Peru - Netherlands Trade 2024 Whole Year: $2.16B Surplus

Key Market Takeaways: Peru - Netherlands Trade

The bilateral trade relationship between Peru and Netherlands is marked by Peru's dominant export surplus and volatile monthly trade flows in 2024.

• Peru holds a $2.16B trade surplus, with exports ($2.43B) dwarfing imports ($265.71M), reflecting a lopsided but favorable economic position.
• Peru - Netherlands trade statistics reveal a classic resource-for-tech exchange: Peru supplies edible fruits (56.84% of exports) while importing machinery (25.65% of imports) for industrial development.
• Highly complementary economies, with the Netherlands leveraging high-value manufacturing and Peru relying on primary commodity exports—a dynamic ripe for supply chain optimization.

This bilateral trade snapshot is based on verified customs data from the yTrade database.

Peru-Netherlands Trade Trend in Whole Year 2024

Peru Export Performance: Shipments to Netherlands

• Total Volume: $2.43B in 2024.
• Growth Trend & Context: YoY data unavailable (0.0% for all months). No significant news to contextualize trends.
• Key Volatility: October saw the highest exports ($328.30M, +45.08% MoM), while December recorded the sharpest drop ($177.54M, -47.4% MoM).

Peru Import Performance: Sourcing from Netherlands

• Total Volume: $265.71M in 2024.
• Growth Trend & Context: YoY data flat (0.0% for all months). No news to explain fluctuations.
• Key Volatility: July imports peaked ($27.86M, +87.06% MoM), while March and May saw steep declines (-22.04% and -33.49% MoM, respectively).

Peru - Netherlands Trade Balance & Market Dynamics

• Net Position: Peru holds a trade surplus of $2.16B (Exports: $2.43B > Imports: $265.71M).
• Relationship Status: Dominant net exporter role, with exports nearly 9x higher than imports. Trade appears lopsided in Peru’s favor.

Peru Import Trend from Netherlands 2024 Whole Year (Source: yTrade)**

Peru Export Trend to Netherlands 2024 Whole Year (Source: yTrade)**

Get Historical Peru Netherlands Trade Records

Peru-Netherlands Top Trading Products in Whole Year 2024

Peru Export Profile: What Does Peru Sell to Netherlands

• Top Commodity: HS Code 08 (Edible fruit and nuts) dominates with 56.84% share.
• Demand Driver: Netherlands imports these for industrial processing (e.g., food manufacturing) and consumer market distribution.
• Concentration: Highly concentrated—HS Code 08 alone accounts for over half of exports.

Peru Import Profile: What Does Peru Buy from Netherlands

• Top Commodity: HS Code 84 (Nuclear reactors, boilers, machinery) leads with 25.65% share.
• Dependency Nature: Critical technology dependency, as machinery imports support Peru's industrial and infrastructure development.

Peru - Netherlands Trade Relationship Dynamics

• The Exchange Model: Resource-for-Tech Complementarity—Peru exports raw materials (fruits, minerals) while importing high-value machinery and pharmaceuticals.
• Value Chain Position: Netherlands holds the higher value-add position, supplying advanced goods, while Peru provides primary commodities.

Import Analysis by Product: Netherlands to Peru (Source: yTrade)

Export Analysis by Product: Peru to Netherlands (Source: yTrade)

Check Detailed Peru-Netherlands Trade HS Code Breakdown

Future Outlook & Strategic Recommendations

Forecast

Peru’s trade surplus with the Netherlands is expected to hold steady in 2025, driven by sustained demand for edible fruits and nuts (HS Code 08) as Dutch food processors and retailers continue sourcing high-quality Peruvian produce. However, volatility in monthly export volumes—evident in 2024’s sharp swings—suggests traders should prepare for supply chain disruptions or seasonal demand shifts. On the import side, machinery (HS Code 84) will remain critical for Peru’s industrial growth, but flat YoY figures indicate no major surge in Dutch tech exports. The Peru-Netherlands trade forecast hinges on maintaining this complementary exchange, though diversification could mitigate overreliance on a few key commodities.

Strategic Moves

• Lock in Long-Term Agri-Contracts: Peruvian fruit exporters should secure multi-year deals with Dutch buyers to stabilize revenue and reduce price volatility, leveraging the Netherlands’ role as a European distribution hub.
• Diversify Export Markets for Resilience: While HS Code 08 dominates, Peru must expand into secondary export categories (e.g., minerals or fish products) to avoid overexposure to a single commodity’s demand shocks.
• Boost Dutch Machinery Imports Strategically: Peruvian industrial firms should target high-value Dutch equipment (e.g., renewable energy tech) under preferential trade terms, ensuring tech transfers align with local infrastructure needs.

Frequently Asked Questions

How did Peru - Netherlands trade perform in 2024 Whole Year?

Peru exported $2.43B to the Netherlands and imported $265.71M, with no significant YoY growth observed for either exports or imports.

What are the top exports from Peru to Netherlands?

Edible fruit and nuts (HS Code 08) dominate Peru’s exports to the Netherlands, accounting for 56.84% of total shipments.

What does Peru import from Netherlands?

Peru’s top imports from the Netherlands include nuclear reactors, boilers, and machinery (HS Code 84), making up 25.65% of total imports.

What is the trade balance between Peru and Netherlands?

Peru holds a trade surplus of $2.16B with the Netherlands, as exports far exceed imports by nearly 9 times.