Export to Peru

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NAME: Peru
CAPITAL: Lima
POPULATION: 28,373,736 (June 2010 est.) www.bnamericas.com
MAIN CITIES: Lima, Arequipa, Trujillio, Chiclayo, Cuzco
MAIN LANGUAGE: Spanish
CURRENCY: Sol (PEN)
DIALLING CODE: +51
INTERNET DOMAIN: .pe
TIME ZONE: GMT-5
ECONOMY
Peru is South America’s 3rd largest country by surface area and is the world’s main producer of silver and is ranked 3rd in the world in the production of copper, zinc and tin.
KEY INDUSTRIES
- Mining and refining of minerals
- Steel
- Metal Fabrication
- Petroleum extraction and refining
- Natural Gas
- Fishing and fish processing
- Food processing
- Textiles
- Clothing
EXPORT PARTNERS
- US 17.86%
- China 15.96%
- Canada 11.35%
- Japan 6.75%
- Chile 5.42%
- Germany 4.25%
IMPORT PARTNERS
- US 23.96%
- China 10.74%
- Ecuador 7.25%
- Brazil 7.19%
- Chile 5.68%
- Argentina 5.59%
- Mexico 5.02%
Source: www.cia.gov
EXPORT – COMMODITIES
- Copper
- Gold
- Zinc
- Crude petroleum and petroleum products
- Coffee
- Potatoes
- Asparagus
- Textiles
- Fishmeal
IMPORT – COMMODITIES
- Petroleum and petroleum products
- Plastics
- Machinery
- Vehicles
- Iron and steel
- Wheat
- Paper
| Source: www.cia.gov SOCIAL ACCOUNTING | |
| Unemployment Index : | 7.6% (Jun 2010) |
| GDP PPP: | 253,850 MM US $ 2009 (IMF) |
| GDP Per capita PPP: | 8,723 US $ 2009 (IMF) |
| Last GDP Growth Rate: | 3.1% (2009 IMF) |
| GDP Growth Forecasting: | 5.8% (2010 IMF) |
| Economic activity rate: | 9.3% (Change 12 month Apr 2010-2009) |
| Interest rate: | 1.75% (Jun 2010) |
| Exchange rate: | 2.8255 (PEN/USD) Closing Jun 2010 |
| INFLATION | |
| Versus Last Month Change: | 0.25% (Change Jun – May 2010) |
| Versus Last Quarter Change: | 1.64% (Change Q2 2010) |
| 12 Month Change: | 1.64% (Change 12 month Jun 2010 – 2009) |
| Annual Target Rank: | 2% (+/-1) |
| FOREIGN TRADE | |
| Total Exports: | 12,816 MM US $ (Accumulated to May 2010) |
| Total Imports: | 10,645.3 MM US $ (Accumulated to May 2010) |
| Balance of Trade: | 2,170.7 MM US $ (Accumulated to May 2010) |
| Balance of Payments: | 2,454.7 MM US $ (Q1 2010) |
| Current Account: | -466.7 MM US $ (Q1 2010) |
| OTHER INTERESTING TIPS: | |
| TREATIES AND INTERNATIONAL AGREEMENTS: | |
| Free Trade Agreement | |
| Chile, Estados Unidos | |
| Customs Union | |
| Andean Community | |
| Member of: | |
| APEC, CAN, G-77, G-15, IMF, UNASUR, WTO, FAO, IADB, IAEA | |
| Country Risk : | |
| Agency: | Fitch |
| Qualification: | BBB- |
| Positive | |
| Agency: | S&P |
| Qualification: | BBB- |
| Stable | |
| Agency: | Moody’s |
| Qualification: | Baa2 |
| Positive | |
| INTERNATIONAL RANKINGS | |
| Corruption Perceptions Index (International Transparency): | |
| Global Ranking Position: | 75° (2009) |
| Latin America Ranking Position: | 7° (2009) |
| EASE OF DOING BUSINESS INDEX 2008 (WORLD BANK): | |
| Global Ranking Position: | 56° (2010 Report) |
| Latin America Ranking Position: | 4° (2010 Report) |
| GLOBAL COMPETITIVENESS INDEX RANKINGS (WORLD ECONOMIC FORUM): | |
| Global Ranking Position: | 78° (2009 – 2010 Ranking) |
| Global Ranking Position: | 83° (2008 – 2009 Ranking) |
| Latin America Ranking Position: | 10° (2009 – 2010 Ranking) |
| Latin America Ranking Position: | 11° (2008 – 2009 Ranking) |
Source: www.bnamericas.com
ONLINE SOURCES:
- ProInversion (Agency for the Promotion of Private Investment) – http://www.proinversion.gob.pe/
- Peru Online – www.peru.com
- Visit Peru – www.visitperu.com
- Peru Travel Guide – www.justperu.org
NEWSPAPERS
- El Comercio – www.elcomercio.com.pe
- Gestion – www.gestion.pe
- Ojo – www.ojo.pe
- El Bocon – www.elbocon.com.pe
- La Republica – www.larepublica.com.pe
- Correo de Arequipa – www.correoperu.com.pe