From January to September 2018, Peru’s trade in goods continued to grow. According to Peruvian customs statistics, the import and export volume of Peru’s goods was US$67.32 billion, an increase of 12.1% over the same period of the previous year (the same below). Thereinto, the exports value was 35.06 billion US dollars, up 13.4%; the imports value was 32.25 billion US dollars, up 10.8%. The trade surplus was 2.81 billion US dollars, an increase of 53.9%.
From January to September 2018, Peru’s exports to China, the United States, South Korea and India accounted for 28.5%, 16.3%, 5.8% and 5.3% of the total exports, respectively. The export value was US$9.98 billion, US$5.71 billion, US$20.1 and US$1.86, respectively.
Imports from China, the United States, Brazil and Ecuador accounted for 22.8%, 21.6%, 5.4% and 4.7% of the total imports, respectively, and the imports were US$7.37 billion, US$6.96 billion, US$1.73 billion and US$1.5 billion, respectively. Exports from China, the United States and Ecuador increased by 13.7%, 17.0% and 40.1% respectively, and exports to Brazil fell by 4.8%.
Minerals, precious metals and products and plant products were the main export commodities of Peru. From January to September 2018, exports of these three products accounted for 47.0%, 15.5% and 9.1% of Peru’s total exports, respectively, at US$16.46 billion, US$5.44 billion and 3.21 billion, an increase of 18.3%, 1.1% and 14.3% respectively. From January to September 2018, Peru’s export growth was stable, and most of the major categories of products achieved growth in different degrees, with an increase of more than 20%.
Electromechanical products, mineral products and chemical products were the top three categories of goods imported by Peru. The total imports of these products from January to September 2018 was US$ 15.86 billion, accounting for 49.2% of the total imports of Peru. In addition, transportation equipment was also the main import category for its major commodities, with a proportion in imports close to 10%. Overall, Peru’s imports have also resumed growth, but the increase is lower than that of the export.
Tradedigits is a US commercial organization that collects comprehensive statistics on goods trade of the world’s 20 major trading countries and it has served for more than 10,000 customers globally. Tradedigits provides Peru import and export data for its users to find Peruvian buyers, understand Peruvian market situation and analyse Peruvian import and export prices.
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