Peru

Герб
 Флаг
 

Coat of arms: has escutcheon or shield, consisting of three elements: the top left section shows the vicuña, the national animal, on a light-blue field, representing the fauna of Peru; the tree in the top right section is the cinchona tree (the source of quinine, a powerful anti-malarial drug and the key flavorant in tonic water), on a white background, representing the national flora; and the bottom cornucopia with coins spilling from it, on a red field, represents the mineral resources of the country

 

Flag: was adopted by the government of Peru in 1824. It is a vertical triband with red outer bands and a single white middle band. Red represents the blood that was spilled for the fight. White represents Purity and Peace.

 
  • Anthem: «Himno Nacional del Perú» is the national anthem of the Republic of Peru. The anthem was composed by José Bernardo Alcedo and its lyrics were written by José de la Torre Ugarte.
  • Official languages: Spanish.
  • Geographical location: it is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the west by the Pacific Ocean.
  • Administrative divisions: Peru is divided into 25 regions and the province of Lima.
  • Capital: Lima.
  • Governance: the politics of the Republic of Peru takes place in a framework of a unitary semi-presidential representative democratic republic, whereby the President of Peru is both head of state and head of government, and of a pluriform multi-party system. Executive power is exercised by the President and the Government. Legislative power is vested in both the Government and the Congress. The Judiciary is independent of the executive and the legislature.
  • Population: 31.38 million. 
  • Currency: Sol.
  • ВВП: $189.11 billion.
  • Time zone: GMT -5.
  • Telephone code: +51.
  • Barcode: 775.

 

Trade and economic cooperation between Belarus and Peru

The main principles of the Peruvian economy are to liberalize trade and attract foreign investments. The government makes efforts to strengthen trade and economic relations with other countries in order to increase Peruvian exports. Foreign economic policy of the country is focused on signing of free-trade agreements (FTAs) with the countries that have stable and developing economies.

Foreign trade dynamics in 2010 — 2015 (in billion U.S. dollars)

 

2010

2011

2012

2013

2014

2015

Turnover

64.3

83.1

88.4

85.8

82.1

71.2

Exports

35.5

46.2

46.3

42.5

39.8

33.2

Imports

28.8

36.9

42.1

43.3

42.3

38.0

Surplus

6.7

9.3

4.5

-0.8

-25

-4.8

The main trade partners of Peru were China, the USA, Brail and Japan in 2015.

Trade turnover between Belarus and this country increased in 4 times to $22 million against $5 million in 2014. In 2015, Belarusian exports to Peru increased by 250% to $0.42 million as compared to the previous year. During the period under consideration Peruvian exports to Belarus increased by 323.5% to $21.6 million.

Belarus's most valuable products, imported by Peru in 2015:

  • Tractors and semi-tractors ($0.26 million);
  • Synthetic filament yarn ($0.15 million);
  • Centrifuges, filtering or purifying machinery and apparatus for liquids or gases ($0.08 million);

Peru's most valuable products, imported by Belarus in 2015:

  • Fresh apricots, cherries, black cherries, peaches, plums and sloes ($10.6 million);
  • Apples, pears ($4.8 million);
  • Grapes and dried grapes ($1.26 million);
  • Other fresh fruits ($1.25 million).

Belarus mainly exports tractors to Peru. The following high value-added products are likely to be in demand in Peru:

  • Tractors and semi-tractors (HS code 8701);
  • Synthetic filament yarn (HS code 5402);
  • Agricultural machinery (HS code 8432).

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Argentine Republic, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Peru for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

When using the materials of this article, the link to Export.by is obligatory.

Best wishes,

Administration of Export.by

Back to Country Guidebooks List