2025 Apr Peru Global Trade Data Summary: Narrowing Surplus

Peru 2025 Apr Trade Data Key Takeaways

• Market Trend: Peru trade data shows flat exports (+0.21% YoY) but imports grew 2.56% YoY, narrowing surplus to $330M amid US tariffs.
• Key Driver: Peru import export data reveals ores (28%) and precious metals (27%) dominate exports, while China (28.4%) leads imports.
• Strategic Risk: Heavy reliance on raw material exports and concentrated import partners exposes Peru to commodity price swings and supply chain bottlenecks.

Analysis covers 2025 Apr based on sanitized customs records from the yTrade database.

Peru 2025 Apr Trade Data Trend Overview

• Peru's export-driven economy, a key global copper and agricultural supplier, posted stable April 2025 Peru global trade data as external headwinds from new US tariffs began to materialize.
• The Peru import export data for April shows exports held at $5.00B, a marginal 0.21% YoY gain, while imports grew 2.56% YoY to $4.67B, indicating resilient external demand against rising inbound costs.
• This resulted in a trade surplus of $330 million, though it narrowed from year-earlier levels as import growth outpaced exports.
• The flat export performance and import acceleration reflect the initial impact of the 10% US tariff enacted in April, which pressured non-exempt agricultural and textile shipments while exempting critical mineral exports [EY]; strong metal prices and diversified FTA networks provided a partial offset.

Table: Import Key Metrics (Source: yTrade)

Table: Export Key Metrics (Source: yTrade)

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Peru 2025 Apr Top Trading Products

Peru Global Trade Core Summary

Peru's exports are heavily resource-driven, with ores, precious metals, and agricultural products dominating. The top two export categories—ores (28%) and precious metals (27%)—account for over half of total exports, showing high concentration. Key agricultural exports like edible fruits (8%) and fish (5%) add diversity but remain secondary. Imports are more varied, led by machinery (14%), mineral fuels (14%), and vehicles (9%). This reflects Peru's reliance on imported industrial goods and energy.

Key takeaways:

• Exports depend on raw materials, creating vulnerability to price swings.
• Limited high-value manufacturing in exports.
• Imports focus on machinery and fuel, indicating industrial needs.
• Agricultural exports show potential for growth.
• Trade balance likely leans positive due to high-value mineral exports.

Peru Export-Import Structural Gap

Peru’s trade structure shows a clear gap: it exports raw materials (ores, metals, agriculture) and imports finished goods (machinery, vehicles, electronics). This suggests an economy reliant on resource extraction rather than advanced manufacturing. The overlap in mineral fuels (exported and imported) hints at refining or energy trade complexities. The lack of machinery or electronics in exports highlights a missed opportunity for industrial upgrading. To reduce dependence, Peru could invest in processing raw materials domestically before export.

Table: Peru Top Import & Export Product Categories (Source: yTrade)

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Peru 2025 Apr Top Trading Countries

Peru Global Trade Key Patterns

Peru's exports show moderate concentration, with Mainland China as the top destination (27.6% share, $1.38B), followed by the U.S. (10.8%, $541.7M) and Canada (7.2%, $358.3M). The top 10 markets account for 75.7% of exports, indicating reliance on a few key partners but with some diversification across North America, Asia, and Europe. Imports are more concentrated, with Mainland China (28.4%, $1.33B) and the U.S. (19.1%, $893.3M) dominating, together making up nearly half of imports. The top 10 suppliers represent 73.5% of imports, with Latin American neighbors like Brazil and Argentina playing notable roles.

Key takeaways:

• Exports lean toward Asia (China) and North America (U.S., Canada).
• Imports heavily depend on China and the U.S., with secondary reliance on Latin America.
• Trade flows are asymmetrical: exports are more evenly distributed than imports.

Peru Export–Import Geographic Gap

Peru’s exports reach a broader mix of regions (Asia, North America, Europe, Middle East), while imports are more narrowly sourced, primarily from China, the U.S., and nearby Latin American countries. Overlapping partners like China, the U.S., and India suggest some two-way trade, but the structure reveals upstream dependency (few import sources) and downstream diversification (many export markets). The gap highlights Peru’s role as a resource exporter with diversified demand but concentrated supply chains for manufactured goods.

Table: Peru Top Destiantion & Origin Countries (Source: yTrade)

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Frequently Asked Questions

What are the major products exported by Peru in 2025 Apr?

Peru's top exports in April 2025 were ores, slag, and ash (28.09% of total exports), followed by natural or cultured pearls and precious stones (26.80%), and edible fruits and nuts (7.57%). These three categories accounted for over 62% of total export value.

What are the main products Peru imports in 2025 Apr?

Peru's primary imports in April 2025 included nuclear reactors and machinery (14.13%), mineral fuels and oils (13.54%), and vehicles (8.86%). These three product groups represented over 36% of total import value.

Which countries are the top destinations for Peru's exports in 2025 Apr?

Mainland China was Peru's largest export destination (28.43% of exports), followed by the United States (19.13%) and Brazil (6.61%). These three markets received over 54% of Peru's total exports.

Which countries supply most of Peru's imports in 2025 Apr?

Mainland China was also Peru's leading import source (27.59%), with the United States (10.84%) and Canada (7.17%) as secondary suppliers. These three countries accounted for 45.6% of Peru's total imports.

How balanced are Peru's export and import markets in 2025 Apr?

Peru maintained a $330 million trade surplus in April 2025, though it narrowed from previous levels. Exports grew marginally (0.21% YoY) to $5.00B while imports increased 2.56% YoY to $4.67B, reflecting new US tariff impacts on some agricultural/textile exports.