Peru Exports Hit Record US$90 Billion in 2025, Leading the Andean Community
PERU · TRADE
Key Facts
—Andean leader: Peru exported US$90.5 billion in 2025, 48.3 percent of the Andean Community’s total of US$187.5 billion, the bloc’s statistics show.
—Fastest grower: Peruvian exports rose 20.5 percent, the strongest rate in the bloc, ahead of Ecuador (7.9 percent), Bolivia (7.1 percent) and Colombia (1.3 percent).
—National record: Peru’s trade ministry puts the 2025 figure at US$90.1 billion, up 21 percent on 2024 and the highest in the country’s history.
—Surplus streak: The central bank reports 24 consecutive quarters of trade surplus, with the annualized surplus at a record 12 percent of GDP.
—Regional ladder: Peru is now Latin America’s fourth-largest exporter, behind Mexico, Brazil and Chile, after overtaking Argentina in 2025.
—Next target: The government has set a goal of US$100 billion in exports for 2026.
Peru exports reached a record US$90 billion in 2025 and made up nearly half of all Andean Community sales abroad, while the central bank counted a 24th straight quarter of trade surplus.
Peru Exports Took Half of the Andean Market
The Andean Community’s four members — Peru, Colombia, Ecuador and Bolivia — exported US$187.5 billion to the world in 2025, up 11.5 percent on the year before. The figure comes from the bloc’s General Secretariat in Lima.
Peru alone accounted for US$90.5 billion of that total, a 48.3 percent share. Colombia followed with US$50.2 billion, Ecuador with US$37.2 billion and Bolivia with US$9.6 billion.
Peru also grew fastest, at 20.5 percent. Sales outside the bloc told the same story: Peru generated 49.3 percent of the community’s exports to non-member countries.
Inside the bloc, trade is smaller and Colombia still leads. Intra-community exports reached US$9.8 billion, with Colombia holding 35.6 percent and Peru 30.3 percent.
A Record Year in Peru’s Own Count
Peru’s trade ministry, Mincetur, puts the 2025 total at US$90.1 billion, up 21 percent on 2024. December alone brought US$9.4 billion, the highest monthly figure ever recorded.
Traditional products, led by mining, contributed US$66.6 billion. Non-traditional exports added US$23.5 billion and grew 14.5 percent, with agro-industry at about US$13.2 billion.
The statistics institute INEI reports imports of US$57.2 billion for the year. That left a nominal trade surplus of US$32.9 billion for 2025.
Growth reached beyond the capital. Regions outside Lima produced 85.5 percent of export value, and 17 regions posted their best export year on record.
The 24-Quarter Surplus Streak
The central bank, BCRP, confirmed on 31 August that Peru has now run a trade surplus for 24 consecutive quarters. Excluding the pandemic episode, the underlying run stretches across more than nine years.
The goods surplus reached US$9.5 billion in the second quarter of 2026 alone. On an annualized basis it stands at US$44.9 billion, or 12 percent of GDP, a historical high.
The current account, which includes services and income flows, is also in surplus. Its annualized result of 4.5 percent of GDP is the strongest since 2006, and Peru is the only major economy in the region with a current-account surplus.
Net international reserves closed June at US$95.6 billion. That cushion helps explain why the sol has been one of Latin America’s steadier currencies.
What Is Driving the Boom
Prices did much of the work. Export prices rose while import prices fell, and terms of trade improved on the back of record copper, gold and silver quotations.
Volumes helped too, particularly gold and copper shipments. Mining exports reached US$58.7 billion in 2025, according to the exporters’ association ADEX.
The second engine is farm exports. Blueberries, grapes, avocados, asparagus and cacao have turned Peru into a year-round supplier to the United States, Europe and China.
Peru now sells more than 4,100 different products to 168 countries. Nearly 8,850 companies exported in 2025, and over 4.4 million jobs are linked to the sector.
The Regional Ladder and the 2026 Target
ADEX ranks Peru as Latin America’s fourth-largest exporter, behind Mexico, Brazil and Chile. Peru passed Colombia in 2016 and overtook Argentina, which closed 2025 near US$87 billion, last year.
The government wants more. Prime Minister Denisse Miralles has set a national target of US$100 billion in exports for 2026, and a new foreign-trade policy to 2040 aims above US$121 billion.
Exporters warn that part of the surge reflects high commodity prices rather than new capacity. ADEX argues Peru must broaden the basket and raise volumes in product lines that are still small.
Two risks stand out for 2026: US tariff policy, which already weighs on some farm lines, and El Niño, which threatens the northern valleys that grow many of Peru’s export crops. We covered the government’s emergency planning for the phenomenon in our report on the El Niño emergency decree now before the cabinet.
For the mining side of the ledger, see our analysis of the congressional debate over revocable mining concessions and the US$63 billion investment pipeline.
Frequently Asked Questions
How much did Peru export in 2025?
Peru’s trade ministry reports exports of US$90.1 billion in 2025, a record and 21 percent above 2024. The Andean Community’s statistics put the Peruvian figure at US$90.5 billion, 48.3 percent of the bloc’s total.
Did Peru lead Andean Community exports in 2025?
Yes. Peru supplied nearly half of the bloc’s US$187.5 billion in exports, ahead of Colombia (US$50.2 billion), Ecuador (US$37.2 billion) and Bolivia (US$9.6 billion). It also grew fastest, at 20.5 percent.
How long has Peru run a trade surplus?
The central bank counts 24 consecutive quarters of trade surplus through the second quarter of 2026. The annualized surplus reached US$44.9 billion, a record 12 percent of GDP.
What is Peru’s export target for 2026?
The government aims to reach US$100 billion in exports in 2026. A longer-term trade policy to 2040 targets more than US$121 billion.
Connected Coverage
Peru’s export strength frames two of this year’s biggest policy stories. Read our coverage of the El Niño emergency planning that puts farm exports at risk and of the mining concession rules that shape the investment pipeline.
Sources
La República · Andean Community General Secretariat · BCRP · PROMPERÚ / Mincetur · Forbes Perú / ADEX
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error
Read More from The Rio Times