Pakistan’s ties with Peru are underscored by mutual cooperation and amicable relations. Peru’s vibrant market for textiles and pharmaceuticals aligns with Pakistan’s focus on increasing exports in these sectors. Both countries support each other in multilateral organizations, working towards strengthening their economic relations and sharing best practices in trade and industry. This ongoing dialogue fosters a partnership that benefits from shared interests and collaborative frameworks. Peru's rich mineral resources and fishery exports offer Pakistan avenues for complementary trade.
Trade Figures for the last five years are as under:
|
Aggregate Bilateral Annual Trade with Peru |
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|
Million $ |
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|
Years |
Exports |
Imports |
Total Trade |
Trade Balance |
|
2018-19 |
32.71 |
3.55 |
36.26 |
29.16 |
|
2019-20 |
23.53 |
5.07 |
28.6 |
18.46 |
|
2020-21 |
23.51 |
3.85 |
27.36 |
27.36 |
|
2021-22 |
35.77 |
4.28 |
40.05 |
31.49 |
|
2022-23 |
27.79 |
2.83 |
30.62 |
24.96 |
|
2023-24 |
24.52 |
4.66 |
29.18 |
19.86 |