Lima International Lighting Exhibition, Peru

- Sep 04, 2018-

Exhibition introduction

LED EXPO PERU is a large-scale and influential lighting professional exhibition in Peru and Latin America. It has gathered the world's largest lighting electrical, lighting and other industry companies to participate in the exhibition. The number of international buyers registered at the show continues to increase, and their interest in exhibits and services as well as exhibitors is growing. The government has done a lot of publicity at home and abroad for the effect of the exhibition. During the exhibition, there were 170,000 visitors from all over the world, including architects, decorators, importers and shopkeepers. The organizers of the exhibition also invited international buyers from major trade centers to watch the exhibitors' products, which greatly increased the flow of visitors and improved the professionalism of the exhibition. Peru and South America are key export destinations in China, but the potential of high-quality and inexpensive Chinese lighting products in the South American market is still expected to be explored by powerful Chinese companies. The exhibition will build a bridge for exhibitors to open up markets.

Market analysis

Peru is located in the western part of South America, bordering Ecuador and Colombia in the north, neighboring Brazil and Bolivia in the east, bordering Chile in the south and the Pacific Ocean in the west. It is one of the countries with the best economic prospects in South America. Peru has a land area of 1.285 million square kilometers and a population of 30 million. According to Peruvian Customs statistics, from January to June 2017, the import and export volume of bilateral secret goods between China and Peru was US$ 9.43 billion, an increase of 27.2%. Among them, Peru’s exports to China were US$5.3 billion, up 50.7%, accounting for 27.3% of Peru’s total exports, up 5.1 percentage points; Peru’s imports from China were US$4.13 billion, up 6.1%, accounting for 22.0% of Peru’s total imports, down 0.5 percentage point. From January to June, Peru's trade surplus with China was US$1.17 billion, compared with the deficit in the same period last year. As of June, China is Peru's largest export market and the largest source of imports. Since the establishment of diplomatic relations between China and Peru in November 1971, relations between the two countries have maintained good development. In April 2013, the two heads of state announced the promotion of bilateral relations as a “comprehensive strategic partnership”. The secret became the only Latin American country with both a comprehensive strategic partnership and a free trade agreement. Peru has become the country with the fastest economic growth in South America. With the successful bid for the World Cup and the Olympic Games in Brazil, Peru will also benefit a lot from Brazil's neighbors. The Peruvian government is investing heavily in the construction of projects to improve infrastructure in Peru, and the demand for construction machinery and equipment has also increased. The cooperation between China and South American countries, especially Peru, has also entered a new stage.