Andina

Peru: CIF imports expanded 9.8% in 2017

15:28 | Lima, Jan. 29.

Peru's CIF imports totaled US$39.714 billion in 2017, a 9.8% increase compared to 2016, the National Customs and Tax Administration (Sunat) reported.

Such growth was mainly underpinned by greater imports of consumer goods, commodities, and —to a lesser extent— capital goods.

Likewise, Sunat noted CIF imports —into Peru— amounted to US$3.405 billion last December, up by 9.8% over the same month in 2016.

Consumer goods

Consumer goods imports reached US$9.410 billion in 2017, an 8.6% rise from the previous year.

Purchases of non-durable consumer goods grew 11.7%, thus totaling US$5.200 billion.

Said result was driven by higher demand for food such as milled or semi-milled rice, cane sugar, and fresh apples, among others.

On the other hand, durable consumer goods imports reached US$4.210 billion, a 5% increase if compared to 2016. 

Commodities

According to Sunat, commodity imports rose 17.3% between January and December 2017, thus totaling US$18.524 billion.

In this context, higher purchases for the transport (+38%), and agriculture (+21.3%) sectors were registered.

Origin 

It must be noted China and the United States were Peru's major suppliers in 2017 with shipments worth US$8.849 billion and US$8.048 billion, respectively. 

Together, they accounted for 42.6% of the total imported value.

(END) MDV/MDV/JAA/MVB


Published: 1/29/2018