Peruvian exports exceed US$33 billion from January to May 2025

08:32 | Lima, Jul. 8.

Peruvian exports continue their steady growth, reaching US$33.41 billion in the first five months of 2025, a 22.3% increase compared to the same period in 2024, the Ministry of Foreign Trade and Tourism (Mincetur) reported.

It explained that this result was driven by a higher export volume (+10.8%) and better international prices (+10.4%), reflecting the positive momentum experienced by nearly all economic sectors in the South American country.

"Just in May, our exports grew by 13%, marking 13 consecutive months of expansion. We are confident that, through coordinated efforts between the public and private sectors, and by providing training and technical assistance to our companies, we will reach a new record of over US$77 billion by the end of 2025," Foreign Trade and Tourism Minister Desilu Leon stated.

The fishing sector experienced the highest growth in the first five months of the year, with exports reaching US$2.036 billion, a 58.4% increase compared to the same period last year.

Among the most dynamic products were giant squid, which expanded by 232%, as well as anchoveta derivatives (+51.6%), flying fish roe (+30%), shrimp (+14%), and canned fish (+12.1%).

The agricultural sector showed remarkable performance, with exports totaling US$4.578 billion, a 24.1% increase during the period, driven by the rise in shipments of cacao (+77%), both in beans and butter, as well as palm oil (+33%), fruits (+26%) such as grapes, avocados, and mangoes, in addition to vegetables (+12%) such as asparagus.

Mining exports totaled US$21.996 billion, reflecting a 22.4% increase, with notable growth in silver concentrates (+81%), gold (+43%), zinc (+22%), and copper (+18%).

The metallurgical subsector also reported significant growth, with copper products up by 43% and zinc ingots by 19.3%.

Other sectors that contributed to the strong results included textiles and apparel, which totaled US$716 million —a 12.3% increase during the period— driven by growth in cotton garments (+17.9%), fabrics (+26.4%), and textile fibers (+19.2%).

Similarly, the chemical sector grew by 12.4%, totaling US$810 million; metalworking reached US$340 million (+19.3%); the steel industry recorded US$141 million (+6.1%); and jewelry exports amounted to US$76 million (+8%).

By company size

During this period, 7,085 Peruvian companies exported goods, and 65% of them were micro, small, and medium-sized enterprises (MSMEs), which accounted for 5% of the total shipped value.

Peruvian products reached 160 markets, with China as the main destination (35% of total exports), followed by the United States (13%), the European Union (11%), India (6%), and Canada (5%).

Exports from Peruvian regions outside Lima and Callao grew by 22.9% during the period, outpacing the capital and port region, which saw a 19.2% increase.

The regions with the highest growth rates were: Huanuco (+286%), Amazonas (+147%), Apurimac (+84%), Ayacucho (+78%), Junin (+77%), San Martin (+74%), Lambayeque (+54%), Ucayali (+51%), Cajamarca (+48%), Puno (+44%), Madre de Dios (+32%), Pasco (+27%), Piura (+25%), Tacna (+24%), Moquegua (+20%), Loreto (+16%), Arequipa (+12%), La Libertad (+6%), Ica (+6%), and Ancash (+5%).

"This growth is no coincidence. It is the result of the joint efforts of our regions, our producers, and our businesses. Peru is consolidating itself as a diverse, resilient, and competitive export powerhouse," Minister Leon emphasized.

(END) NDP/MVB

Published: 7/8/2025