Peru
Peru at a glance
Population
As of: 2025
Trade volume
As of: 2025
GDP growth
As of: 2025
Bringing Peru and Bavaria together
Services of our economic representation
Market entry
We support Bavarian companies in entering the market and in developing initial business opportunities, customer relationships and projects in Peru
Network building
We connect companies with relevant partners in Peru through targeted networking activities and events.
Location information on Peru
We help identify suitable regions, business conditions and relevant contacts in Peru.
Support for business establishment projects in Bavaria
We support Peruvian companies that wish to establish a presence in Bavaria.
Do you have any questions? Do not hesitate to contact us!
Facts and figures about Peru
Peru is one of the fastest-growing markets in Latin America. Its economy is primarily based on natural resource extraction, agriculture, fisheries and industry, while tourism is becoming increasingly important. The national currency is the Peruvian Sol (PEN).
Trade relations between Bavaria and Peru
*in millions of euros
This chart shows exports from Bavaria to Peru and imports from Peru to Bavaria. It also illustrates the total trade volume, consisting of both exports and imports.
How is Peru’s economy structured?
Peru’s economy is resource- and export-oriented. Key sectors include mining, oil and gas, agriculture and fisheries, employing roughly one-third of the population. The country also has a growing manufacturing sector, including textiles, chemicals, metal processing and food production.
Tourism contributes significantly to economic development and has become a major industry, especially in the Andes region.
Open-market economic policies, macroeconomic stability, significant natural resources, a sound financial system, foreign exchange reserves, tax reforms and poverty-reduction policies have made Peru an attractive investment destination. Peru currently benefits from 20 free trade agreements with other countries.
What business opportunities does Peru offer?
Business opportunities arise particularly in sectors requiring modernization and investment. These include infrastructure, renewable energy, medical technology and information and communication technologies.
Further opportunities exist in the industrial processing of agricultural products and the expansion of local value chains.
Peru is part of the EU–Colombia–Peru–Ecuador Trade Agreement, which facilitates mutual market access.
What are the economic relations with Bavaria and Germany?
Bavaria and Peru maintain long-standing economic relations. Peru is among Bavaria’s important trading partners in Latin America. Around 360 Bavarian companies conduct business with Peru.
Bavarian exports include machinery, vehicles, electrical engineering products and chemicals. Imports from Peru consist mainly of agricultural products, raw materials, textiles and industrial intermediate goods.
Economic relations are complemented by cooperation in science, research and academic exchange.
„The future of international collaboration is not only about trade, but also about building business relationships and partnerships based on trust, long-term connections, and the co-creation of innovation. Bavaria and Peru are strengthening strategic bridges between industry, technology, science, and entrepreneurship — a vision we actively promote through our office.“
