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Peru

All products

Applied tariffs

Simple average MFN applied 2025
2.3 %
Trade-weighted MFN average 2023
1.7 %
Share of MFN duty-free 2025
69.1 %

Source of data: World Tariff Profiles, UN Comtrade

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
29.6 %
Binding coverage
100.0 %
Share of bound duty-free
1.8 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 54,930.7 million USD in 2024

Imports by partner

China
28.8 % 15,806.6 million USD
United States of America
18.2 % 9,999.3 million USD
European Union
9.0 % 4,952.7 million USD
Brazil
6.3 % 3,473.6 million USD
Argentina
5.2 % 2,880.4 million USD
Mexico
3.1 % 1,682.9 million USD
Ecuador
2.9 % 1,616.4 million USD
Colombia
2.7 % 1,486.0 million USD
Canada
2.6 % 1,431.1 million USD
Chile
2.3 % 1,253.7 million USD
Rest of the World
18.8 % 10,347.9 million USD

Source of data: UN Comtrade

Imports by products HS 2022

270900 Petroleum oils and oils obtained from bituminous minerals, crude
7.1 % 3,925.4 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
3.8 % 2,112.1 million USD
271020 Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations n.e.s. or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing biodiesel (excl. waste oils)
3.1 % 1,720.1 million USD
851713 Smartphones for wireless networks
2.0 % 1,096.3 million USD
100590 Maize (excl. seed for sowing)
1.8 % 980.0 million USD
271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
1.5 % 822.9 million USD
870322 Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.000 cm³ but <= 1.500 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.3 % 733.2 million USD
230400 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
1.3 % 689.5 million USD
100199 Wheat and meslin (excl. seed for sowing, and durum wheat)
1.1 % 626.1 million USD
847130 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
1.0 % 568.4 million USD
Rest of the products
75.8 % 41,656.7 million USD

Source of data: UN Comtrade

Exports

Total exports: 74,032.9 million USD in 2024

Exports by destination

China
33.6 % 24,839.1 million USD
United States of America
12.9 % 9,581.6 million USD
European Union
11.1 % 8,243.9 million USD
India
6.3 % 4,693.7 million USD
Canada
5.2 % 3,840.3 million USD
Japan
4.6 % 3,375.3 million USD
Switzerland
3.6 % 2,646.0 million USD
Chile
2.8 % 2,108.3 million USD
Korea, Republic of
2.7 % 2,027.0 million USD
United Arab Emirates
2.6 % 1,937.8 million USD
Rest of the World
14.5 % 10,739.9 million USD

Source of data: UN Comtrade

Exports by products HS 2022

260300 Copper ores and concentrates
27.7 % 20,489.2 million USD
710812 Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
17.2 % 12,756.3 million USD
740311 Copper, refined, in the form of cathodes and sections of cathodes
3.4 % 2,518.7 million USD
081040 Fresh cranberries, bilberries and other fruits of the genus Vaccinium
3.0 % 2,211.9 million USD
260800 Zinc ores and concentrates
2.4 % 1,759.3 million USD
260111 Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites)
2.4 % 1,752.5 million USD
080610 Fresh grapes
2.3 % 1,726.3 million USD
230120 Flours, meals and pellets of fish or crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption
2.2 % 1,620.4 million USD
261390 Molybdenum ores and concentrates (excl. roasted)
2.1 % 1,571.3 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.0 % 1,510.1 million USD
Rest of the products
35.3 % 26,116.8 million USD

Source of data: UN Comtrade

Preferential regimes provided by Peru

Peru as a beneficiary based on other economies reported preferential regimes