Data Insights

Overall, Peru's total trade value for the month decreased by 1.52B USD (-11.55%) compared to the previous month, with imports totaling 5.25B USD and exports at 8.69B USD. Year-on-year, total exports increased by 1.61B USD (22.81%), while imports saw a slight decrease of 5.32M USD (-0.001%). The trade balance remains positive, with exports significantly outpacing imports.

In the month-on-month analysis, imports from Canada saw a significant increase of 63.59M USD, representing a 124.00% change, while imports from the United States increased by 46.43M USD (5.13%). On the lower end, imports from Argentina decreased by 116.1M USD (-36.54%), and imports from Ecuador and Colombia also saw declines of 111.54M USD (-60.15%) and 104.98M USD (-46.38%) respectively. For exports, Japan led with an increase of 128.14M USD (48.32%), followed by India with 82.87M USD (9.65%). Conversely, exports to China dropped by 504.02M USD (-13.90%), and the United States saw a decrease of 387.02M USD (-27.83%).

Year-on-year, imports from China increased by 202.94M USD (12.73%), while Trinidad and Tobago saw a remarkable rise of 51.8M USD (75985.7%). In contrast, imports from Nigeria fell by 165.08M USD (-99.89%), and Ecuador experienced a decline of 130.93M USD (-64.80%). On the export side, India had a substantial increase of 748.5M USD (387.11%), and exports to China rose by 592.62M USD (23.51%). However, exports to the United Arab Emirates decreased by 191.15M USD (-49.25%), and South Korea saw a drop of 34.33M USD (-11.36%).

Overall, Peru's trade dynamics show a significant increase in exports both month-on-month and year-on-year, with total exports rising by 257.38M USD (3.08%) in the last month and 1.85B USD (27.29%) over the year. Imports, however, have decreased by 326.41M USD (-6.15%) month-on-month but increased by 388.03M USD (8.45%) year-on-year. The mining sector continues to play a crucial role in driving export growth, particularly in commodities like copper and gold.

In the month-on-month analysis, Peru's total exports increased by 257.38M USD, reflecting a growth of approximately 3.08%. In contrast, imports saw a decline of 326.41M USD, which is a decrease of about 6.15%. **Country Official:** - **Top 3 Imports:** Brazil (415.45M USD, +136.33M USD, +48.84%), Chile (132.11M USD, +31.61M USD, +31.46%), Trinidad and Tobago (52.12M USD, +24.21M USD, +867.67%). - **Bottom 3 Imports:** United States (755.05M USD, -247.14M USD, -24.66%), Colombia (153.49M USD, -94.18M USD, -38.03%), Canada (29.34M USD, -73.91M USD, -71.58%). - **Top 3 Exports:** China (3.27B USD, +319.31M USD, +10.82%), Canada (507.56M USD, +101.38M USD, +24.94%), Italy (151.99M USD, +82.36M USD, +118.28%). - **Bottom 3 Exports:** Japan (201.89M USD, -94.56M USD, -31.90%), Finland (454.3K USD, -68.4M USD, -99.93%), United States (987.48M USD, -57.92M USD, -5.53%). **Subnat Geography:** - **Top 3 Imports:** Callao Air (570.51M USD, +40.3M USD, +7.06%), Chancay (162.22M USD, +23.29M USD, +16.73%), Chimbote (35.23M USD, +23.12M USD, +192.56%). - **Bottom 3 Imports:** Callao Maritime (3.53B USD, -326.68M USD, -8.43%), Pisco (58.05M USD, -63.37M USD, -52.63%), Paita (134M USD, -22.99M USD, -14.66%). - **Top 3 Exports:** Paita (506.08M USD, +126.48M USD, +33.12%), Callao Air (1.99B USD, +125.62M USD, +6.67%), Ilo (704.86M USD, +86.8M USD, +14.00%). - **Bottom 3 Exports:** Callao Maritime (2.55B USD, -117.38M USD, -4.42%), Chimbote (564.29M USD, -54.09M USD, -8.74%), Mollendo - Matarani (1.17B USD, -27.11M USD, -2.26%). **HS4 Official:** - **Top 3 Imports:** Crude Petroleum (362.75M USD, +80.65M USD, +28.59%), Biodiesel and mixtures thereof (27.09M USD, +27.09M USD, +100.00%), Mixed Mineral or Chemical Fertilizers (41.35M USD, +26.06M USD, +172.56%). - **Bottom 3 Imports:** Precious Metal Ore (46.78M USD, -87.89M USD, -65.00%), Railway Passenger Cars (0 USD, -83M USD, -100.00%), Wheat (26.35M USD, -71.36M USD, -73.00%). - **Top 3 Exports:** Other Fruits (572.4M USD, +200.46M USD, +53.90%), Gold (1.72B USD, +105.4M USD, +6.51%), Copper Ore (2.63B USD, +90.37M USD, +3.56%). - **Bottom 3 Exports:** Tropical Fruits (97.09M USD, -101.34M USD, -51.00%), Zinc Ore (135.06M USD, -76.17M USD, -36.00%), Fish Oil (22.19M USD, -68.66M USD, -75.00%).

