Import of Goods Value from Peru (1990-2023)

Import of Goods Value from Peru (1990-2023)

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TGM StatBox. (2024). Import of Goods Value from Peru (1990-2023). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Peru
Published date: 2024
Note: Merchandise imports by product group (Million US dollars), as defined by the World Trade Organization (WTO), refers to the total value of goods imported into a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
Peru’s import value rose from $2.6B in 1990 to a peak of $60.9B in 2022, reflecting its evolving economy and trade liberalization efforts. A sharp increase between 2004 and 2008, when imports grew from $10.1B to $29.9B, coincided with booming global commodity prices and robust domestic demand.

The global financial crisis caused a dip to $21.8B in 2009, but imports recovered strongly, reaching $50.8B in 2021 due to rising demand for industrial and consumer goods. By 2023, imports stabilized at $52.3B, reflecting steady economic activity amidst global market fluctuations. Peru’s import trends underscore its growing role in regional trade.

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