2023
Exports
$2.79BWorld Rnk 9 / 147
Flag Rnk 3 / 1143
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$3.29MWorld Rnk 70 / 184
Flag Rnk 677 / 1182
2023
ECONOMIC COMPLEXITY of Peru
-0.61Rnk 90 / 132

About

Exports In 2023, Peru exported $2.79B in Refined Copper, making it the 9th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 3rd most exported product in Peru. The main destination of Refined Copper exports from Peru are: China ($973M), United States ($705M), Italy ($491M), Brazil ($358M), and South Korea ($104M).

The fastest growing export markets for Refined Copper of Peru between 2022 and 2023 were United States ($236M), Italy ($226M), and Mexico ($89M).

Imports In 2023, Peru imported $3.29M in Refined Copper, becoming the 70th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 677th most imported product in Peru. Peru imports Refined Copper primarily from: Chile ($2.61M), United States ($186k), Spain ($182k), Finland ($145k), and China ($64.7k).

The fastest growing import markets in Refined Copper for Peru between 2022 and 2023 were Chile ($2.61M), United States ($79.3k), and Colombia ($845).

Latest Trends

Dec 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 Refined Copper. 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 (2023)$2.79B
IMPORTS (2023)$3.29M
NET TRADE (2023)$2.79B

In 2023, Peru exported $2.79B in Refined Copper. The main destinations of Peru exports on Refined Copper were China ($973M), United States ($705M), Italy ($491M), Brazil ($358M), and South Korea ($104M).

In 2023, Peru imported $3.29M in Refined Copper, mainly from Chile ($2.61M), United States ($186k), Spain ($182k), Finland ($145k), and China ($64.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Peru WERE (2022 - 2023):
United States$236M (50.2%)
Italy$226M (85.2%)
Mexico$89M (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Peru WERE (2022 - 2023):
China-$358M (-26.9%)
Brazil-$42M (-10.5%)
Spain-$21.5M (-99.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Peru's main exporting competitors in Refined Copper were:
In 2023, Peru's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $405M
TOP IMPORT POTENTIALUnited States+ $163k

Refined Copper’s highest export potential is China. With an export gap of $405M.   Refined Copper’s highest import potential is United States with an import gap of $163k.

See methodology.

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