Monitor Report of PERU trade and PERU-China binational trade in 202007

 1.  Overview the trade of PERU in goods current year until 202007

According to Dalian Infobank, in 202007PERU's exports and imports of goods amounted to 0.0000 million, and were down 100.00% comparing with the same period of last year. Among these, exports were down 100.00% at 0.0000 million, and imports were down 100.00% at 0.0000 million. And the corresponding trade 0.0000 million and down 100.00%.

During the current year until 202007, PERU's total exports and imports of goods were 23293.3977 million and were down 54.02% comparing to the same period of last year. Among these, exports were 11301.6958 million and down 56.86%; imports were 11991.7019 million and down 50.97%. The total trade deficit was 690.0061 million and down 139.55%.

If considering by country (region), CHINA, UNITED STATES, SOUTH KOREA, BRAZIL, CANADA were PERU's top five trading partners. During the current year until 202007, PERU's imports and exports to five countries/territories were 5849.3238 million, 4264.1102 million, 938.4246 million, 895.2730 million, 854.7045 million. These values correspond to 25.11%, 18.31%, 4.03%, 3.84%, 3.67% of PERU's imports and exports, and, respectively, were down 57.61%, down 47.38%, down 48.87%, down 61.83%, down 48.62% comparing to the same period of last year.

Current year until 202007, PERU and the top five trade partners CHINA, UNITED STATES, SOUTH KOREA, CANADA, JAPAN are the top five countries/territories that PERU exports to in terms of the total export amount. During the current year until 202007, PERU's exports to these five countries/territories were 3115.9583 million, 1662.2013 million, 690.8857 million, 625.7136 million, 520.0145 million. These values correspond to 27.57%, 14.71%, 6.11%, 5.54%, 4.60% of PERU's exports and, respectively, were down 60.26%, down 45.61%, down 45.25%, down 50.83%, down 57.24% comparing with the same period of last year.

Current year until 202007, 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 202007, PERU's imports from these five countries/territories were 2733.3655 million, 2601.9089 million, 670.8280 million, 629.2098 million, 510.7042 million. These values correspond to 22.79%, 21.70%, 5.59%, 5.25%, 4.26% of PERU's total imports and, respectively, were down 54.13%, down 48.45%, down 52.42%, down 30.11%, down 52.24% comparing with the same period of last year.

During the current year until 202007, the trade surplus of PERU was mainly from SOUTH KOREA, CANADA, CHINA, NETHERLANDS, SWITZERLAND at 443.3469 million, 396.7227 million, 382.5927 million, 347.8406 million, 320.3665 million, and down 35.59%, down 55.00%, down 79.66%, down 45.93%, down 73.84%. And the trade deficits were mainly from UNITED STATES, ARGENTINA, BRAZIL, MEXICO, NIGERIA at 939.7076 million, 602.2304 million, 446.3830 million, 359.4837 million, 163.7804 million, and down 52.80%, down 26.89%, down 5.96%, down 55.40%, up 317.52%.

Current year until 202007, PERU's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 4206.0830 million, 2183.8607 million, 1779.6643 million, 1671.8378 million, 1160.9544 million, which were down 57.05%, down 59.08%, down 56.72%, down 49.39%, down 36.70% comparing with the same period of last year and account for 18.06%, 9.38%, 7.64%, 7.18%, 4.98% of PERU's total imports and exports.

During the current year until 202007, 26, 71, 08, 27, 74 were PERU's top five traded commodities, with total import and export values of 4163.7701 million, 1772.5219 million, 1130.3322 million, 648.2990 million, 608.6199 million. These values correspond to 36.84%, 15.68%, 10.00%, 5.74%, 5.39% of PERU's total exports and, respectively, were down 57.02%, down 56.71%, down 36.12%, down 65.03%, down 43.70% comparing to the same period of last year.

During the current year until 202007, 84, 27, 85, 87, 39 were PERU's top five traded commodities, with total import values of 1611.5450 million, 1535.5617 million, 1066.4102 million, 856.8973 million, 597.9637 million. These values correspond to 13.44%, 12.81%, 8.89%, 7.15%, 4.99% of PERU's total exports and, respectively, were down 48.64%, down 55.91%, down 55.38%, down 60.75%, down 51.36% comparing to the same period of last year.


2. Current year until 202007, PERU binational trade profile

According to Dalian Infobank, during the current year until 202007, PERU-China binational exports and imports of goods amounted to 5849.3238 million and were down 57.61% comparing with the same period of last year. Among these, exports from PERU to China were 3115.9583 million and down 60.26%, imports from China to PERU were 2733.3655 million and down 54.13%. The total binational trade surplus was 382.5927 million and down 79.66%.

During the urrent year until 202007, commodities with hs2 code, 26, 85, 84, 74, 87, were binational trade's top five traded commodities. They correspond to import and export values of 2522.0151 million, 550.2862 million, 410.2559 million, 269.2399 million, 186.1976 million and makes up 43.12%, 9.41%, 7.01%, 4.60%, 3.18% of the total binational imports and exports. These values were also down 58.27%, down 60.85%, down 53.73%, down 44.12%, down 50.73% comparing to the same period last year.

During the current year until 202007, 26, 74, 23, 27, 08 were the top five traded commodities exported to China from PERU, with export values of 2521.9206 million, 266.4229 million, 174.4439 million, 37.0312 million, 35.3314 million. These values account for 80.94%, 8.55%, 5.60%, 1.19%, 1.13% of PERU's total exports and were down 58.27%, down 43.95%, down 79.83%, down 47.87%, down 52.74% comparing to the same period of last year.

During the current year until 202007, 85, 84, 87, 72, 73 were PERU's top five traded commodities importing from China , with import values of 550.2749 million, 409.8642 million, 186.1506 million, 151.9454 million, 140.0560 million. These values account for 20.13%, 14.99%, 6.81%, 5.56%, 5.12% of PERU's total imports and were down 60.85%, down 53.76%, down 50.74%, down 47.48%, down 56.32% comparing with the same period of last year.


3.Analysis of import and export trends


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