Andina

Peru: CIF imports expanded by 1.8% September

Peru

Peru's trade surplus rose to $2.89 billion between January and October. Photo:Andina/archive

14:25 | Lima, Oct. 20.

Peru's CIF imports totaled US$3.274 billion last September, up 1.8% from the same month last year, the National Customs and Tax Administration (Sunat) reported.

Such figure was mainly underpinned by an increase in incoming shipments of private transportation vehicles (47.4%), fuel (31.1%) and animal food (69.1%).

Consumer-good imports experienced a 4.7% growth. Said positive result was led by a rise in durable consumer goods access (21.9%), which slightly reduced due to lower incoming shipments of non-durable consumer goods (-7.4%). 

Durable consumer-good imports expansion was supported by higher demand for private transportation vehicles (47.4%), household machines and equipment (12.8%), domestic utensils (2.7%), ornaments, musical instruments and others (0.3%).

The decrease in non-durable consumer good imports was explained lower shipments of tobacco (-57.5%), food (-15%), other non-durable products (-10.9%) and garments (-8.2%).

Reduction was partially attenuated by growth in incoming shipments of pharmaceutical and toiletry products (10.8%), as well as beverages (3.1%). 

Raw materials and intermediate products

Raw material imports increased 2.9% last September due to greater purchases of fuel (27.3%) and intermediate products for the farming sector (11.8%). 

Such positive results were reduced by lower raw material imports for the industrial sector (-5.8%).

Regarding raw materials and intermediate products for farming, expansion was supported by higher purchases of food supplies for animals (69.1%). 

Likewise, lower imports of raw materials and intermediate products for the industrial sector were registered.

(END) JJN/JJN/JHM/MVB

Published: 10/20/2016