India / Peru

Overview In January 2024, India exported $65M and imported $207M from Peru, resulting in a negative trade balance of $142M. Between January 2023 and January 2024 the exports of India have decreased by $-2.27M (-3.38%) from $67.3M to $65M, while imports increased by $193M (1.39k%) from $13.9M to $207M.

Trade In January 2024, the top exports of India to Peru were Motor Vehicle/Cars ($13.4M), Cotton Yarn ($11.2M), Drug Formulations, Biologicals ($8.29M), Iron And Steel ($2.66M), and Products Of Iron And Steel ($2.63M). In January 2024 the top imports of India from Peru were Gold ($7.89M), Silver ($3.26M), Iron And Steel ($1.09M), Oth Non Ferous Metal And Prodc ($334k), and Copper And Prdcts Made Of Copr ($324k).

Growth In January 2024, the decrease in India's year-by-year exports to Peru was explained primarily by an decrease in product exports in Cotton Yarn ($-12.2M or -52.1%), Cotton Fabrics, Madeups Etc. ($-1.71M or -60.5%), and Coir And Coir Manufactures ($-968k or -91.5%). In January 2024, the increase in India's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Silver ($3.06M or 1.55k%), Oth Non Ferous Metal And Prodc ($242k or 264%), and Inorganic Chemicals ($63.2k or 211%).