the United States and India. The top three export commodities were: Ores slag and ash; Pearls, precious stones, metals, coins and Edible fruits, nuts, peel of citrus fruit, melons. Total Imports were valued at US$55.03 Billion. In 2024, Peru had a trade surplus of US$19.03 Billion.
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Key information about Peru Total Exports
In 2024, the largest trading partner of Peru regarding imported trade goods was China. In that year, Peru imported goods worth approximately **** billion U.S. dollars from the Asian country. The United States was Peru's second-most important trading partner, importing roughly ** billion U.S. dollars in merchandise from the South American country.
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Key information about Peru Total Trade of Goods and Services: % of Nominal GDP
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Peru Net Barter Terms of Trade Index data was reported at 127.992 2015=100 in 2021. This records an increase from the previous number of 114.564 2015=100 for 2020. Peru Net Barter Terms of Trade Index data is updated yearly, averaging 96.445 2015=100 from Dec 1980 (Median) to 2021, with 42 observations. The data reached an all-time high of 150.275 2015=100 in 1980 and a record low of 60.858 2015=100 in 2001. Peru Net Barter Terms of Trade Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Peru – Table PE.World Bank.WDI: Trade Index. Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.;United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.;;
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Peru's total Imports in 2024 were valued at US$55.03 Billion, according to the United Nations COMTRADE database on international trade. Peru's main import partners were: China, the United States and Brazil. The top three import commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Exports were valued at US$74.05 Billion. In 2024, Peru had a trade surplus of US$19.03 Billion.
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Since 2016, Peru's exports to China have exceeded its imports. In 2022, the value of products exported from Peru to the Asian country reached approximately 17.5 billion U.S. dollars, whereas imports totaled 15.7 billion U.S. dollars. When compared to the previous year, exports from Peru to China fell by approximately 500 million U.S. dollars.
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Peru: Terms of trade, base year = 2000: The latest value from 2021 is 127.99 percent, an increase from 114.56 percent in 2020. In comparison, the world average is 109.62 percent, based on data from 189 countries. Historically, the average for Peru from 1980 to 2021 is 93.35 percent. The minimum value, 60.86 percent, was reached in 2001 while the maximum of 150.27 percent was recorded in 1980.
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Peru export data: Discover the diverse economy fueled by copper, gold, textiles, and more. Explore sustainable growth strategies.
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Peru PE: Net Barter Terms of Trade Index data was reported at 155.357 2000=100 in 2016. This records a decrease from the previous number of 159.100 2000=100 for 2015. Peru PE: Net Barter Terms of Trade Index data is updated yearly, averaging 129.167 2000=100 from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 245.588 2000=100 in 1980 and a record low of 98.509 2000=100 in 2001. Peru PE: Net Barter Terms of Trade Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Peru – Table PE.World Bank.WDI: Trade Index. Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;
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Peru import data: Discover how this South American nation boosts its diverse economy through strategic import practices and partnerships.
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Key information about Peru Total Imports Growth
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Peru recorded a trade surplus of 1354.80 USD Million in May of 2025. This dataset provides - Peru Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.