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Monitor Report of PERU trade and PERU-China binational trade in 202001

 1.  Overview the trade of PERU in goods current year until 202001

According to Dalian Infobank, in 202001, PERU's exports and imports of goods amounted to 7442.5380 million, and were up 0.16% comparing with the same period of last year. Among these, exports were down 3.19% at 3700.5680 million, and imports were up 3.69% at 3741.9700 million. And the corresponding trade deficit was 41.4020 million and down 119.38%.

During the current year until 202001, PERU's total exports and imports of goods were 7442.5380 million and were up 0.16% comparing to the same period of last year. Among these, exports were 3700.5680 million and down 3.19%; imports were 3741.9700 million and up 3.69%. The total trade deficit was 41.4020 million and down 119.38%.

If considering by country (region), CHINA, UNITED STATES, CANADA, SOUTH KOREA, BRAZIL were PERU's top five trading partners. During the current year until 202001, PERU's imports and exports to five countries/territories were 1921.7763 million, 1486.2654 million, 305.8512 million, 295.7228 million, 267.6937 million. These values correspond to 25.82%, 19.97%, 4.11%, 3.97%, 3.60% of PERU's imports and exports, and, respectively, were down 6.52%, up 3.38%, up 31.81%, up 19.25%, down 9.72% comparing to the same period of last year.

Current year until 202001, PERU and the top five trade partners CHINA, UNITED STATES, CANADA, SOUTH KOREA, SWITZERLAND are the top five countries/territories that PERU exports to in terms of the total export amount. During the current year until 202001, PERU's exports to these five countries/territories were 968.6735 million, 618.1906 million, 236.4780 million, 213.5927 million, 169.0530 million. These values correspond to 26.18%, 16.71%, 6.39%, 5.77%, 4.57% of PERU's exports and, respectively, were down 15.82%, down 3.64%, up 32.22%, up 34.76%, down 22.71% comparing with the same period of last year.

Current year until 202001, PERU's exports to top five countries/territories CHINA, UNITED STATES, BRAZIL, ARGENTINA, MEXICO are the top five countries/territories that PERU imports from in terms of the total export amount. During the current year until 202001, PERU's imports from these five countries/territories were 953.1028 million, 868.0748 million, 201.7619 million, 185.2245 million, 133.7536 million. These values correspond to 25.47%, 23.20%, 5.39%, 4.95%, 3.57% of PERU's total imports and, respectively, were up 5.31%, up 9.05%, up 1.84%, up 71.91%, down 11.27% comparing with the same period of last year.

During the current year until 202001, the trade surplus of PERU was mainly from CANADA, SWITZERLAND, SOUTH KOREA, UNITED ARAB EMIRATES, NETHERLANDS at 167.1048 million, 152.4266 million, 131.4626 million, 101.2919 million, 96.6994 million, and up 33.00%, down 26.08%, up 90.48%, up 14.09%, down 18.28%. And the trade deficits were mainly from UNITED STATES, ARGENTINA, BRAZIL, MEXICO, NIGERIA at 249.8842 million, 175.3930 million, 135.8301 million, 86.5329 million, 72.1784 million, and up 61.71%, up 75.22%, up 36.18%, down 25.18%, down 12926.99%.

Current year until 202001, PERU's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 26, 27, 71, 84, 08, were PERU's top five traded commodities. They correspond to the import and export values of 1276.8576 million, 837.3901 million, 658.1779 million, 525.0624 million, 491.4554 million, which were down 2.60%, up 4.86%, up 7.15%, up 4.39%, up 10.14% comparing with the same period of last year and account for 17.16%, 11.25%, 8.84%, 7.05%, 6.60% of PERU's total imports and exports.

During the current year until 202001, 26, 71, 08, 27, 74 were PERU's top five traded commodities, with total import and export values of 1260.5876 million, 655.2539 million, 484.4501 million, 239.4122 million, 138.2210 million. These values correspond to 34.06%, 17.71%, 13.09%, 6.47%, 3.74% of PERU's total exports and, respectively, were down 2.65%, up 7.18%, up 10.06%, down 19.78%, down 16.15% comparing to the same period of last year.

During the current year until 202001, 27, 84, 85, 87, 39 were PERU's top five traded commodities, with total import values of 597.9779 million, 503.5306 million, 336.5367 million, 305.9651 million, 189.5705 million. These values correspond to 15.98%, 13.46%, 8.99%, 8.18%, 5.07% of PERU's total exports and, respectively, were up 19.56%, up 3.99%, up 4.43%, up 10.72%, down 13.22% comparing to the same period of last year.


2. Current year until 202001, PERU binational trade profile

According to Dalian Infobank, during the current year until 202001, PERU-China binational exports and imports of goods amounted to 1921.7763 million and were down 6.52% comparing with the same period of last year. Among these, exports from PERU to China were 968.6735 million and down 15.82%, imports from China to PERU were 953.1028 million and up 5.31%. The total binational trade surplus was 15.5708 million and down 93.66%.

During the urrent year until 202001, commodities with hs2 code, 26, 85, 84, 87, 23, were binational trade's top five traded commodities. They correspond to import and export values of 799.0193 million, 200.2598 million, 151.0244 million, 80.1112 million, 69.6289 million and makes up 41.58%, 10.42%, 7.86%, 4.17%, 3.62% of the total binational imports and exports. These values were also down 9.08%, up 0.64%, up 13.15%, up 38.41%, down 38.14% comparing to the same period last year.

During the current year until 202001, 26, 23, 74, 08, 03 were the top five traded commodities exported to China from PERU, with export values of 798.9695 million, 68.8643 million, 53.4629 million, 20.1540 million, 10.6176 million. These values account for 82.48%, 7.11%, 5.52%, 2.08%, 1.10% of PERU's total exports and were down 9.07%, down 37.89%, down 29.93%, down 2.84%, up 43.42% comparing to the same period of last year.

During the current year until 202001, 85, 84, 87, 39, 73 were PERU's top five traded commodities importing from China , with import values of 200.2485 million, 150.6608 million, 80.0905 million, 48.3718 million, 42.9893 million. These values account for 21.01%, 15.81%, 8.40%, 5.08%, 4.51% of PERU's total imports and were up 0.65%, up 12.88%, up 38.37%, down 7.29%, down 15.05% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Instituto Nacional de Estadística e Informática (INEI)