Peru Export Trade Data

Peru Export Trade

Introduction:
Peru is recognized for its diverse export sectors including mining, agriculture, and textiles. These sectors are crucial for meeting international market demands and significantly contribute to Peru's economic growth. This diversity offers substantial opportunities for global importers looking to source high-quality and unique products from Peru.

Economic Overview:
Peru's economy is heavily based on natural resources with major industries including mining, fishing, agriculture, and manufacturing. It ranks among the top 50 global economies, and exports play a vital role, accounting for a significant portion of its GDP. The country is also focusing on economic diversification, particularly in biotechnology and renewable energy sectors, which may enhance its export capabilities.

Political and Regulatory Environment:
Peru's political environment has experienced fluctuations, but recent efforts aim to stabilize and promote economic growth through export-friendly policies. Recent trade agreements, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have bolstered Peru's export dynamics by reducing trade barriers and strengthening economic ties with key global markets.

Opportunities and Challenges for Importers:
Peru offers competitive advantages in sectors such as precious metals, organic coffee, and high-quality textiles. Challenges include occasional political instability and infrastructural issues in remote areas, which can affect logistics and supply chains. However, the growing investment in infrastructure and regulatory reforms are improving the business climate.

Top 10 Export Products:

1. Copper Ore (HS Code: 2603) - Major driver of Peru’s mining sector.
2. Gold (HS Code: 7108) - Key export, highly demanded for investment and manufacturing.
3. Grapes (HS Code: 0806) - Popular for their quality in the fresh produce market.
4. Refined Petroleum (HS Code: 2710) - Processed locally, contributing to energy exports.
5. Zinc (HS Code: 7901) - Important for global metal industries.
6. Asparagus (HS Code: 0709) - Leading in the agriculture export sector.
7. T-shirts (HS Code: 6109) - Reflective of the robust textile industry.
8. Fishmeal (HS Code: 2301) - Critical for global aquaculture feeds.
9. Silver (HS Code: 7106) - Complements the extensive mineral export portfolio.
10. Coffee (HS Code: 0901) - Known globally for its rich quality and flavor.

Top Suppliers:
MARIA VERONICA CORDOVA GUILLEN, FABRICA DE CUBIERTOS SAC INDUSTRIAS BASA SOCIEDAD ANONIMA CERRADA INDUBASA SAC, FRUDIMEX BV BY ORDER HIMAL MAKINA ITHALAT IHRACAT LTD STI

Solution for Global Importers:
We encourage global importers to explore Peru's rich export offerings through Volza’s comprehensive online export data. With Volza, you can quickly navigate and uncover Peru’s export market, helping you identify and seize available opportunities efficiently and effectively. Start exploring today with Volza to tap into a world of exciting trade prospects within minutes.