Top Peru Imports 2025 Q1: Market Insights

Peru Import Portfolio Overview in 2025 Q1

• Dominant import sectors are mineral fuels (HS 27, 15.6%) and machinery (HS 84, 13.7%), reflecting an economy heavily reliant on external energy and capital goods.
• Concentration risk is high. The top two sectors account for nearly 30% of total import value, indicating vulnerability to global price shocks and supply chain disruptions in these specific categories.
• This structure frames Peru as a resource-driven economy dependent on imported energy and industrial equipment to power its mining and agricultural export sectors.

Table: Peru Top Import Product in 2025 Q1 (Source: yTrade)

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Import Key Driver: Mineral Fuels, Mineral Oils and Products of Their Distillation

• The sector is overwhelmingly driven by crude oil (HS 2709, 48%) and refined petroleum products (HS 2710, 46.6%).
• These are primarily raw materials and intermediate goods, representing foundational energy inputs.
• This dominance exists because Peru's economy is anchored in mineral extraction and agriculture, both energy-intensive sectors. Despite being a net energy producer, domestic refining capacity is insufficient, creating a structural need to import crude for processing and finished fuels for consumption.

Table: HS Code 27 Detailed Breakdown

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Import Key Driver: Nuclear Reactors, Boilers, Machinery and Mechanical Appliances

• The sector is led by self-propelled bulldozers and graders (HS 8429, 13.2%) and automatic data processing machines (HS 8471, 12.5%).
• This sector acts as a direct complement to the first. The imported machinery (HS 84) is the capital equipment required to utilize the imported energy (HS 27), primarily in the mining and construction industries.
• Its strategic importance is absolute; it represents the technological backbone for Peru's primary export industries, enabling extraction, processing, and infrastructure development.

Table: HS Code 84 Detailed Breakdown

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Import Key Driver: Vehicles Other Than Railway or Tramway Rolling-Stock

• The sector is driven by imports of passenger vehicles (HS 8703, 33.5%) and goods transport vehicles (HS 8704, 32.2%).
• This represents a stable, legacy import category for finished consumer and industrial goods. It supports domestic consumption and logistics networks rather than direct export production.
• Its role is dual: servicing domestic consumer demand for automobiles and providing the freight capacity necessary for internal goods movement and export logistics.

Table: HS Code 87 Detailed Breakdown

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Frequently Asked Questions

What is Peru's largest import commodity in 2025 Q1?

The largest import category is Mineral fuels, mineral oils and products of their distillation (HS 27), valued at $2.28B. This sector is primarily driven by imports of Crude oil (HS 2709) and Petroleum oils (HS 2710), which together account for 94.56% of the total value.

Which specific Mineral fuels products does Peru import most in 2025 Q1?

Within the Mineral fuels sector, the top imports are Crude oil (HS 2709) at $1.09B (48.00%) and Petroleum oils (HS 2710) at $1.06B (46.56%), which dominate nearly 95% of the category.

Does Peru import Nuclear reactors, boilers, and machinery in 2025 Q1?

Yes. Nuclear reactors, boilers, and machinery (HS 84) is Peru’s second-largest import sector, valued at $2.00B. The primary driver is Self-propelled bulldozers and graders (HS 8429), accounting for 13.24% of the category.

What are the main industries driving Peru's economy?

Peru’s economy is heavily reliant on imports of Mineral fuels (HS 27, $2.28B) and Machinery (HS 84, $2.00B), which together make up 29.33% of total imports. The third-largest sector is Vehicles (HS 87) at $1.31B, indicating a concentrated reliance on energy and industrial goods.

How to find Peru Mineral fuels buyers?

You can access a list of active overseas buyers and importers for Mineral fuels (HS 27) using the yTrade database, which provides detailed shipment records and company contacts for crude oil and petroleum products.