South Korea / Peru

Overview In September 2022, South Korea exported $63.3M and imported $170M from Peru, resulting in a negative trade balance of $107M. Between September 2021 and September 2022 the exports of South Korea have increased by $7.93M (14.3%) from $55.4M to $63.3M, while imports decreased by $-65.5M (-27.8%) from $236M to $170M.

Trade In September 2022, the top exports of South Korea to Peru were Vehicles ($27M), Plastics and articles thereof ($10.9M), Nuclear reactors, boilers, machinery and mechanical... ($5.8M), Mineral fuels, mineral oils and products... ($4.51M), and Iron and steel ($1.84M). In September 2022 the top imports of South Korea from Peru were Ores, slag and ash ($125M), Aquatic Animals ($10.6M), Meat, fish or crustaceans, molluscs or... ($7.26M), Copper and articles thereof ($6.43M), and Fruit and nuts, edible; peel of... ($4.79M).

Growth In September 2022, the increase in South Korea's year-by-year exports to Peru was explained primarily by an increase in product exports in Vehicles ($3.5M or 28.6%), Plastics and articles thereof ($1.94M or 31.9%), and Organic chemicals ($1.07M or 45.7%). In September 2022, the decrease in South Korea's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Ores, slag and ash ($-3.1M or -2.07%), Meat, fish or crustaceans, molluscs or... ($-2.08M or -22.2%), and Copper and articles thereof ($-1.91M or -31.1%).