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Pricing

2022
Flag → Flag
Exports $13.8BRnk 27 / 219
2022
Flag → Flag
Top Product $6.79BRefined Petroleum
2022
Flag → Flag
Exports $8.69BRnk 2 / 180
2022
Flag → Flag
Top Product $833MGold
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

United States-Peru Trade: In 2022, United States exported $13.8B to Peru. The main products that United States exported to Peru were Refined Petroleum ($6.79B), Crude Petroleum ($679M), and Scrap Iron ($356M). Over the past 5 years the exports of United States to Peru have increased at an annualized rate of 10.9%, from $8.21B in 2017 to $13.8B in 2022.

In 2017, United States exported services to Peru worth $3.01B, with Travel ($882M), Financial services ($747M), and Transportation ($602M) being the largest in terms of value.

Peru-United States Trade: In 2022, Peru exported $8.69B to United States. The main products that Peru exported to United States were Gold ($833M), Other Fruits ($718M), and Grapes ($605M). Over the past 5 years the exports of Peru to United States have increased at an annualized rate of 4.6%,  from $6.94B in 2017 to $8.69B in 2022.

In 2022, Peru did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Company data: In 2023, leading companies such as Camposol Fresh (1.09k), Sierra Produce (581), and Pacific Trellis Fruit (544) were at the forefront of exporting goods from Peru to the United States. Conversely, Camposol Sa (579), Other (477), and Camposol S.a. (414) were notable for importing products to Peru from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $894M and imported $790M from Peru, resulting in a positive trade balance of $104M. Between August 2023 and August 2024 the exports of United States have decreased by $-130M (-12.7%) from $1.02B to $894M, while imports increased by $101M (14.7%) from $689M to $790M.

Trade In August 2024, the top exports of United States to Peru were Refined Petroleum ($323M), Crude Petroleum ($64.8M), Petroleum Gas ($27.4M), Scrap Iron ($24M), and Commodities not elsewhere specified ($23M). In August 2024 the top imports of United States from Peru were Grapes ($299M), Other Fruits ($65.7M), Refined Petroleum ($62.4M), Molybdenum Ore ($46.1M), and Calcium Phosphates ($43.4M).

Origins In August 2024 the exports of United States were mainly from Texas ($341M), Florida ($136M), Louisiana ($110M), California ($53.5M), and Illinois ($36.6M), while imports destinations were mainly Florida ($121M), New Jersey ($105M), California ($96.8M), Texas ($89.8M), and Louisiana ($61.6M).

Growth In August 2024, the decrease in United States's year-by-year exports to Peru was explained primarily by an decrease in product exports in Refined Petroleum ($-35.3M or -9.84%), Vinyl Chloride Polymers ($-20.8M or -81.8%), and Vaccines, blood, antisera, toxins and cultures ($-9.9M or -86.2%). In August 2024, the increase in United States's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Grapes ($84.2M or 39.3%), Refined Petroleum ($62.3M or 125k%), and Calcium Phosphates ($24.7M or 132%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-130M(-12.7%)
IMPORT GROWTH (August 2023 - August 2024)$101M(14.7%)
MAIN EXPORTER (August 2024)Texas$341M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Peru and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $13.8B to Peru. The main products exported from United States to Peru were Refined Petroleum ($6.79B), Crude Petroleum ($679M), and Scrap Iron ($356M). During the last 5 years the exports of United States to Peru have increased at an annualized rate of 10.9%, from $8.21B in 2017 to $13.8B in 2022.

In 2017, Peru exported $8.69B to United States. The main products exported from Peru to United States were Gold ($833M), Other Fruits ($718M), and Grapes ($605M). During the last 5 years the exports of Peru to United States have increased at an annualized rate of 4.6%, from $6.94B in 2022 to $8.69B in 2017.

Exports from United States (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Peru
Top DestinationChina$17.6B

This map shows whether countries import more from United States or Peru. Each country is colored based on the difference in imports they receive from United States and Peru or the difference in the growth in imports.

In 2022, countries that imported more from United States than Peru included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Peru than United States included Bolivia ($813M), Bonaire ($38.7k), and Guam ($16.4k).

Difference in imports from Peru (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Peru

Flow
Scale

This chart compares trade between United States and Peru by product, considering products traded by both, United States and Peru.

During 2022, United States had a large net trade with Peru in the exports of Mineral Products ($7.79B), Machines ($1.45B), and Chemical Products ($1.05B).

During 2017, Peru had a large net trade with United States in the exports of Vegetable Products ($2.84B), Metals ($1.21B), and Precious Metals ($1.16B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Peru+$115MCrude Petroleum
Top Product Potential Peru United States+$306MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Peru. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Peru (Flag) (2022)

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