Five Products Worth Exporting Towards Peru

In this video, I discussed five products that are worth exporting to Peru. Here's a quick rundown:

1. **Waters, including mineral and aerated waters (heading 2202):** Peru's imports grew significantly (14.4% CAGR) in the last five years, with the US, Switzerland, and Mexico being the main partners. There's a high demand for non-alcoholic beverages.
2. **Self-propelled bulldozers, graders, levellers and the like (heading 8429):** Peru's imports increased by 28% in 2023, with Brazil and China being the top suppliers. There's a growing need for self-propelled shovels and excavators (sub-heading 842952).
3. **New pneumatic tyres (heading 4011):** Even though there was a 13% decrease in imports in 2023 compared to 2022, the overall CAGR for the last five years is positive (4%). Tyres used for buses, trucks, construction, mining, and industrial handling vehicles are in high demand.
4. **Machinery for sorting, screening, separating or washing (heading 8474):** Peru's imports grew by 11% in 2023. China, Chile, and Brazil are the major suppliers. There's a potential for growth from India, which has significantly increased its exports to Peru in the last five years. Parts of machinery for working mineral substances (sub-heading 847490) are in high demand.
5. **Tricycles, scooters, pedal cars and similar wheeled toys (heading 9503):** There was a slight decrease in imports in 2023, with China being the dominant supplier (almost 90% market share). Wheeled toys (sub-heading 950300) are the main driver of imports from Vietnam and Indonesia.

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