Includes the barriers (tariff and non-tariff) that U.S. companies face when exporting to this country.
Last Published: 9/30/2019
In March 1991, Peru introduced an import surcharge on several agricultural commodities (rice, corn, sugar, and dairy products are still subject to potential surcharges) in order to offset exporting countries’ subsidies. The commodity surcharges were calculated on a weekly basis, according to prevailing international prices, before the government began incrementally reducing the prices in April 1994. In July 2001, this system was replaced by a "price band system," similar to that of the Andean Community. However, U.S. agricultural goods are no longer subject to this price band system due to the PTPA. The surcharge on agricultural imports to Peru under the price band system is currently in effect for non-U.S. exporters, in response to decreasing international prices. This situation benefits U.S.-origin agricultural exports, proving advantageous for American exporters in the Peruvian market. In recent years, the Peruvian tax and customs agency, Superintendencia Nacional de Administration Tributaria (SUNAT), implemented a new system for collecting taxes (VAT and income) in order to assure tax collection throughout the distribution channel and to increase revenues. Although this system may not cause much trouble to some sectors, others are being hurt because their margins are smaller than the advanced payments. For more information and help with trade barriers please contact:
International Trade Administration
Enforcement and Compliance
(202) 482-0063
ECCommunications@trade.gov
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.