In the year-on-year analysis, total exports from Peru increased by 1.85B USD, representing a growth of approximately 27.29%. Imports also saw an increase of 388.03M USD, which is about 8.45%. **Country Official:** - **Top 3 Imports:** China (1.6B USD, +296.43M USD, +22.76%), Trinidad and Tobago (52.12M USD, +52.1M USD, +3912.89%), Colombia (153.49M USD, +51.78M USD, +50.09%). - **Bottom 3 Imports:** Canada (29.34M USD, -78.85M USD, -72.80%), Japan (76.38M USD, -24.57M USD, -24.34%), Italy (92M USD, -21.77M USD, -19.14%). - **Top 3 Exports:** China (3.27B USD, +1.21B USD, +58.39%), India (849.8M USD, +334.18M USD, +64.81%), Australia (216.24M USD, +205.76M USD, +1,000.00%). - **Bottom 3 Exports:** Japan (201.89M USD, -135.03M USD, -40.00%), United Arab Emirates (48.09M USD, -79.7M USD, -62.00%), Philippines (175.36K USD, -77.12M USD, -99.99%). **Subnat Geography:** - **Top 3 Imports:** Callao Maritime (3.53B USD, +164.31M USD, +4.88%), Chancay (162.22M USD, +162.22M USD, +inf), Callao Air (570.51M USD, +48.85M USD, +9.36%). - **Bottom 3 Imports:** Pisco (58.05M USD, -74.87M USD, -56.34%), Mollendo - Matarani (104.73M USD, -58.68M USD, -35.83%), Talara (35.25M USD, -10.33M USD, -22.69%). - **Top 3 Exports:** Callao Air (1.99B USD, +576.84M USD, +40.78%), Mollendo - Matarani (1.17B USD, +399.09M USD, +51.62%), Chimbote (564.29M USD, +180.64M USD, +47.00%). - **Bottom 3 Exports:** Pisco (288.85M USD, -16.91M USD, -5.55%), Talara (5.32M USD, -7.66M USD, -59.00%), Puerto Maldonado (21.61K USD, -7.32K USD, -25.00%). **HS4 Official:** - **Top 3 Imports:** Crude Petroleum (362.75M USD, +42.74M USD, +13.33%), Precious Metal Ore (46.78M USD, +38.57M USD, +4,703.19%), Computers (90.55M USD, +31.57M USD, +53.53%). - **Bottom 3 Imports:** Self-Propelled Rail Transport (0 USD, -55.08M USD, -100.00%), Scrap Iron (21.34M USD, -35.49M USD, -62.45%), Refined Petroleum (285.53M USD, -27.29M USD, -8.74%). - **Top 3 Exports:** Copper Ore (2.63B USD, +925.25M USD, +54.24%), Gold (1.72B USD, +576.21M USD, +50.36%), Coffee (330.07M USD, +131.84M USD, +66.50%). - **Bottom 3 Exports:** Zinc Ore (135.06M USD, -69.94M USD, -34.18%), Petroleum Gas (110.61M USD, -55.64M USD, -33.46%), Refined Petroleum (173.86M USD, -47.51M USD, -21.54%).

Overall, Peru's trade values showed resilience amidst political changes, with total imports reaching 5.47B USD and exports at 8.87B USD. Month-on-month, imports increased by 491.72M USD (9.87%) and exports by 253.81M USD (2.94%). Year-on-year, imports grew by 337.98M USD (6.58%) while exports surged by 1.73B USD (24.26%). This indicates a robust trade performance despite the political instability.

In the month-on-month analysis, Peru's total imports increased by 491.72M USD, reflecting a growth of approximately 9.87%. The top three countries contributing to this increase were China (225.9M USD), the United States (146.78M USD), and Canada (42.33M USD). Conversely, the lowest decreases were seen from Brazil (-120.35M USD), Trinidad and Tobago (-26.18M USD), and Australia (-10.58M USD). For exports, there was a total increase of 253.81M USD, or about 2.94%, with the United States leading at 148.92M USD, followed by Malaysia (111.72M USD) and Japan (106.35M USD). The largest declines in exports were from China (-289.96M USD), India (-74.54M USD), and Germany (-64.85M USD).

