Peruvian imports during the first two months of 2025 totaled USD 9.611 billion, marking a 19% increase compared to the same period in 2024, according to the Center for Research on Global Economy and Business of the Exporters Association (CIEN-ADEX).
The institution also highlighted that this figure is the highest recorded from January-February period in the last 26 years. According to its “Import Report – February 2025”, the increase was mainly driven by higher volumes of soybean oil (up 117.6%), diesel 2 (60.6%), and yellow corn (52.1%).
The number of importing companies reached 17,567, which represents a 10.2% rise compared to the same period last year (15,938). These companies imported a total of 5,243 products from 136 different markets. Most of the cargo entered Peru via maritime routes (85.5%), followed by air (10.2%) and land (3.7%).
All economic sectors posted positive results between January and February 2025. In terms of CIF value, the metal-mechanic sector led the rankings with USD 3.216 billion (33.5% market share), with cell phones as the main imported product.
Next came the chemical sector with USD 1.745 billion, primarily led by pharmaceuticals; hydrocarbons (USD 1.525 billion); agriculture (USD 1.202 billion); miscellaneous products (USD 606 million); and the iron and steel industry (USD 468 million). Standout items included crude oils, yellow corn, rubber footwear, and iron scrap.
Other notable sectors included apparel (USD 154 million), non-metallic mining (USD 145 million), traditional mining (USD 142 million), fishing (USD 98 million), wood products (USD 82 million), and jewelry (USD 8 million).
The most dynamic sector was mining, which saw the highest growth rate (149.2%), followed by fishing (96.7%), wood products (30.6%), textiles (28.7%), agriculture (24.8%), metal-mechanics (21.2%), and apparel (18.6%).
Imports are classified into four main usage categories: raw materials and intermediate goods grew by 17.3% and accounted for 49.9% of the total; capital goods and construction materials made up 28.4%; consumer goods represented 21.6%; and miscellaneous items accounted for 0.01%. Each of these is further divided into subcategories.
Within the raw materials and intermediate goods category (USD 4.796 billion), the main components were raw materials and intermediate goods for industry (USD 2.871 billion) and fuels and lubricants (USD 1.542 billion).
For capital goods and construction materials (USD 2.734 billion), the largest share came from capital goods for industry (USD 1.795 billion), followed by transport equipment (USD 668 million), construction materials (USD 229 million), and capital goods for agriculture (USD 43 million).
In the consumer goods category (USD 2.080 billion), non-durable consumer goods stood out with USD 1.258 billion, particularly food products and other non-durable goods. Durable consumer goods reached USD 823 million, with private transport vehicles topping the list.
China remained Peru’s leading import partner in the first two months of the year, with shipments totaling USD 2.921 billion, representing a 30.4% market share and a growth of 32.3%. The United States ranked second, with imports amounting to USD 1.845 billion, a 35.3% increase, accounting for 19.2% of the total.
Source: Portal Portuario