South Korea / Peru

Overview In February 2024, South Korea exported $51.4M and imported $338M from Peru, resulting in a negative trade balance of $287M. Between February 2023 and February 2024 the exports of South Korea have increased by $2.39M (4.88%) from $49M to $51.4M, while imports increased by $122M (56.4%) from $216M to $338M.

Trade In February 2024, the top exports of South Korea to Peru were Cars, tractors, trucks & parts thereof. ($14.9M), Plastics & articles thereof ($11.9M), Machinery, mechanical appliances, & parts ($3.6M), Salt, sulphur, cement, lime, stone, &... ($3.58M), and Inorganic chemicals ($2.36M). In February 2024 the top imports of South Korea from Peru were Mineral fuels, mineral oils and products... ($285M), Ores, slag and ash ($66.7M), Edible fruits, nuts & fruit peels ($18.3M), Fish, crustaceans, & molluscs ($9.13M), and Preparations of fish, crustacenas, & molluscs ($8.04M).

Growth In February 2024, the increase in South Korea's year-by-year exports to Peru was explained primarily by an increase in product exports in Salt, sulphur, cement, lime, stone, &... ($3.57M or 71.4k%), Inorganic chemicals ($938k or 66.1%), and Books, newspapers, & other prints ($213k or 484%). In February 2024, the increase in South Korea's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Mineral fuels, mineral oils and products... ($151M or 113%), Preparations of fish, crustacenas, & molluscs ($5.59M or 228%), and Fish, crustaceans, & molluscs ($4.74M or 108%).