In July 2001, Peru implemented a “price band system” for sensitive agricultural products, including corn, rice, sugar, and powdered milk.   However, U.S. agricultural goods are not subject to this system due to the PTPA, thereby providing American exporters an advantage in the Peruvian market.  In addition, 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) to increase revenues and assure tax collection throughout the distribution channel.  Although this system may not distort prices in some sectors, others are affected 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

Email: ECCommunications@trade.gov