Living in Peru : your everyday companion

Trade Mission

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

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Cotton: Peruvian Gold for the U.S. Market

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FTA already in force since 1st. February: 98% of our exports enter the U.S. without tariffs

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The new “Consumer Product Safety Improvement Act” of the American Government

Courtesy of

The U.S. Consumer Product Safety Commission - CPSC has jurisdiction over 15,000 types of consumer products. The CPSC works to ensure the welfare and health of the American consumer, regulating consumer products targeted to the residential, educational, recreational or personal use.

Under the laws of the U.S. government to give jurisdiction to the CPSC, related to the products manufactured or produced or imported to the United States, it is the Consumer Product Safety Act - CPSA, established in 1972, and it has the aim to give the CPSC standards for consumer products, aiming to protect consumers from risks and permanent damage caused by such products.

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Peru: Speeding up trade

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

Certainly, the aggressive strategy of commercial integration will allow the expansion of our trade, mainly because of the dismantling of market access barriers, and this, without doubts, will result in more jobs for Peruvians and more competitiveness for our industries.

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Peru: Chain reaction

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

Without doubts, one of the sectors with greater dynamics in sales to the global market is Textile and Apparel and the observed annual average growth rate of 21.7% of Peruvian exports in the last 6 years in this sector, prove our point. In 2002, our country exported barely 526 million USD and at the end of 2007, Peru exported the record amount of 1,390 million USD. These figures reveal an important expansion that was possible, mainly because of the preferential access granted by the ATPDEA regime, that gave our exports a special advantage in front of the main competitors in the United States market by releasing our apparel products of a 16% average ad- valorem duty.

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Peru: Limitless Artichokes

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

Eleven years ago, the Peruvian ranking of exports was obviously dominated by minerals and low added value products, nevertheless, since the preferences adjusted and we could access a variety of different markets, star products like asparagus and textile manufacturers became the top 50 and ever since, many non traditional products are following their footsteps. Such is indeed the case of artichokes, that to this day represent one of the 5 basic non traditional products exported by our country after asparagus fresh and canned, as well as evaporated milk and paprika chili pepper.

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Peru: The Peruvian Jalapaños case

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

The Jalapeño chili or (aji) owes its name to the Mexican city of Xalapa in Veracruz, where the majority of this fundamental Mexican food ingredient production is located. But contrary to what a lot of people would expect and think, this variety of the so called Capsicum Annuum, has been cultivated and harvested over 7,000 years ago, nowhere else but in Peru, and it was then taken, originally, by Cristóbal Colón to Europe.

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Peru: Adding up the Trouts*

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

Last week, I was commenting on duplicating successful programs for industrial capabilities like the one created by the PRA project in order to take advantage of the PTPA Peru- U.S. agreement and other negotiated agreements, especially in the more depressed zones of the country. These type of programs have acquainted many producers and associations with the market as well as consolidated a vast amount of sales thanks to the technical support displayed to overcome, insufficient offers or other obstacles that didn’t allow meeting the standards requirements.

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Peru: Capacity building to take advantage of the Free Trade Agreement *

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

In numerous times I have mentioned the endless possibilities that due to the approved Free Trade Agreements our exports face to enter the U.S. and other markets. Nevertheless, for it to really happen we need to get our industrial force involved in the commercial world, and this demands an ongoing process of getting the right information through as well as building capacities in the private sector in order for them to take better advantage of the benefits that each of these agreements will offer. Obviously, it is worthless to have a network of agreements for our industrial sector if they don't know they exist or perhaps, can't explore the opportunities they grant them.

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