Peru's enhanced interest in Asian region, coupled with increased bilateral trade with India in recent years, has made India a key business partner
US$897.55mn is the value of India's exports in 2021-22
55 years of diplomatic ties were celebrated between India and Peru in 2018
US$1bn mark in India-Peru trade was crossed in 2014-15
US$30mn worth investments made by Indian companies in Peru's mining sector
US$ 3.08mn
FDI equity inflows into India from April 2000 to March 2021
US$ 3,604.93mn
is bilateral trade figure for 2021-2022
450+
Indians live in Peru
Concurrent Accreditation The Mission in Peru also handles India's bilateral relations with Bolivia
Commodity exports
Peru's major exports are copper, gold and gasoline
Mining
Five Indian companies have currently invested in Peru's well-established mining sector
IT
Peru's IT sector has a lot of potential
Pharmaceuticals
Major Indian pharmaceutical companies have their representative offices or local subsidiaries here
India's Exports and Imports to Peru
Source: Department of Commerce
Values in US $ Millions
Country / Region: PERU
S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
---|---|---|---|---|---|---|
1. | EXPORT | 760.68 | 721.03 | 764.00 | 764.69 | 897.55 |
2. | %Growth | -5.21 | 5.96 | 0.09 | 17.37 | |
3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
5. | %Share | 0.25 | 0.22 | 0.24 | 0.26 | 0.21 |
6. | IMPORT | 2,376.86 | 2,405.40 | 1,575.09 | 1,520.88 | 2,707.38 |
7. | %Growth | 1.20 | -34.52 | -3.44 | 78.01 | |
8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
10. | %Share | 0.51 | 0.47 | 0.33 | 0.39 | 0.44 |
11. | TOTAL TRADE | 3,137.54 | 3,126.42 | 2,339.09 | 2,285.57 | 3,604.93 |
12. | %Growth | -0.35 | -25.18 | -2.29 | 57.73 | |
13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
15. | %Share | 0.41 | 0.37 | 0.30 | 0.33 | 0.35 |
16. | TRADE BALANCE | -1,616.18 | -1,684.37 | -811.09 | -756.19 | -1,809.83 |
17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
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Ethyl alcohol & oth. spirits, denatured, of any strength (220720)
agriexchange.apeda.gov.inMaize (corn), other than seed (100590)
OTHER WHEAT AND MESLIN (100199)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)
Food preps., n.e.s. (210690)
Soups & broths & preps. therefor (210410)
Food preps., n.e.s. (210690)
Preparations for infant use, put up for rs (190110)
OTHER CANE SUGAR: (170114)
agriexchange.apeda.gov.inLentils, dried, shelled, whether or not skinned/split (071340)
agriexchange.apeda.gov.inCrustaceans; frozen, shrimps and prawns, excluding cold water varieties, in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water (030617)
Crustaceans; not frozen, shrimps and prawns excluding cold water varieties, in shell or not, smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water; edible flour, meals and pellets (030627)
Fish ; frozen, jack and horse mackerel (Trachurus spp.), excluding fillet, livers, roes, and other fish meat of heading 0304 (030355)
Fish preparations; tunas, skipjack and Atlantic bonito (Sarda spp.), prepared or preserved, whole or in pieces (but not minced) (160414)
Fish; frozen, skipjack or dtripe- bellied bonito, excluding fillets, livers, roes, and other fish meat of heading 0304 (030343)
Production: 797 tonnes
CDN.gob.peProduction: Cement – 906,000 tons, Export: 18,800 tons
Export: Portland Cement – US$ 22.6 million
mineria.minem.gob.pecemnet.comExports: US $14.9 billion
Production: 2,445,584 tonnes
Reserves: 81,000,000 tonnes
Production: 286,657 tons
mineria.minem.gob.peProduction: 306,784 tonnes
Reserves: 6,000,000 tonnes
Exports: US$ 1.04 billion
mineria.minem.gob.peWorld Mining Datacdn.www.gob.peProduction: 8,450,379 tons
bgs.ac.ukProduction: 536,200 tons
wmc.org.plHere are the leading sectors of opportunities for foreign investors
IFFCO has a major stake in a large phosphate mining operation
Zuari Agro, partnering with Mitsubishi, has a 30% stake in a large rock phosphate reserve
Tata Consultancy Services has a sizeable operation in Lima
Tech Mahindra has a significant presence in Peru after acquiring Israeli firm LeadCom
Redbus has acquired majority stake in Peruvian company Busportal.pe
AJE India Pvt. Ltd, manufacturing soft beverages started operations in December 2010
Resemen S.A.C, specializing in mining machinery, has opened a subsidiary, Reliant Drilling Ltd in New Delhi,
Opermin and AAC Mining Executors Ltd. are mining services companies with operations in India
Lubricants major Vistony has set up a plant near Rewari (Haryana)
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