2025 Mar Peru Global Trade Data Summary: Exports Rise, Surplus Narrows

Peru import and export data from yTrade shows a 9.89% YoY export rise to $6.08B, but the surplus narrows as imports grow faster. China dominates trade flows.

Peru 2025 Mar Trade Data Key Takeaways

  • Market Trend: Peru trade data shows exports up 9.89% YoY to $6.08B, but surplus narrows as imports grow faster (15.24%).
  • Key Driver: Peru import export data reveals China dominates exports (34.3%) and imports (30.5%), with metals and fuels driving flows.
  • Strategic Risk: Raw-material export reliance (60% from ores/metals) exposes economy to commodity swings and processing gaps.

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

Peru 2025 Mar Trade Data Trend Overview

  • Peru's global trade data reflects its role as a mineral-driven economy, with exports heavily weighted toward copper and other metals.
  • Peru import export data for March 2025 shows exports of $6.08B, a 9.89% YoY gain, while imports of $4.96B rose 15.24% YoY, indicating robust domestic demand.
  • The trade surplus narrowed to $1.12B, pressured by the faster growth in import spending relative to export earnings.
  • The export strength was supported by high metal prices, which improved the country's terms of trade and partially offset the impact of new U.S. tariffs [BBVA Research].

Table: Import Key Metrics (Source: yTrade)

PeriodTotal ValueTotal QtyMoM (%)YoY (%)
2025034.96B3.46B-15.24%

Table: Export Key Metrics (Source: yTrade)

PeriodTotal ValueTotal QtyMoM (%)YoY (%)
2025036.08B4.71B-9.89%

Get Historical Peru Trade Data

Peru 2025 Mar 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 (34%), precious metals (22%), and edible fruits (6%)—account for over 60% of total exports. Imports are more diversified, led by mineral fuels (15%), machinery (13%), and vehicles (10%), reflecting a reliance on industrial inputs and consumer goods. The trade structure shows high concentration in raw material exports, posing dependence risks, while imports highlight gaps in manufacturing and energy infrastructure. Key takeaways:

  • Exports are dominated by raw materials with limited value-added processing.
  • Imports focus on machinery and fuels, indicating industrial and energy needs.
  • Low export diversification increases vulnerability to commodity price swings.

Peru Export-Import Structural Gap

Peru’s trade pattern reveals a classic resource-exporting economy: it ships raw materials (ores, metals, agricultural goods) and imports finished products (machinery, vehicles, electronics). The lack of overlap between top export and import HS codes suggests minimal processing trade or industrial upgrading. For example, while Peru exports copper (HS 74), it imports machinery (HS 84) to process it elsewhere. This gap underscores opportunities to develop domestic manufacturing, especially in metals and agriculture, to capture more value. The reliance on fuel imports (HS 27) also points to energy supply challenges.

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

Import HS CodeImport DescriptionImport ValueImport %Export HS CodeExport DescriptionExport ValueExport %
27Mineral fuels, mineral oils and products of the...734.08M14.80%26Ores, slag and ash2.07B34.08%
84Nuclear reactors, boilers, machinery and mechan...666.63M13.44%71Natural or cultured pearls, precious or semi-pr...1.34B22.08%
87Vehicles other than railway or tramway rolling-...493.34M9.95%08Edible fruit and nuts; peel of citrus fruit or ...373.19M6.13%
85Electrical machinery and equipment and parts th...437.63M8.82%74Copper and articles thereof365.81M6.01%
39Plastics and articles thereof226.54M4.57%27Mineral fuels, mineral oils and products of the...355.44M5.84%
72Iron and steel179.09M3.61%23Residues and waste from the food industries; pr...210.83M3.47%
10Cereals152.21M3.07%03Fish and crustaceans, molluscs and other aquati...136.26M2.24%
73Articles of iron or steel126.66M2.55%80Tin and articles thereof112.70M1.85%
30Pharmaceutical products104.13M2.10%18Cocoa and cocoa preparations97.52M1.60%
40Rubber and articles thereof93.99M1.89%61Articles of apparel and clothing accessories, k...93.77M1.54%

Check Detailed Peru Trade HS Code Breakdown

Peru 2025 Mar Top Trading Countries

Peru Global Trade Key Patterns

Peru's exports show strong concentration, with Mainland China accounting for 34.3% ($2.09B) of total exports, followed by the U.S. (10.7%, $648.7M) and the UAE (6%, $364M). The top 10 destinations span Asia, North America, Europe, and the Middle East, indicating some diversification beyond China. Imports are also heavily reliant on Mainland China (30.5%, $1.51B) and the U.S. (20.2%, $1B), with Latin American suppliers like Argentina (5.4%) and Brazil (4.8%) playing smaller roles. Key asymmetries include higher export dependence on China compared to imports, while the U.S. holds a larger import share than export share.

  • Exports: China-dominated but globally distributed.
  • Imports: Dual reliance on China and the U.S., with regional Latin American support.
  • Overlap: China, U.S., India, Japan, and Chile appear in both lists, suggesting processing trade links.

Peru Export–Import Geographic Gap

Exports reach more diversified markets (Asia, Middle East, Americas) while imports depend heavily on China and the U.S., creating a supply-chain vulnerability. The overlap in key partners like China and the U.S. hints at two-way trade flows, possibly for manufacturing inputs. Import sources are more regionally focused (Americas + China) compared to exports, which target distant high-demand markets. The structure suggests Peru diversifies downstream sales but faces upstream supplier concentration risks, particularly in industrial goods. Trade with neighbors like Chile and Colombia remains limited relative to major partners.

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

Origin CountryImport ValueImport %Destination CountryExport ValueExport %
Mainland China2.09B34.31%Mainland China1.51B30.48%
United States648.68M10.66%United States1.00B20.17%
United Arab Emirates364.04M5.98%Argentina269.21M5.43%
Canada343.48M5.65%Brazil235.92M4.76%
India298.82M4.91%Mexico160.14M3.23%
South Korea240.12M3.95%Colombia149.10M3.01%
Netherlands215.10M3.54%India137.50M2.77%
Japan193.17M3.18%Germany104.89M2.11%
Chile172.55M2.84%Japan99.55M2.01%
Switzerland169.43M2.78%Chile98.07M1.98%

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Frequently Asked Questions

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

Peru's top exports in March 2025 were ores, slag, and ash (34.08% share, $2.07B), followed by natural or cultured pearls and precious metals (22.08%, $1.34B), and edible fruits/nuts (6.13%, $373.19M).

What are the main products Peru imports in 2025 Mar?

Peru primarily imported mineral fuels/oils (14.80%, $734.08M), machinery/mechanical appliances (13.44%, $666.63M), and vehicles (9.95%, $493.34M) in March 2025.

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

Mainland China was the largest export destination (30.48%, $1.51B), followed by the United States (20.17%, $1.00B) and Argentina (5.43%, $269.21M).

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

Mainland China dominated Peru’s imports (34.31%, $2.09B), with the United States (10.66%, $648.68M) and the United Arab Emirates (5.98%, $364.04M) as other key suppliers.

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

Peru recorded a $1.12B trade surplus in March 2025, though imports grew faster (15.24% YoY) than exports (9.89% YoY), narrowing the surplus. High metal prices supported export earnings.

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