Import from Philippines to Peru

As global trade routes evolve, the corridor between Southeast Asia and South America is becoming increasingly vital. Specifically, the trade relationship between the Philippines and Peru is entering a new era of growth. Following recent diplomatic commitments to strengthen bilateral ties, now is the perfect time for businesses to explore importing Philippine goods into the Peruvian market.

In this guide, we break down what you need to know about the products, the procedures, and the potential of this trans-Pacific trade route.

Current Trade Landscape: A Growing Partnership

Recent reports from the Presidential Communications Office (PCO) and GMA Network highlight a significant shift: the Philippines and Peru have officially vowed to deepen their trade ties. With the arrival of new diplomatic envoys and a shared interest in the APEC forum, both nations are working to reduce trade barriers.

While the Philippines currently ranks as the 48th leading exporter globally (per BusinessWorld), its specialized manufacturing and agricultural sectors offer unique value to the Peruvian economy, which is hungry for high-quality electronics and industrial components.

Top Products to Import from the Philippines to Peru

Based on 2024 trade data from Eximpedia and Tradeimex, the Philippines excels in several key sectors that align with Peru’s import needs:

Electronic Equipment and Semiconductors

Electronics remain the Philippines’ powerhouse export. This includes:

  • Integrated circuits and semiconductors.
  • Office machine parts.
  • Electrical transformers.

Machinery and Mechanical Appliances

With a robust manufacturing sector, the Philippines is a prime source for specialized machinery used in various industrial applications in Peru.

Copper and Copper Articles

As Peru continues to develop its infrastructure, the demand for high-quality copper products (refined copper and wire) remains high – a sector where the Philippines is a global contender.

Fruits and Edible Products

The Philippines is world-renowned for its tropical exports. Processed fruits, coconut products, and specialized food items are increasingly popular in the Peruvian culinary scene.

How to Import: Step-by-Step Procedures

Importing from the Philippines requires navigating the regulations of the Bureau of Customs (BOC) and ensuring compliance with Peruvian import laws.

Step 1: Business Registration

Before you begin, ensure your business is registered with the Client Profile Registration System (CPRS) through the Philippine Bureau of Customs.

Step 2: Documentation

According to ASEAN Briefing, you will need the following standard documents:

  • Bill of Lading or Airway Bill
  • Commercial Invoice
  • Packing List
  • Import Permit
  • Certificate of Origin (Crucial for claiming any preferential tariff rates)

Step 3: Customs Clearance

In the Philippines, exports are processed through the Automated Export Documentation System (AEDS). On the Peruvian side, your goods will undergo a valuation process based on the WTO Customs Valuation Agreement.

Logistics: Shipping from the Philippines to Peru

Shipping across the Pacific is a significant undertaking. According to FW Freight, there are two primary methods:

  • Ocean Freight: The most cost-effective method for bulk goods. Major routes typically run from the Port of Manila to the Port of Callao (near Lima). Expect a transit time of 30 to 45 days.
  • Air Freight: Best for high-value, low-volume electronics or perishable goods. While more expensive, it reduces transit time to approximately 5–7 days.

Why Choose the Philippines as Your Sourcing Partner?

  1. Strategic Diplomatic Ties: As President Marcos Jr. recently welcomed the new Peruvian envoy, both nations are prioritizing “economic diplomacy,” which often leads to streamlined trade processes.
  2. High Quality, Lower Costs: The Philippines offers a highly skilled, English-speaking workforce and competitive manufacturing costs compared to Western neighbors.
  3. Diversification: For Peruvian businesses, sourcing from the Philippines helps diversify supply chains away from over-reliance on a single market.

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