Exporting to Peru

Peru

Opportunities for Spanish Business

Stront points

  • Strong commercial ties with Spain, 8th biggest commercial client of Peru, acting as the gateway to Europe.
  • High sustainable economic-financial growth.
  • Structural reforms in the business field fostered by the government.
  • Plentiful supply of natural resources.
  • Flexible legal framework in the field of foreign investment inversión extranjera.

Investments

  • Building sector. 88,000 million USD in infrastructure projects up to 2021, mainly in: energy, transport, telecommunications and water infrastructure.
  • Other potential sectors: iron and steel products, building equipment, farming-food machinery (especially for irrigation), packaging, electronics and I.T. and textile machinery.
  • Wide range in significant import markets for Peru such as medical products, chemicals and services for the mining industry.

Weaknesses

  • Vulnerable to fluctuations in mineral and metal prices (main exports).
  • Fragile business climate with an extensive informal sector.
  • Current deficit in infrastructures.

Prospects

  • Concession of Pan-American Games 2019 and building over the coming years of “planned cities” promoted by the Peruvian State.
  • De-dollarization process lead by the BCRP.
  • Still a fairly low Spanish presence in the sector of chemicals and services connected with mining which have high volumes of imports to the country.

 

Contact

Peru

Víctor Andrés Belaunde, 214

Oficina 401B

San Isidro – Lima

Contact data:
Manager: Juan Ignacio de la Vega
tel. (+51) 1 441 4644

 

Contact

State system

Constitutional republic

Official language

Spanish

Currency

Nuevo sol (PEN)

Exchange rate

1 euro = 3.75 soles (february de 2016)

Religion

  • Catholics (85,3%)
  • Evangelicals and others (10,15%)

Population

31.151.643 (June 2015 – INEI)

Time difference

Summer: -7 hours

Winter: -6 hours

 

BS in Peru

Manager: Juan Ignacio de la Vega

Experience

The representative office in Lima, offers you a team which will help you with professionalism and dedication, giving you individual and personal assistance

Our office combines in-depth knowledge of the specific features of the Peruvian market, as well as of the local financial sector, Spanish organisations present in Peru and public institutions.

Services

  • Guidance and introduction of Spanish business on the local market.
  • Advice on a range of financial products: bilateral credits, syndicated credits, club deals, project financing.
  • Regular contact with Spanish and local companies from multiple sectors, and with public and private agents in the country.
  • Follow-up of operations.
  • Our office combines in-depth knowledge of the specific features of the Peruvian market, as well as of the local financial sector, Spanish organisations present in Peru and public institutions.