Market profile

Peru’s fast-growing economy is one of Latin America’s top performers, with 18 years of macroeconomic and financial stability to its credit. The world’s second biggest producer of silver, third biggest producer of copper and zinc, fourth biggest of tin and lead and the sixth biggest in gold has a well-established mining, equipment, technology and services (METS) sector.

The country has pursued numerous trade agreements in the past decade to encourage regional integration and stronger links across the Pacific. It offers emerging opportunities in oil and gas, water technology for mining, agriculture and urban supply; agricultural equipment and services, infrastructure and healthcare.

More information on doing business in Peru

Facts

  • Merchandise exports A$120 million
  • Services exports A$73 million
  • Capital Lima
  • Official languages Spanish, Quechua, Aymara
  • Area 1,280,000 sq km
  • Population 32.2 million

Events

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Information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Peru and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

 

Australia's trade at a glance – Australia's top ten trading partners

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Peru. This is regularly updated and should be checked before planning travel.

» read more at DFAT

Business risks

Bribery of Foreign Officials

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government.

APEC Business Travel Card Scheme

Managed by the Department of Home Affairs, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.

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Export grants

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EMDG applications can be lodged by approved consultants.

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Free Trade Agreements

Increased trade creates more Australian jobs and delivers more opportunities for Australian businesses. Find out about how you can take advantage of free trade agreements.

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How Austrade can help

Austrade provides information, advice and range of trade services to assist Australian businesses reduce the time, cost and risk associated with exporting.

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