Indonesia recorded exports to Peru totaling US$172.78 million as of December 2020. This figure represents a significant 13.33% decrease compared to the previous year's exports, which reached US$199.35 million.
Indonesia's trade record with Peru shows an upward trend in exports over the past 10 years. The lowest export value was US$159.09 million, while the highest reached US$222.12 million.
Of the 97 products (two-digit HS codes) exported to Peru, 0.03 thousand products were worth more than one billion dollars. Most of the products exported to Peru are also exported to other countries, totaling 0.05 thousand products.
The following is a list of the top five products exported by Indonesia to Peru, ordered from highest to lowest transaction value:
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia's top export to Peru is Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. Under the tradmap classification, this falls under HS code 87. In 2020, Indonesia exported US$57,068 thousand. This is lower than the previous period's US$84,753 thousand.
2. Machinery, mechanical appliances, nuclear reactors, boilers
The second largest export to Peru was Machinery, mechanical appliances, nuclear reactors, boilers. The export value in 2020 was US$16,829 thousand, lower than the previous period's US$20,547 thousand.
3. Paper and paperboard
Indonesia exports this product to 162 countries. Exports of Paper and paperboard to Peru ranked 33rd. In 2020, Indonesia exported US$16,800 thousand. Other major export destinations for Paper and paperboard include China, Japan, the United States, Vietnam, and Malaysia.
4. Man-made staple fibers
Indonesia exports this product to 104 countries. Exports of Man-made staple fibers to Peru ranked 22nd. In 2020, Indonesia exported US$16,037 thousand. Other major export destinations for Man-made staple fibers include Turkey, Pakistan, Japan, Bangladesh, and the Republic of Korea.
5. Footwear, gaiters and the like
Indonesia also exported US$13,913 thousand worth of Footwear, gaiters and the like to Peru. This is lower than the previous period's US$18,971 thousand. Exports of Footwear, gaiters and the like to Peru ranked 32nd. Other major export destinations include the United States, China, Belgium, Germany, and Japan. Indonesia exports this product to 111 countries.