Country profile

Peru

A mining country, among the world's top producers of copper, zinc and silver, and a fast-growing exporter of fresh produce.

Updated 11 November 2026. Sources at the bottom of the page.

Capital
Lima
Population
34.8 million (2026)
Currency
Peruvian sol (PEN)
GDP, 2026
US$400 billion
Exports, 2024
US$74.1 billion
Exchange rate
1 USD = 3.41 PEN (10 Nov 2026)

Economy

IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.

3%Real GDP growth, 2026
2.9%Real GDP growth, 2027
3.8%Inflation, 2026
5%Unemployment, 2026
28.6% of GDPGovernment debt, 2026
4% of GDPCurrent account, 2026

Trade

Top export markets

Share of the country’s exports, 2025

  1. China (33.5%)
  2. United States (12.9%)
  3. India (6.3%)
  4. Canada (5.2%)
  5. Japan (4.6%)

Main exports

Product groups, share of exports

  1. Ores and concentrates, mainly copper and zinc (39.1%)
  2. Gold and precious metals (18%)
  3. Fruits, including avocados, grapes and blueberries (8.7%)
  4. Mineral fuels (5.7%)
  5. Refined copper (4.9%)

Main trade agreements

  • USโ€“Peru Trade Promotion Agreement
  • Chinaโ€“Peru Free Trade Agreement
  • EUโ€“Colombia, Peru and Ecuador Trade Agreement
  • Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
  • Pacific Alliance (with Chile, Colombia and Mexico)

Trade policy to watch

  • Chancay port: a new deep-water port north of Lima, opened in 2024 and majority-owned by Chinaโ€™s COSCO, offers direct shipping to Asia.
  • Mining: community protests and permitting delays can stop mines and transport routes.
  • Politics: frequent changes of government add policy uncertainty.

Energy

Natural gas from the Camisea field and hydropower produce most of Peru's electricity. Peru imports part of its oil.

What it means for your supply chain

  • Peru is a critical source of copper, zinc and silver concentrates.
  • Mining disruptions from protests can affect concentrate supply at short notice.
  • Peru is a year-round source of fresh fruit for North America and Europe.

Sources

Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.