Peru: trade value 2015-2021, by trade flow type
Import and export trade
International trade refers to the exchange of capital, goods and services across international borders or territories. The term "imports" refer to the form of trade in which goods that are grown, produced or manufactured in other countries are bought into a specific country. While, on the other hand, the term "exports" implies a trade in which goods that are grown, produced, or manufactured in a country are sold internationally.
Peru's leading trade partners
Prior to 2020, the leading trading partners of Peru were China and the United States. In 2019, Peru imported goods worth more than 10 billion U.S. dollars from China, while the exports were valued at almost three billion dollars more than and the imports. Meanwhile, this South American country exported nearly six billion U.S. dollars from the United States. That same year, the most exported products from Peru were ores, slag, and ash, followed by pearls, precious or semi-precious stones.