India is the third largest trading partner for Peru, and their free trade agreement talks have run to nine rounds

Background

India established diplomatic relations with Peru in March 1963. Until 1969 the Indian Ambassador in Chile was concurrently accredited to Peru, and India opened its resident Mission in Lima in September 1969. Free Trade Agreement negotiations are ongoing with nine rounds and an online inter-sessional meeting held so far. The trade between India and Peru during the Financial Year 2025-26 was US$ 10.02bn, of which India's exports were worth US$ 1.15bn and imports from Peru were US$ 8.87bn. Peru is among the top five trading partners of India in Latin America, and India is the third largest trading partner for Peru. Main imports from Peru are gold, copper, synthetic filaments, phosphates of calcium, fresh grapes and fish flour. Indian investment in Peru is estimated at US $65 million. The size of the Indian community in Peru is small, numbering around 500, including PIOs.