South Korea / Peru

Overview In February 2022 South Korea exported $59.2M and imported $221M from Peru, resulting in a negative trade balance of $162M. Between February 2021 and February 2022 the exports of South Korea have decreased by $-5.43M (-8.41%) from $64.6M to $59.2M, while imports decreased by $-11.8M (-5.07%) from $233M to $221M.

Trade In February 2022, the top exports of South Korea to Peru were Vehicles and their parts ($22.5M), Plastics and articles thereof ($12.5M), Machinery and appliances ($6.31M), Chemical products n.e.s. ($3.11M), and Organic chemicals ($2.65M). In February 2022 the top imports of South Korea from Peru were Ores, slag and ash ($91.1M), Mineral fuels, mineral oils and products... ($79.4M), Fruit and nuts, edible; peel of... ($26.2M), Fish and crustaceans, molluscs and other... ($6.56M), and Meat, fish or crustaceans, molluscs or... ($5.82M).

Growth In February 2022, the decrease in South Korea's year-by-year exports to Peru was explained primarily by an decrease in product exports in Iron and steel ($-1.25M or -28.5%), Iron or steel articles ($-591k or -69.9%), and Pharmaceutical products ($-337k or -32.7%). In February 2022, the decrease in South Korea's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Ores, slag and ash ($-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%).