Top Export Trading Partners of Peru - Volza

Peru's primary export trading partners in 2023 are crucial to its economy. Top partners included China (28% of exports, $14 billion), the United States (18%, $9 billion), Switzerland (10%, $5 billion), South Korea (7%, $3.5 billion), and Japan (6%, $3 billion).

Key exports to these countries include minerals (copper, gold, zinc), agricultural products (coffee, asparagus, avocados), and fish products. Trade agreements such as the Peru-China Free Trade Agreement, the United States-Peru Trade Promotion Agreement, and regional agreements within the Pacific Alliance facilitate smoother trade flows.

Peru's GDP growth rate stands at 3.2%, with an inflation rate of 2.5%, influencing its export dynamics and trade policies. Strategic incentives and government support for export-oriented sectors, along with logistical advantages such as access to major Pacific shipping routes, enhance Peru's export performance. The country’s focus on mining and agriculture significantly influences its trade relationships.