Balsam of Peru is derived from the trunk of a tree known as Myroxylon, which is grown in Central America and South America. In the early period of Spanish dominion in Central and South America, the balsam was collected in Central America and shipped to Callao and Lima in Peru, then shipped to Europe. That is how the name “Peru” came about because the oil was shipped from there.
The tree trunks are marked with cuts excreting viscous dark resin. The resin is then distilled using high vacuum dry distillation or using steam distillation. Balsam of Peru is used in food and drink for flavoring, in perfumes and toiletries for fragrance, and in medicine and pharmaceuticals for healing. It has aromatic and fixative (delays evaporation) properties. This woody-vanilla like scent would be great to add to lotions, creams and body sprays.