Peru Top 10 Export Destination Countries in 2024 Q4

Peru's top export destinations in Q4 2024 show China leading with 30.37% share, while the U.S. and India round out a concentrated yTrade market with global reach beyond regional neighbors.

Peru Top Export Destinations and Market Reach in 2024 Q4

  • Dominant Market: Mainland China accounts for 30.37% ($6.25B) of Peru's exports, solidifying its role as the primary consumption market.
  • Market Dependence: Top 3 partners (China, U.S., India) hold 54.83% share—indicating moderate concentration risk in Peru export destinations.
  • Global Reach: Exports span distant economies (U.S., Netherlands, Japan) over regional neighbors, reflecting a diversified but logistics-heavy trade flow.

Table: Peru Top Destination Countries in 2024 Q4 (Source: yTrade)

Destination CountriesValuePercent
Mainland China6.25B30.37%
United States3.35B16.26%
India1.69B8.20%
Canada1.12B5.47%
Netherlands843.36M4.10%
Japan836.56M4.07%
Switzerland776.78M3.77%
Spain603.44M2.93%
Chile529.87M2.57%
South Korea474.92M2.31%

Get Complete Peru Export Destination Countries Profile

Peru - Key Destination Country Trading Product Pattern

  • Mainland China (30.37%): China's massive manufacturing base and large population drive its demand for Peru's raw materials and agricultural goods, particularly minerals and fishmeal.
  • United States (16.26%): The US market imports a wide range of Peruvian products, from high-value agricultural exports like asparagus and grapes to metals and textiles.
  • India (8.20%): India's growing economy and industrial sector create consistent demand for Peruvian copper and gold, key inputs for its manufacturing and construction industries.
  • Canada (5.47%): Canada imports Peruvian metals for its resource sector and agricultural products, benefiting from trade agreement provisions that facilitate market access.
  • Netherlands (4.10%): The Netherlands serves as a major European trade and distribution hub, re-exporting Peruvian agricultural products, such as fruits and coffee, throughout the continent.
  • Japan (4.07%): Japan's advanced economy requires a steady supply of high-quality mineral resources from Peru, especially copper for its electronics and automotive industries.

Frequently Asked Questions

Which countries are the top destinations for Peru's exports in 2024 Q4?

The top 3 destinations are Mainland China ($6.25B), the United States ($3.35B), and India ($1.69B).

What is the dominant export market for Peru?

Mainland China is the primary buyer, accounting for 30.37% of Peru's total exports in Q4 2024 ($6.25B).

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