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What are the main exports from Peru?

By Christopher Ramos |

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

What countries does Peru import from?

Top 10 Import Countries

CountryImport USD$
China$10,265,206,990
United States$8,808,607,435
Brazil$2,430,003,578
Mexico$1,851,445,640

What does Peru export to China?

Peru-China: In 2019, Peru exported $13.6B to China . The main products that Peru exported to China were Copper Ore ($8.32B), Animal Meal and Pellets ($1.12B), and Refined Copper ($954M). That same year, Peru ranked 97 in the Economic Complexity Index (ECI -0.54), and 53 in total exports ($46.8B).

What Peru exports to the US?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($3.5 billion), machinery ($1.5 billion), electrical machinery ($559 million), plastics ($451 million), and vehicles ($432 million).

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 food does Peru export?

Important export products include fishmeal, sugar, coffee and cotton. Peru imports large amounts of food products, notably wheat, soy, maize and other basic foodstuffs.

What are the tariffs for exporting to Peru?

Zones of export treatment, in Chimbote, Ilo, Matarini, Paita and Trujillo. Peru applies a four level tariff regime: 4%, 7%, 12% and 20%, depending on the type of goods you are exporting. The non weighted average customs duty is 10.2%. The 4% tariff essentially covers intermediate products and their components.

Where is the best place to export to Peru?

In most cases, exports to Peru will be done by ocean. The port of Callao is the biggest commercial seaport, closely followed by the port of Matarani. There are many other ports as well, from North to South, and each one of them handles a particular type of cargo.

Is it easy to do business in Peru?

Even though the World Bank classified Peru as the second easiest country to do business in when it comes to Latin America/the Caribbean, there are still some challenges you may face when exporting to Peru. Informality in Peru is present at different levels, which is the first thing to bear in mind.

When was the US-Peru Trade Promotion Agreement created?

The United States-Peru Trade Promotion Agreement (PTPA), created in 2009, has raised a tremendous amount of business and import/export opportunities for US exporters. Most of the tariffs on consumer and industrial products from US origin have already been eliminated.