Imports in the first two months of 2025 totaled US$9.611 billion, experiencing a 19% increase compared to the same period in 2024, the Global Economy and Business Research Center of the Exporters' Association (CIEN-ADEX) reported.
Similarly, this result marks the highest in the last 26 years for the January-February period.
In its "Import Report – February 2025," the increase was driven by higher volumes of soybean oil (+117.6%), Diesel 2 (+60.6%), and yellow corn (+52.1%).
The number of importing companies reached 17,567, 10.2% higher than the same period last year (15,938), collectively importing 5,243 product categories from 136 markets.
Most of these goods entered Peru via three main routes: maritime (85.5%), air (10.2%), and land (3.7%).
By Sector
Between January and February 2025, all sectors showed positive results. By CIF value, the metal-mechanical sector ranked first, with US$3.216 billion (33.5% share), led by cell phones as top product.
It was followed by the chemical sector with US$1.745 billion (mainly pharmaceuticals), hydrocarbons (US$1.525 billion), agriculture (US$1.202 billion), various goods (US$606 million), and iron and steel (US$468 million).
Notable imports included crude oils, yellow corn, rubber footwear, and iron scrap, respectively.
Other relevant imports were clothing (US$154 million), non-metallic mining (US$145 million), traditional mining (US$142 million), fishing (US$98 million), wood (US$82 million), and jewelry (US$8 million).
The most dynamic sector was mining, which expanded 149.2%, followed by fishing (+96.7%), wood (+30.6%), textiles (+28.7%), agriculture (+24.8%), metal-mechanics (+21.2%), and clothing (+18.6%).
By Use
Imports are categorized into four main groups based on usage:
Raw materials and intermediate goods grew 17.3%, representing 49.9% of the total.
Capital goods and construction materials accounted for 28.4%.
Consumer goods represented 21.6%.
Miscellaneous: A minimal 0.01%.
Each category is further divided into subcategories:
Raw materials and intermediate goods (US$4.796 billion): Led by industrial raw materials and intermediate products (US$2.871 billion) and fuels and lubricants (US$1.542 billion).
Capital goods and construction materials (US$2.734 billion): Dominated by capital goods for industry (US$1.795 billion), followed by transport equipment (US$668 million), construction materials (US$229 million), and capital goods for agriculture (US$43 million).
Consumer goods (US$2.08 billion): Non-durable consumer goods amounted to US$1.258 billion, mainly food products and other non-durables, while durable consumer goods totaled US$823 million, led by private transport vehicles.
By Country of Origin
In the first two months of the year, China was the leading supplier, with US$2.921 billion (a 30.4% share and 32.3% growth).
The United States ranked second, with US$1.845 billion, increasing its exports to Peru by 35.3%, accounting for 19.2% of total imports.
Additional Data
In February 2025, imports reached US$4.428 billion, a 9.5% increase compared to February 2024.
(END) NDP/MDV/JMP/MVB