India and Peru elevated their relationship to a Strategic Partnership in 2023, reflecting growing convergence on critical minerals, trade, and multilateral governance. Peru holds the world's second-largest copper reserves and significant lithium, gold, and silver deposits — resources of direct strategic interest to India's electric vehicle, renewable energy, and electronics manufacturing ambitions. India exports pharmaceuticals, refined petroleum, and IT services to Peru. Machu Picchu and Peru's archaeological heritage are drawing growing numbers of Indian tourists.
COOPERATION AREAS
Where India and Peru actually work together
5 active areas of cooperation, as of July 2026. Click any card for the full brief.
TRADE & INVESTMENT
By the numbers
All figures approximate FY 2023–24. Source: DGFT, Ministry of Commerce. Mineral equity investments and IT services exports are not fully captured in goods-trade statistics.
$1.3bn
Total bilateral trade in goods
$0.85bn
India exports to country
$0.45bn
India imports from country
Trade trajectory · USD bn
$1.3bnin FY24 · click a bar to compare years
TOP TRADED ITEMS
AGREEMENTS & MILESTONES
The relationship since 1945, in 7 dates
CURRENT STATE
Where things stand, 2026
The India-Peru Strategic Partnership is in its early implementation phase. Critical minerals — copper and lithium — are the primary driver of elevated political engagement, with KABIL assessments of Peruvian sites underway. Pharmaceutical exports and fishmeal imports provide stable commercial channels. India's Pacific Alliance observer engagement, anchored partly through Peru, provides a regional Latin American policy framework. Tourism and people-to-people connections are growing. The relationship is expected to deepen further as India's EV manufacturing scale-up increases copper import requirements.
SIGNALS TO WATCH
On track / positive momentum
In progress / worth watching
Stalled or facing headwinds
Not yet started / unclear
QUICK FACTS
CapitalLima
Population33 million
RegionAmericas
Diplomatic tiesSince 1945
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