Monitor Report of PERU trade and PERU-China binational trade in 202002

 1.  Overview the trade of PERU in goods current year until 202002

According to Dalian Infobank, in 202002PERU's exports and imports of goods amounted to 6503.9523 million, and were down 4.17% comparing with the same period of last year. Among these, exports were down 1.62% at 3394.0382 million, and imports were down 6.82% at 3109.9141 million. And the corresponding trade surplus was 284.1241 million and up 152.96%.

During the current year until 202002, PERU's total exports and imports of goods were 13946.4903 million and were down 1.91% comparing to the same period of last year. Among these, exports were 7094.6062 million and down 2.44%; imports were 6851.8841 million and down 1.36%. The total trade surplus was 242.7221 million and down 25.54%.

If considering by country (region), CHINA, UNITED STATES, SOUTH KOREA, CANADA, BRAZIL were PERU's top five trading partners. During the current year until 202002, PERU's imports and exports to five countries/territories were 3561.5515 million, 2532.2935 million, 570.7977 million, 518.0524 million, 499.0640 million. These values correspond to 25.54%, 18.16%, 4.09%, 3.71%, 3.58% of PERU's imports and exports, and, respectively, were down 10.47%, up 3.74%, up 21.14%, up 26.42%, down 16.83% comparing to the same period of last year.

Current year until 202002, PERU and the top five trade partners CHINA, UNITED STATES, SOUTH KOREA, CANADA, SWITZERLAND are the top five countries/territories that PERU exports to in terms of the total export amount. During the current year until 202002, PERU's exports to these five countries/territories were 1818.0755 million, 1033.0631 million, 429.3729 million, 398.8974 million, 318.0056 million. These values correspond to 25.63%, 14.56%, 6.05%, 5.62%, 4.48% of PERU's exports and, respectively, were down 18.61%, up 4.25%, up 38.67%, up 28.07%, down 21.97% comparing with the same period of last year.

Current year until 202002, 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 202002, PERU's imports from these five countries/territories were 1743.4760 million, 1499.2304 million, 353.3001 million, 330.1286 million, 270.0846 million. These values correspond to 25.45%, 21.88%, 5.16%, 4.82%, 3.94% of PERU's total imports and, respectively, were down 0.04%, up 3.40%, down 2.42%, up 44.22%, down 8.34% comparing with the same period of last year.

During the current year until 202002, the trade surplus of PERU was mainly from SWITZERLAND, SOUTH KOREA, CANADA, NETHERLANDS, UNITED ARAB EMIRATES at 290.6107 million, 287.9481 million, 279.7424 million, 192.4274 million, 189.9708 million, and down 24.33%, up 94.45%, up 31.26%, up 16.72%, up 41.32%. And the trade deficits were mainly from UNITED STATES, ARGENTINA, BRAZIL, MEXICO, NIGERIA at 466.1673 million, 311.7016 million, 207.5363 million, 163.7859 million, 127.5441 million, and up 1.56%, up 48.12%, up 67.24%, down 27.28%, up 118.87%.

Current year until 202002, PERU's trade surplus or deficit with top five countries/territories During the current year until 202002,  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 2544.7729 million, 1435.7185 million, 1213.1093 million, 945.2670 million, 783.1636 million, which were down 3.18%, down 10.03%, up 4.96%, down 1.22%, up 19.53% comparing with the same period of last year and account for 18.25%, 10.29%, 8.70%, 6.78%, 5.62% of PERU's total imports and exports.

During the current year until 202002, 26, 71, 08, 27, 74 were PERU's top five traded commodities, with total import and export values of 2519.6956 million, 1207.7080 million, 769.5068 million, 418.9764 million, 357.1767 million. These values correspond to 35.52%, 17.02%, 10.85%, 5.91%, 5.03% of PERU's total exports and, respectively, were down 2.79%, up 4.99%, up 19.96%, down 30.36%, up 70.11% comparing to the same period of last year.

During the current year until 202002, 27, 84, 87, 85, 39 were PERU's top five traded commodities, with total import values of 1016.7420 million, 901.2289 million, 592.6718 million, 584.6904 million, 334.4151 million. These values correspond to 14.84%, 13.15%, 8.65%, 8.53%, 4.88% of PERU's total exports and, respectively, were up 2.27%, down 0.87%, up 8.68%, down 8.12%, down 16.19% comparing to the same period of last year.


2. Current year until 202002, PERU binational trade profile

According to Dalian Infobank, during the current year until 202002, PERU-China binational exports and imports of goods amounted to 3561.5515 million and were down 10.47% comparing with the same period of last year. Among these, exports from PERU to China were 1818.0755 million and down 18.61%, imports from China to PERU were 1743.4760 million and down 0.04%. The total binational trade surplus was 74.5995 million and down 84.77%.

During the urrent year until 202002, commodities with hs2 code, 26, 85, 84, 87, 74, were binational trade's top five traded commodities. They correspond to import and export values of 1498.1791 million, 322.2599 million, 259.7812 million, 138.3859 million, 129.3507 million and makes up 42.07%, 9.05%, 7.29%, 3.89%, 3.63% of the total binational imports and exports. These values were also down 14.14%, down 18.58%, down 2.05%, up 34.99%, up 57.82% comparing to the same period last year.

During the current year until 202002, 26, 74, 23, 08, 03 were the top five traded commodities exported to China from PERU, with export values of 1498.0993 million, 127.3888 million, 113.6037 million, 24.2157 million, 16.2098 million. These values account for 82.40%, 7.01%, 6.25%, 1.33%, 0.89% of PERU's total exports and were down 14.14%, up 59.23%, down 58.03%, down 26.51%, down 43.41% comparing to the same period of last year.

During the current year until 202002, 85, 84, 87, 73, 72 were PERU's top five traded commodities importing from China , with import values of 322.2486 million, 259.4176 million, 138.3652 million, 94.2368 million, 82.3364 million. These values account for 18.48%, 14.88%, 7.94%, 5.41%, 4.72% of PERU's total imports and were down 18.58%, down 2.09%, up 34.97%, up 7.62%, up 23.82% comparing with the same period of last year.


3.Analysis of import and export trends


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