Peru hits record-breaking export numbers in 2024

Peruvian foreign trade keeps breaking records and strengthening its presence in global markets.

Sustained growth and key markets

Incredible! Peru’s foreign trade keeps growing, solidifying its position as a key player in global markets. In 2024, total exports reached USD 74.7 billion — a 15.6 % increase from the previous year. This growth highlights the sector’s dynamism and resilience, showcasing its ability to adapt to global demands and expand into new markets.

Key markets include China, the United States, the European Union, India, Canada, and Japan — all of which have increased their demand for Peruvian products.

Non-traditional exports drive economic growth

Non-traditional exports have been a key driver of growth, rising by 11.3 % to reach USD 20.6 billion. This sector — which includes agribusiness, metalworking, and manufacturing — creates jobs and adds value, reinforcing the national economy.

Peru’s natural wealth is reflected in products like blueberries, asparagus, grapes, quinoa, and fishmeal, which lead the global market. Additionally, trade agreements have played a crucial role in boosting exports, granting preferential access to 22 strategic markets.

With optimistic projections for 2025, the challenge lies in further diversifying exports and enhancing Peru’s presence in global trade.

Source: PROMPERÚ

Peru’s export performance in 2024 showcases the country’s strength and competitiveness in global trade. With steady growth and a diverse range of exports, Peru has solidified its presence in key markets, creating opportunities across various productive sectors.

Looking ahead to 2025, the challenge will be to further strengthen the internationalization of companies, expand market diversification, and ensure sustainable, inclusive growth that benefits every region of the country.

Important facts

• By 2025, total exports are projected to reach USD 77 billion, with non-traditional exports expected to surpass USD 22 billion.
• The challenge is to achieve sustainable, inclusive growth that reaches more regions and strengthens diverse productive sectors across the country.
• MINCETUR, through PROMPERÚ, will continue supporting the international expansion of companies.