2025 January Peru Global Trade Data Summary: Exports Surge 24.8%

Peru 2025 January Trade Data Key Takeaways

• Market Trend: Peru trade data shows exports surged 24.8% to $6.60B, imports up 27.8% to $5.18B in January 2025.
• Key Driver: Peru import export data reveals copper and minerals dominate exports, while machinery and fuel top imports.
• Strategic Risk: Heavy reliance on China (35.9% of exports) and commodity prices exposes Peru to global demand shocks.

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

Peru 2025 January Trade Data Trend Overview

• Peru’s commodity-driven economy opened 2025 with robust trade expansion, as January’s Peru global trade data reflected strong external demand for its mineral exports and resilient import demand for capital goods and inputs.
• Exports surged 24.8% year-on-year to $6.60B, while imports grew 27.8% to $5.18B, with this Peru import export data indicating broad-based growth across key commodity and manufacturing sectors despite new U.S. tariff pressures.
• The trade surplus narrowed slightly to $1.42B, as import growth slightly outpaced exports, though the balance remained firmly positive on strong mineral shipments.
• Growth was fueled by sustained demand for copper—exempt from U.S. tariffs—and competitive gains in textiles and agriculture, as firms adapted supply chains and leveraged carve-outs under the new U.S. reciprocal tariff policy [EY].

Import Key Metrics)

Export Key Metrics)

Get Historical Peru Trade Data

Peru 2025 January 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 three export categories—ores (37%), precious metals (18%), and edible fruits (11%)—account for over 66% of total exports. Imports, however, focus on industrial goods like machinery (14%), vehicles (9%), and electrical equipment (8%), alongside essential inputs such as mineral fuels (16%). This structure highlights Peru's role as a raw material supplier and its reliance on imported machinery and fuel. Key takeaways:

• Exports are concentrated in low-value-added sectors, posing vulnerability to commodity price swings.
• High import dependence on machinery and fuel signals limited domestic industrial capacity.
• Agricultural exports (fruits, cocoa, coffee) offer diversification but remain a small share.

Peru Export-Import Structural Gap

Peru's trade gap shows a clear divide: it exports raw materials and imports finished goods. Ores and precious metals dominate exports, while machinery, vehicles, and fuel top imports. This suggests Peru lacks advanced manufacturing capacity and depends on foreign technology and energy. The overlap in food-related HS codes (e.g., HS 23 for animal fodder) hints at some processing activity, but the overall pattern points to an economy anchored in extraction. To move up the value chain, Peru would need to invest in industrializing its resource exports.

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

Check Detailed Peru Trade HS Code Breakdown

Peru 2025 January Top Trading Countries

Peru Global Trade Key Patterns

Peru's exports show strong concentration, with Mainland China (35.9%) and the U.S. (14.6%) dominating, while imports also heavily rely on these two (30.6% and 19.7%, respectively). Export destinations are somewhat diversified across Asia, North America, and Europe, but imports are more regionally focused on Latin America (Brazil, Argentina, Ecuador, Colombia) and Africa (Nigeria). Key asymmetries include:

• China is both the top export and import partner, suggesting processing trade.
• U.S. is a major buyer but also a key supplier, indicating balanced trade.
• Latin America dominates imports but is minor in exports, highlighting regional supply dependence.

Peru Export–Import Geographic Gap

Exports are globally distributed, while imports lean heavily on regional suppliers, particularly from South America. Overlapping trade with China and the U.S. points to two-way trade flows, but Peru’s import structure shows tighter upstream dependency (Latin America, Africa) compared to downstream export diversification. This suggests Peru relies on nearby suppliers for raw materials but sells finished goods to broader markets.

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

Get Complete Peru Trading Patner Countries Profile

Frequently Asked Questions

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

Peru's top exports in January 2025 were ores/slag/ash (37.15% of exports), pearls/precious stones (18.45%), edible fruits/nuts (11.23%), and mineral fuels (5.28%), totaling over $4.8B collectively.

What are the main products Peru imports in 2025 January?

Peru primarily imported mineral fuels (16.47% of imports), machinery (13.99%), vehicles (8.52%), and electrical equipment (8.03%), with these categories accounting for nearly half of all imports.

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

Mainland China ($1.58B, 30.57%) and the United States ($1.02B, 19.67%) were Peru's largest export markets, followed by Brazil ($246.69M) and Argentina ($233.31M).

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

Mainland China ($2.37B, 35.90%) and the United States ($967.02M, 14.64%) dominated Peru's imports, with the UAE ($374.15M) and Canada ($350.56M) as secondary suppliers.

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

Peru maintained a $1.42B trade surplus despite imports growing slightly faster (27.8%) than exports (24.8%), driven by strong mineral shipments and resilient demand for capital goods.