Peru
Are you considering entering the Peruvian market? Are you already active in Peru and need advice or support with your next steps? Contact us for advice specific to your business.
Peru presents a dynamic market for Swiss and Liechtenstein exporters, driven by its robust mining sector and growing infrastructure projects, including Swiss technology integration, offering substantial opportunities for business expansion in Latin America.
Peru remains one of Latin America’s more stable macroeconomic environments, supported by low inflation, steady investment and a strong export base. Real GDP grew by around 3.3% in 2024, and forecasts for 2025 point to growth of about 3.2–3.5%, driven by recovering domestic demand and strengthening public and private investment. Mining continues to be a core pillar of Peru’s economy, accounting for roughly 8–9% of GDP and nearly two-thirds of total exports. In 2024, mining exports reached a record USD 47.7 billion, fuelled by global demand for copper, gold and other critical minerals.
For Swiss companies, opportunities arise in mining technology, engineering, infrastructure and industrial solutions - areas where Swiss quality and innovation are well recognised. Swiss technology has already played a role in urban and infrastructure development, signaling strong demand for specialised solutions. However, exporters must navigate challenges such as fiscal constraints, regional disparities, illegal mining risks and fluctuating investment cycles. A strategic market approach, strong local partnerships and adaptability are key to long-term success.
Yes
Free Trade Agreement
There is a free trade agreement between Switzerland and this country. Source: State Secretariat for Economic Affairs SECO
1.56 1.56 billion
Total trade flows
Total goods traded with Switzerland (imports + exports). Source: UN Comtrade. Data as of 2023.
15.82 15.82 %
3-year GDP growth
Total real GDP growth over the last three years. Source: World Bank. Data as of 2023.
What I love about the Peruvian market is its dynamic blend of tradition and innovation, as seen in projects like Lima’s first cable car with (hopefully) Swiss technology – it’s a place where Swiss expertise can truly make a mark.
Bruno Aloi
Senior Consultant Latin AmericaLatest insights
NEWS
New Rail Projects in Peru Offer Opportunities for Swiss Companies
Complied by Swiss Chamber of Commerce in Peru
Sep 9, 2025 · 3 min read
NEWS
Renewable Energies in Peru: New Opportunities for Swiss Companies
Complied by Swiss Chamber of Commerce in Peru
Sep 9, 2025 · 3 min read
NEWS
Infrastructure Projects in Peru Open Up Opportunities for Swiss Companies
Complied by Swiss Chamber of Commerce in Peru
Sep 9, 2025 · 2 min read
NEWS
Peru: Market Information
Jul 9, 2025 · 1 min read
Get in touch
Do you have any questions about Switzerland Global Enterprise or would you like more information about our services? Contact us directly at one of our three locations or through one of our various communication channels!
- Your point of contact in Switzerland Would you also like to sell your products or services abroad? Or learn more about opportunities in your target market?
- Our branch offices around the world S-GE has its own teams (Swiss Business Hubs, SBHs) in approximately 45 countries. The Swiss Business Hubs are integrated into the diplomatic missions of the Federal Department of Foreign Affairs (FDFA).
Downloads
Economic Report
PDF · 530 KBBusiness Guide
PDF · 477 KBLegal Provisions
PDF · 646 KBGet access to exclusive business opportunities in Peru
Event calendar
Stay connected with the latest developments in the industry by participating in our upcoming events. From conferences and workshops to webinars and fact-finding missions.
15
Sep
Inbound Mission Hydro Energy
Meet a delegation of Latin America visiting Switzerland. Participate in this exclusive opportunity to have direct contact with key hydropower players!
-, Switzerland
29
Sep
Infrastructure Business Trip to Peru
Join Swiss infrastructure companies and meet key decision makers for upcoming peruvian projects. Develop your local network, visit major hubs such as the port of Lima and position yourself for upcoming large projects.
Lima, Peru
FAQs
What is the current economic situation?
Peru recorded GDP growth of 3.3% in 2024, supported by resilient consumption and a rebound in investment. Inflation remains among the lowest in Latin America, close to 2%, providing a favourable environment for pricing and long-term planning. For 2025, economic growth is projected at around 3.2–3.5%, with improved private investment and continued stability in monetary policy. Swiss exporters benefit from a stable macro context and predictable inflation dynamics.
What are the main export and import trends?
Peru’s export sector remains strong, led by mining exports totalling around USD 47.7 billion in 2024, an increase of more than 11% from the previous year. Minerals such as copper, gold and zinc dominate, with China, the US and Europe as key destinations - and Switzerland consistently ranking among the top markets for Peruvian exports. Imports grew more moderately, driven by demand for machinery, equipment and industrial inputs. This environment creates opportunities for Swiss exporters in mining solutions, machinery, sustainable technologies and high-value inputs.
What opportunities exist for Swiss companies?
Swiss companies are well positioned in Peru’s high-priority sectors: mining and mineral processing, engineering services, infrastructure technologies, sustainability solutions and industrial automation. Peru’s strong pipeline of mining investments and its need for advanced machinery, safety systems and environmental technologies align closely with Swiss capabilities. Infrastructure projects - including urban mobility improvements - demonstrate the market demand for high-quality Swiss engineering and innovation.
Which sectors are most promising?
The most promising sectors for Swiss exporters include mining and related services, engineering and construction technologies, high-precision machinery, renewable and environmental solutions, and infrastructure development. With minerals accounting for nearly 64% of national exports, mining continues to offer substantial long-term demand for advanced equipment and expertise. Construction and urban development, driven by public and private investment, create additional opportunities for Swiss technology in transport, mobility and energy efficiency.
What are the main challenges and risks?
Key risks include the prevalence of illegal mining, regional political tensions, fiscal pressures and fluctuating commodity cycles. Illegal mining in particular poses challenges to governance, public order and supply-chain integrity. Swiss exporters should also be prepared for administrative complexity and shifts in local investment sentiment. Strong due diligence, trusted local partners and flexible project management are essential to mitigate these risks.
