Peru the South American country is the 3rd largest economy of the continent with a population of 33 million. The nation plays a significant role in the global agricultural trade with its abundance of natural resources. The presence of a significant part of the Amazon rainforest in the nation indulges the fertility of the land area leading to the efficient production of agricultural goods. Beyond its trade rates, the South American country is also famous for its diverse history and cultures like the origin of Inca Civilization dating back thousands of years.
The trade statistics of a country are the adjacent image of its economic growth and stability. Peru is now among one of the top global traders with its export trade value of 56 billion US dollars accounting for a 20% share of its total GDP. The total consumption and production rate, increased investment, and improved infrastructure are some of the factors that contribute to the GDP of the country 233 billion US dollars in 2022. The advancing industrial sector with its higher production rate indulges the economic growth of the nation at an exponential rate.