2022
Exports
$13.5BWorld Rnk 2 / 110
Flag Rnk 1 / 1148
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.94Rnk 995 / 1025
2022
Imports
$215MWorld Rnk 22 / 117
Flag Rnk 51 / 1183
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $13.5B in Copper Ore, making it the 2nd largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1st most exported product in Peru. The main destination of Copper Ore exports from Peru are: China ($10.3B), Japan ($1.08B), South Korea ($529M), Germany ($278M), and India ($253M).

The fastest growing export markets for Copper Ore of Peru between 2021 and 2022 were Canada ($114M), Mexico ($44.4M), and Turkey ($16.2M).

Imports In 2022, Peru imported $215M in Copper Ore, becoming the 22nd largest importer of Copper Ore in the world. At the same year, Copper Ore was the 51st most imported product in Peru. Peru imports Copper Ore primarily from: Mexico ($146M), Ecuador ($64.2M), Chile ($3.84M), Brazil ($942k), and Bolivia ($614k).

The fastest growing import markets in Copper Ore for Peru between 2021 and 2022 were Mexico ($146M), Ecuador ($2.63M), and Kazakhstan ($12.1k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Copper Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.5B
IMPORTS (2022)$215M
NET TRADE (2022)$13.3B

In 2022, Peru exported $13.5B in Copper Ore. The main destinations of Peru exports on Copper Ore were China ($10.3B), Japan ($1.08B), South Korea ($529M), Germany ($278M), and India ($253M).

In 2022, Peru imported $215M in Copper Ore, mainly from Mexico ($146M), Ecuador ($64.2M), Chile ($3.84M), Brazil ($942k), and Bolivia ($614k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Canada$114M (920%)
Mexico$44.4M (2.36k%)
Turkey$16.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Peru WERE (2021 - 2022):
South Korea-$583M (-52.4%)
China-$509M (-4.72%)
Germany-$207M (-42.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Copper Ore were:
Chile $22.8B
In 2022, Peru's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $169M
TOP IMPORT POTENTIALChile+ $9.62M

Copper Ore’s highest export potential is India. With an export gap of $169M.   Copper Ore’s highest import potential is Chile with an import gap of $9.62M.

See methodology.

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