Key Market Indicators
Peruvian Truck Export is projected to plummet to approximately $653,000 by 2028, down from around $1.9 million in 2023. This represents an average annual decrease of 16.5%. The decline is part of a broader downward trend seen since 1997, where Peruvian truck supply has shrunk by an average of 10.3% each year. In 2023, Peru ranked 71st in global truck exports, trailing behind El Salvador, which led with about $1.9 million in exports. The top three exporters— the United States, Germany, and France—held the second, third, and fourth positions respectively. Conversely, Peruvian Truck Import is expected to rise slightly, reaching roughly $862 million by 2028 from about $842 million in 2023. This marks a modest compound annual growth rate (CAGR) of 0.4%. Since 1997, the demand for trucks in Peru has consistently grown by 0.4% each year, reflecting a steady increase in import activity.
