Top Import Products from India to Peru

14-Jan-2025

Overview

Peru
 

> Machinery and Mechanical Appliances: 20%

> Mineral Fuels and Oils: 18%

> Vehicles: 15%

> Electrical Machinery and Equipment: 12%

> Pharmaceuticals: 8%

> Plastics and Articles thereof: 7%

> Iron and Steel: 6%

> Organic Chemicals: 5%

> Articles of Iron or Steel: 5%

> Cereals (mainly wheat): 4%

These top 10 import items represented a significant 90% of Peru's total import value for 2023. When analyzing Peru's customs records, it's evident that the fastest-growing import categories were Machinery and Mechanical Appliances (USD 8 billion), Mineral Fuels and Oils (USD 7 billion), and Vehicles (USD 6 billion) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Pharmaceuticals, Iron and Steel, Articles of Iron or Steel, as well as Cereals.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Peru’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products from india to peru
Import Products from india to peru
100
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Parts and accessories of vehicles of headings 8711 to 8713

HSN Code:  87141090   87149990   87149400  
Importers : Peru Importers 91
Peru Importers Shipment 224,580
Value $14,121,110.97 $17,973,523.55 redDownArrow -21.43% 0.71%
Shipment 72,983 80,694 redDownArrow -9.56% 12.32%
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87089999   87082920  
Importers : Peru Importers 284
Peru Importers Shipment 199,103
Value $21,234,691.66 $24,534,205.39 redDownArrow -13.45% 1.06%
Shipment 65,855 66,871 redDownArrow -1.52% 11.12%
Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, With or without side-cars;

HSN Code:  87112000   87113000   87112029  
Importers : Peru Importers 17
Peru Importers Shipment 146,347
Value $93,994,583.44 $118,646,806.83 redDownArrow -20.78% 4.71%
Shipment 40,669 63,338 redDownArrow -35.79% 6.87%
Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), Including station wagons and racing cars

HSN Code:  87032100   87032290   87032390  
Importers : Peru Importers 13
Peru Importers Shipment 99,633
Value $457,512,066.03 $407,969,034.72 greenUpArrow 12.14% 22.94%
Shipment 37,821 35,355 greenUpArrow 6.97% 6.38%
Orthopaedic appliances, Including crutches, Surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, Or implanted in the body, To compensate for a defect

HSN Code:  90211020   90211000   90211010  
Importers : Peru Importers 56
Peru Importers Shipment 68,212
Value $8,081,372.85 $4,875,509.82 greenUpArrow 65.75% 0.41%
Shipment 22,076 18,042 greenUpArrow 22.36% 3.73%
Parts suitable for use solely or principally with the engines of heading 8407 or 8408

HSN Code:  84099999   84099140   84099160  
Importers : Peru Importers 211
Peru Importers Shipment 66,339
Value $16,671,938.51 $17,188,644.85 redDownArrow -3.01% 0.84%
Shipment 20,967 25,195 redDownArrow -16.78% 3.54%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73181590   73182400   73182200  
Importers : Peru Importers 272
Peru Importers Shipment 45,320
Value $3,349,587.43 $2,742,194.65 greenUpArrow 22.15% 0.17%
Shipment 14,851 16,056 redDownArrow -7.50% 2.51%
Other articles of vulcanised rubber other than hard rubber

HSN Code:  40169300   40169990   40169929  
Importers : Peru Importers 258
Peru Importers Shipment 40,514
Value $4,037,088.91 $5,182,864.93 redDownArrow -22.11% 0.20%
Shipment 13,652 14,165 redDownArrow -3.62% 2.30%
Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, Including torque converters; flywheels and pulleys, Including

HSN Code:  84833090   84831091   84839040  
Importers : Peru Importers 269
Peru Importers Shipment 39,437
Value $9,512,248.31 $10,521,596.82 redDownArrow -9.59% 0.48%
Shipment 12,945 15,396 redDownArrow -15.92% 2.19%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For

HSN Code:  85365011   85365090   85362030  
Importers : Peru Importers 184
Peru Importers Shipment 32,833
Value $7,287,459.69 $6,511,487.75 greenUpArrow 11.92% 0.37%
Shipment 10,625 10,777 redDownArrow -1.41% 1.79%
Electrical lighting or signalling equipment (excluding articles of heading 8539), Windscreen wipers, Defrosters and demisters, Of a kind used for cycles or motor vehicles

HSN Code:  85122090   85122010   85122020  
Importers : Peru Importers 134
Peru Importers Shipment 31,730
Value $1,960,992.98 $3,254,568.57 redDownArrow -39.75% 0.10%
Shipment 9,740 12,021 redDownArrow -18.98% 1.64%
Ball or roller bearings

HSN Code:  84821000   84829900   84822000  
Importers : Peru Importers 201
Peru Importers Shipment 30,548
Value $6,269,109.03 $7,801,675.65 redDownArrow -19.64% 0.31%
Shipment 9,774 12,052 redDownArrow -18.90% 1.65%
Centrifuges, Including centrifugal dryers; filtering or purifying machinery and apparatus, For liquids or gases - centrifuges, Including centrifugal dryers:

HSN Code:  84212300   84219910   84213100  
Importers : Peru Importers 252
Peru Importers Shipment 30,336
Value $11,569,643.12 $17,720,987.33 redDownArrow -34.71% 0.58%
Shipment 10,510 10,590 redDownArrow -0.76% 1.77%
Electrical ignition or starting equipment of a kind used for spark-ignition or compression- ignition internal combustion engines (for example, Ignition magnetos, Magneto- dynamos, Ignition coils, Sparking plugs and glow plugs, Starter motors); generators

HSN Code:  85119090   85114090   85112010  
Importers : Peru Importers 128
Peru Importers Shipment 27,673
Value $6,344,813.73 $6,957,334.64 redDownArrow -8.80% 0.32%
Shipment 9,452 9,582 redDownArrow -1.36% 1.60%
T-shirts, Singlets and other vests, Knitted or crocheted

HSN Code:  61091000   61099090   61099010  
Importers : Peru Importers 117
Peru Importers Shipment 27,182
Value $13,398,400.96 $13,899,310.18 redDownArrow -3.60% 0.67%
Shipment 9,238 9,360 redDownArrow -1.30% 1.56%