Year-on-year, total imports rose by 337.98M USD, a growth of approximately 6.58%. The most significant increases came from China (173.89M USD), Argentina (102.83M USD), and Ecuador (39.4M USD). The largest declines were from Brazil (-113.16M USD), Canada (-47.41M USD), and Saudi Arabia (-18.88M USD). Exports saw a substantial increase of 1.73B USD, or 24.26%, with China (671.22M USD), India (233.62M USD), and Canada (225.1M USD) leading the growth. The lowest declines were from Namibia (-46.35M USD), Hong Kong (-39.45M USD), and the Netherlands (-31.07M USD).

Overall, the analysis indicates a mixed performance in Peru's trade values. Month-on-month, total imports decreased by 439.5M USD (8.03%), while exports fell by 766.51M USD (8.64%). Year-on-year, imports saw a modest increase of 80.28M USD (1.62%), while exports experienced a significant growth of 1.06B USD (15.02%). The total trade flow reflects a challenging month but a more positive year-over-year trend, particularly in exports.

In the month-on-month analysis, total imports decreased by 439.5M USD, reflecting a decline of approximately 8.03%. The highest increase in imports was from Nigeria, with a value of 71.82M USD, showing a significant increase of 190.75%. Canada followed with an increase of 133.72M USD, up by 0.87%. On the other hand, the largest drop in imports was from China, which saw a decrease of 253.94M USD, a decline of 13.92%. In exports, total exports decreased by 766.51M USD, a decline of about 8.64%. The United Arab Emirates led the increase in exports with 221.55M USD, up by 141.37%. Spain also saw a notable increase of 332.34M USD, up by 38.25%. Conversely, exports to China dropped significantly by 472.52M USD, a decrease of 15.86%.

In the year-on-year analysis, total imports increased by 80.28M USD, reflecting a growth of approximately 1.62%. The highest increase in imports was from Nigeria, with a value of 71.82M USD, showing a growth of 146.13%. The United States also contributed significantly with an increase of 878.57M USD, up by 7.05%. However, imports from Brazil saw a decline of 107.3M USD, a decrease of 28.51%. In exports, total exports increased by 1.06B USD, a growth of about 15.02%. The most significant increase in exports came from China, with a value of 2.51B USD, up by 20.09%. Canada also saw a notable increase of 538.21M USD, up by 51.10%. On the downside, exports to Panama decreased by 59.69M USD, a decline of 71.61%.

Overall, Peru's total trade value for the month increased significantly, with exports totaling 9.82B USD, up by 1.72B USD (21.18%), and imports at 5.64B USD, increasing by 603.41M USD (11.99%). Year-on-year, total exports reached 9.82B USD, up by 2.66B USD (37.09%), while imports were at 5.64B USD, increasing by 626.77M USD (12.51%). This indicates a robust growth in trade, particularly in exports, which may be influenced by recent discussions on trade ties with Indonesia.

In the month-on-month analysis, Peru's imports from China saw the highest increase with a trade value of 1.82B USD, reflecting a significant rise of 248.96M USD (15.85%). Argentina followed with 317.74M USD, increasing by 111.67M USD (54.19%). Brazil's imports reached 333.4M USD, up by 64.28M USD (23.89%). On the lower end, imports from Canada dropped to 51.28M USD, down by 82.44M USD (-61.65%). Trinidad and Tobago's imports fell to 25.75M USD, a decrease of 25.96M USD (-50.20%). Indonesia's imports also decreased to 52.74M USD, down by 13.95M USD (-20.93%). For exports, China led with 3.62B USD, an increase of 1.11B USD (44.27%). The United States followed with 1.39B USD, up by 196.71M USD (16.57%). Italy's exports reached 156.05M USD, increasing by 114.71M USD (274.65%). On the downside, Spain's exports fell to 243.57M USD, down by 88.78M USD (-26.71%). Bulgaria reported no exports, a decrease of 46.63M USD (-100%). The Netherlands saw a drop to 248.06M USD, down by 44.65M USD (-15.31%).

In the year-on-year analysis, imports from China totaled 1.82B USD, an increase of 227.36M USD (14.28%). Argentina's imports reached 317.74M USD, up by 106.92M USD (50.72%). Colombia's imports were 218.94M USD, increasing by 67.13M USD (44.22%). Conversely, imports from Canada fell to 51.28M USD, down by 81.8M USD (-61.64%). Thailand's imports decreased to 45.45M USD, down by 16.51M USD (-26.51%). Australia's imports were at 8.22M USD, a drop of 12.18M USD (-59.09%). For exports, China again led with 3.62B USD, a significant increase of 1.4B USD (63.10%). India followed with 858.99M USD, up by 360.54M USD (72.33%). Canada’s exports reached 582.23M USD, increasing by 251.3M USD (76.41%). On the lower end, Japan's exports fell to 265.17M USD, down by 128.79M USD (-32.62%). Hong Kong's exports dropped to 17.55M USD, down by 62.36M USD (-78.04%). South Korea's exports were at 223.25M USD, a decrease of 51.73M USD (-18.87%).