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Importing to Peru
Home to the Amazon jungle, Peru’s fast-growing economy and new governmental programs make it a country to watch regarding the rising tech industry. The government continues to expand by training the local population in skills such as coding, further increasing its tech outlook. Yet, navigating Peruvian customs can present various challenges.
Tax
up to 22%
Duties
up to 6%
Lead Times
5-6 weeks
Restricted Items
Second-Hand Goods, Wireless Goods
Best Carrier Option
Freight Forwarder or Courier
Non-Working Days
Saturday, Sunday, and Public Holidays
Prominent Language
Spanish, Quechua, Aymara
Importing to and Exporting from Peru
Importing and exporting technology into Peru is becoming an increasingly popular destination due to various government initiatives that encourage digital transformation. Peru’s strategic location in South America, bordering key trade partners such as Brazil, Colombia, and Chile, further favors tech trade. Peru is also conveniently located next to the Pacific Ocean, allowing easy access between South America and Asia. Their openness to international trade also adds to the ease of imports and exports, where Peru is a part of various Free Trade Agreements, such as the United States-Peru Free Trade Agreement (PTPA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. This, therefore, encourages trade, further making Peru an attractive country to import into. Minerals are the top exported goods, and refined petroleum is the top imported good, where Peru predominantly trades with China, the United States, and Canada.
Population
34.4 million
Biggest Industry by Export
Minerals
Capital City
Lima
Biggest Industry by Import
Petroleum
Specialized Solution for Peru
TecEx offers some of the industry’s fastest turnaround times in South America, with years of experience successfully clearing high-value shipments to their destination. TecEx provides a complete and stress-free import solution into Peru. The Delivered Duty Paid solution allows TecEx to apply for all licenses on your behalf, saving you time in acquiring and filing out all documentation. The in-depth pre-compliance checks done by TecEx will limit all delays on financial penalties, ensuring that all documentation is adequately gathered. Further, TecEx trade experts are well-versed in Peruvian customs, where TecEx will deal with all labels, providing a Spanish translation when required.
Unique Pain Points for Peru
The predominant language spoken in Peru is Spanish, where TecEx in-country experts can step in and ensure that all necessary labels and documentation required in Spanish are done accurately, alleviating added stress.
Further, Peru’s trade landscape is notoriously confusing, with several trade regulations and restrictions. If documentation is not filled in correctly, severe delays and financial penalties can occur. TecEx can, therefore, act as the Importer of Record and ensure all rules are adhered to, to create a smooth customs clearance. Corruption and a lack of transparency are also prevalent in Peru, leading to uncertainty that impacts investments in the country, making navigating imports challenging. Lastly, Peru is known for long clearance times, primarily if the correct documentation is not gathered correctly.
Countries Associated with Peru
North America
United States of America (USA)
North America
Canada
Specific Compliance Regulations
Declaración Aduanera de Mercancías (Customs Merchandise Declaration)
Harmonized Systems Code Declaration
This is a global six-digit code used to classify the product being shipped to identify tariff rates and import duties.
Bill of Lading
A Bill of Lading is necessary for exports and imports into Peru and serves as the receipt of goods, acting as a contract.
Packing List
A packing list is required, which describes the product, including its size, weight, and quantity, being shipped.
Origin Certificate
The certificate of origin indicates where the goods were manufactured and is required when importing anything into Peru.
Your global trade solution for Peru
Fill in the form to get in touch with us, and one of our experts will contact you with a customs compliance solution to suit your needs.