Peru's international trade landscape has witnessed significant growth in 2024, with exports surging by 15.6% to USD 74.7 billion. This growth is a testament to the country's effective economic strategies and its ability to diversify its market presence globally. China has been identified as the leading export destination, with exports amounting to USD 25 billion, marking a 9.2% increase. Following China, the United States and the European Union have also played pivotal roles, with exports totaling USD 9.5 billion and USD 8.2 billion, respectively.
The dynamism of non-traditional exports has been particularly noteworthy, with an 11.3% growth to USD 20.6 billion. The United States remains the top market for these exports, with purchases reaching USD 6.6 billion, a 15.9% increase. The role of free trade agreements in facilitating this export success cannot be overstated. With 22 agreements in place, Peruvian products enjoy preferential access to strategic markets, accounting for 87% of total exports, or USD 64.99 billion in 2024.
The agricultural sector has emerged as a standout, with agribusiness exports climbing to USD 11.6 billion, a 21.6% increase. Peru has become the world's leading exporter of blueberries, with exports growing by 36%, alongside significant increases in avocado and cocoa exports. The metallurgy and metalworking sectors have also shown robust growth, underscoring Peru's diverse industrial capabilities and its focus on high-value-added production.
The Commission for Promotion of Export and Tourism (PROMPERÚ) has been instrumental in supporting this growth, emphasizing the strengthening of international company presence, market diversification, and the expansion of high-value product exports. Peru's export performance in 2024 not only reflects a promising trajectory towards a more competitive and globally integrated economy but also highlights the country's commitment to sustainable and inclusive growth across various productive sectors.
