June 2025 Overview: Key Trends in Peru’s $4.56 Billion Import Market

Publishing Date：2025-07-22 14:29:01 Source: NBD Data(en.nbd.ltd)

In June 2025, Peru recorded a total import value of $4.56 billion, marking a 9.71% decrease from the previous month’s $5.05 billion. This downturn was accompanied by 1,083,569 trade records, reflecting a modest contraction in import activity. The number of active Peruvian importing companies reached 13,104, signaling consistent domestic participation despite the overall volume decline.

Peru's import performance over the past six months has displayed considerable fluctuation. In January 2025, imports peaked at $5.19 billion, followed by a notable dip to $4.07 billion in February. March saw a recovery to $4.95 billion, while April registered a minor correction to $4.66 billion. The surge continued in May to $5.05 billion, before easing back to $4.56 billion in June. Domestic company involvement remained robust throughout, ranging from 11,156 to 13,474, and total monthly trade records consistently hovered above the 1 million mark. These figures reflect sustained import demand, albeit with short-term volatility in volume.

The United States remained Peru’s leading trade partner in June, exporting goods worth $1.14 billion. This exchange involved 2,801 Peruvian importers and 1,283 U.S. suppliers, covering 2,312 product categories, underlining the strategic depth of bilateral commerce.

China followed with $716 million in exports, a relationship dominated by 6,516 Peruvian buyers and 2,021 Chinese vendors, encompassing 2,610 distinct commodities. China's broad product scope and strong supplier base underscore its pivotal role in Peru's industrial and consumer sectors.

Hong Kong (China) ranked third with $266 million in shipments, distributed across 842 Peruvian companies and 307 suppliers, spanning 1,239 product types. Its contribution reflects a focused yet significant technological and electronics component within Peru’s imports.

Singapore supplied $256 million, engaging 227 Peruvian importers and 61 Singaporean firms, across 492 products. While the partner base is narrower, the high per-company trade volume suggests targeted industrial transactions.

The next six trade partners—Switzerland, Brazil, Uruguay, Chile, Spain, and South Korea—collectively contributed over $1.2 billion. These markets offered notable diversity, with strong sectoral representation in chemicals, machinery, automotive parts, and metals, distributed through a broad network of more than 4,500 Peruvian companies and 1,400 foreign suppliers.

In terms of growth, Estonia led all partners with a staggering +2,088.25% increase, reaching $610,027 in trade value. This leap may be tied to niche industrial inputs or trial shipments scaling up rapidly.

Suriname showed similarly explosive growth of +2,020.02%, totaling $547,140, possibly indicating new resource-based transactions or bilateral agreements.

Morocco’s exports to Peru rose +1,369.06% to $8.49 million, suggesting strong demand in mineral or chemical sectors.

Zambia and Kenya posted growth rates of +1,040.82% and +711.55%, respectively. Though absolute values remain modest, such increases often precede long-term supply chain integration.

Among product categories, HS Code 271012 — [Petroleum oils and preparations] — led with $65.61 million, up +175.66% month-on-month. Major importers included REFINERIA LA PAMPILLA S.A.A, VALERO PERU S.A.C., and MOBIL PETROLEUM OVERSEAS COMPANY LIMITED, SUCURSAL DEL PERU.

Next, HS Code 720720 — [Semi-finished non-alloy steel]— rose +56.35% to $29.65 million, driven by CORPORACION ACEROS AREQUIPA S.A., EMPRESA SIDERURGICA DEL PERU S.A.A., and STROBBE HNOS S.R.L.

HS Code 842951 — [Front-end shovel loaders]— increased +30.06%, reaching $21.54 million, with top importers including FERREYROS SOCIEDAD ANÓNIMA, UNIMAQ S.A., and IPESA S.A.C..

HS Code 261690 — [Precious metal ores excluding silver]— grew +29.55% to $68.23 million, led by TRAFIGURA PERU S.A.C., IXM TRADING PERU S.A.C., and HUMON LATIN AMERICA S.A..

Lastly, HS Code 870121 — Motor vehicles for transport of persons — rose +24.53%, totaling $32.4 million, supported by SCANIA DEL PERU S A, VOLVO PERU S A, and DIVEIMPORT S.A..

In conclusion, Peru’s June 2025 import market reflects both cyclical correction and emerging structural shifts. Despite a monthly decline, active company participation and rising volumes in key product sectors suggest resilience. The emergence of new trade partners and sharp commodity-specific growth may indicate evolving sourcing strategies and supply diversification trends, warranting close observation in the coming quarters.

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