Peru Top 10 Export Destination Countries in 2024 Q3

Peru Top Export Destinations and Market Reach in 2024 Q3

• China dominates: Mainland China accounts for 33.9% of Peru's exports ($6.85B), acting as the primary consumption market.
• Top 3 concentration: China, US (12.79%), and India (6.96%) collectively absorb 53.65% of Peru's exports, indicating moderate dependence on a few key trading partners.
• Global spread: Peru export destinations include distant markets (Switzerland, UAE) alongside regional buyers (Chile), suggesting a diversified but Asia-weighted footprint.

Table: Peru Top Destination Countries in 2024 Q3 (Source: yTrade)

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Peru - Key Destination Country Trading Product Pattern

• Mainland China (33.90%): A massive manufacturing hub with an insatiable demand for industrial raw materials, minerals, and agricultural inputs to fuel its production and feed its population.
• United States (12.79%: A high-consumption economy with strong demand for diverse goods, including specialty food products, textiles, and raw materials for its industrial and construction sectors.
• India (6.96%): A rapidly growing economy requiring substantial imports of metals, fertilizers, and edible oils to support its industrial expansion and agricultural needs.
• Canada (4.74%): An advanced economy with significant purchasing power, importing consumer goods, fresh produce, and specialized industrial components.
• Japan (4.14%): A technologically advanced nation with limited natural resources, heavily reliant on imports of minerals, metals, and foodstuffs to supply its industries and consumers.
• Switzerland (3.41%): A high-income market with a strong focus on quality, importing premium food products, specialized commodities, and materials for its precision manufacturing and pharmaceutical industries.

Frequently Asked Questions

Which countries are the top destinations for Peru's exports in 2024 Q3?

The top 3 destinations are Mainland China ($6.85B), the United States ($2.59B), and India ($1.41B).

What is the dominant export market for Peru?

Mainland China is the primary buyer, accounting for 33.90% of Peru's total exports in Q3 2024.