Peru hits record US$90 billion in exports for 2025, up 21% on previous year

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LIMA — Peruvian exports soared to a historic US$90.082 billion (£70.8 billion) in 2025, marking an all-time high after jumping 21 per cent from the previous year, the Peruvian Exporters Association (ADEX) announced on Tuesday.

The strong performance propelled Peru to fourth place among Latin America’s leading exporting nations, behind only Mexico, Brazil and Chile, according to ADEX figures. The country overtook Argentina, which recorded shipments of around US$87 billion, having already surpassed Colombia back in 2016.

ADEX chairman Cesar Tello hailed the result as a milestone for Peru’s foreign trade, though he attributed part of the surge to firmer global prices for key commodities. He stressed the need to move beyond simply exporting larger volumes of existing goods, calling instead for greater diversification into emerging sectors.

Tello highlighted the importance of Peru’s new Multisectoral Foreign Trade Policy to 2040, which aims to push annual exports beyond US$121 billion by fostering genuine product diversity, maintaining effective sectoral strategies and developing fresh economic drivers.

Traditional exports — dominated by mining — accounted for US$66.608 billion, or 73.9 per cent of the total. Mining led the way with US$58.683 billion, fuelled by robust sales of copper and raw gold amid higher international prices. Hydrocarbons, fisheries and primary agriculture followed.

Non-traditional, value-added exports reached US$23.474 billion (26.1 per cent of the total), led by agribusiness at US$12.641 billion, chemicals (US$2.407 billion), fisheries and aquaculture (US$2.279 billion) and metallurgy (US$2.088 billion). Apparel, non-metallic minerals, metalworking, textiles, jewellery and wood products also posted solid contributions.

Among standout products were blueberries, avocados, fresh grapes, giant squid, cacao, refined copper wire, natural calcium phosphates, asparagus, copper sheets and strips, and unalloyed zinc.

The year ended on a high note, with December exports hitting a record US$9.351 billion — a 36.9 per cent rise on the same month in 2024 — according to the Centre for Global Economics and Business Research (CIEN-ADEX).

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