What natural resources are found in Peru?

Peru is one of the richest countries in the world in terms of natural resources. Gold, silver, copper, zinc, lead, and iron are found across the country, and there are reserves of oil and natural gas.

What is the most used natural resource in Peru?

Peru is abundant in a wide variety of natural resources including gold, natural gas, petroleum, copper, silver, iron ore, coal, zinc, phosphate, potash and hydropower. In 2017, the country’s mining activity accounted for nearly 10% of its national GDP.

What products or natural resources must be imported to Peru?

The main items that are imported to Peru include petroleum/petroleum products, chemicals, plastic, machinery, wheat, corn, soybean products, vehicles, TV sets, front-end loaders, telecom equipment and telephones, paper, cotton, and medicines. A lot of Peru’s imports come in from China and the USA.

What is Peru known for producing?

Peru’s main exports are copper, gold, zinc, textiles, chemicals, pharmaceuticals, manufactures, machinery, services and fish meal. The country’s major trade partners are the United States, China, Brazil, the European Union and Chile.

What is Peru most known for?

Adventure, culture and food: 9 things Peru is famous for

  1. Machu Picchu. The citadel of Machu Picchu during its reopening in Cuzco on April 1, 2010.
  2. Colca Canyon. A group of tourists enjoying the view at Colca Canyon in Peru.
  3. Rainbow Mountains.
  4. Amazon jungle.
  5. Nazca Lines.
  6. Cusco.
  7. Dune Hiking.
  8. Pisco.

Why is Peru so poor?

Poverty in Peru has rapidly declined since the start of the 21st century, as a result of prosperity from the international market, tourism, low inflation, greater economic opportunities, and neoliberal economic policy, at one of the fastest rates in South America.

What are the Top 5 Imports of Peru?

Imports The top imports of Peru are Refined Petroleum ($3.05B), Crude Petroleum ($2.05B), Cars ($1.45B), Broadcasting Equipment ($1.23B), and Delivery Trucks ($1.01B), importing mostly from China ($9.61B), United States ($8.9B), Brazil ($2.25B), Chile ($1.79B), and Mexico ($1.66B).

What are Peru’s major industries?

Peru has a large and dynamic mining industry, mainly for copper and gold extraction. Peru has been a mining economy since colonial times, and the country is the world’s top producer of silver, the fifth producer of gold, the second producer of copper, and an important supplier of zinc and lead.