Flag United States / Peru Flag

2019
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Exports
: $8.9B, Rnk 31 / 218

2019
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Top Product
: $2.67B, Refined Petroleum

2019
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Exports
: $5.79B, Rnk 2 / 177

2019
Flag β†’ Flag
Top Product
: $476M, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.63, Rnk 10 / 157

2019
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Economic Complexity (ECI)
: ECI -0.5, Rnk 102 / 157

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $227B, CURRENT US$
Rnk 49 / 187

2009-2019
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GDP GROWTH
: 87.8%, CURRENT US$
Rnk 39 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC 
: $6,978, CURRENT US$
Rnk 90 / 187

2009-2019
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GDP PC GROWTH
: 66.3%, CURRENT US$
Rnk 37 / 187

United States-Peru: In 2019, United States exported $8.9B to Peru. The main products that United States exported to Peru are Refined Petroleum ($2.67B), Crude Petroleum ($674M), and Corn ($210M). During the last 24 years the exports of United States to Peru have increased at an annualized rate of 6.57%, from $1.93B in 1995 to $8.9B in 2019.

In 2019, United States did not exported services to Peru.

Peru-United States: In 2019, Peru exported $5.79B to United States . The main products that Peru exported to United States were Refined Petroleum ($476M), Other Fruits ($471M), and Grapes ($392M). During the last 24 years the exports of Peru to United States have increased at an annualized rate of 7.53%, from $1.01B in 1995 to $5.79B in 2019.

In 2019, Peru did not exported services to United States.

Comparison: In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.63), and 2 in total exports ($1.51T). That same year, Peru ranked 102 in the Economic Complexity Index (ECI -0.5), and 53 in total exports ($46.8B).

Bilateral Trade by Products

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Depth
Value

In 2019, United States exported $8.9B to Peru. The main products exported from United States to Peru were Refined Petroleum ($2.67B), Crude Petroleum ($674M), and Corn ($210M). During the last 24 years the exports of United States to Peru have increased at an annualized rate of 6.57%, from $1.93B in 1995 to $8.9B in 2019.

In 2019, Peru exported $5.79B to United States. The main products exported from Peru to United States were Refined Petroleum ($476M), Other Fruits ($471M), and Grapes ($392M). During the last 24 years the exports of Peru to United States have increased at an annualized rate of 7.53%, from $1.01B in 1995 to $5.79B in 2019.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Peru
Top Destination
: China, $13.6B

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 2019, countries that imported more from United States than Peru were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Peru than United States were Bolivia ($707M), Bonaire ($42.9M), and North Korea ($3.14M).

Comparative Advantage United States - Peru

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Depth

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

During 2019, United States had a large net trade with Peru in the exports of Mineral Products ($3.55B), Machines ($1.64B), and Chemical Products ($742M).

During 2019, Peru had a large net trade with United States in the exports of Vegetable Products ($2.08B), Mineral Products ($989M), and Textiles ($703M).

Tariff Section

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This section shows import tariffs for products traded between United States and Peru (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Peru were Tobacco, unmanufactured, not stemmed or stripped (29.1%) and Tobacco, unmanufactured, stemmed or stripped (29.1%).

In 2018, the products from Peru that paid the highest import tariffs to enter United States were Coffee, roasted, not decaffeinated (8.5%) and Bovine carcasses and half carcasses, fresh or chilled (8.3%).

Explore Tariff Data

*The tariffs present between United States and Peru are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
147: Peru - United States Trade Promotion Agreement (2007)
147: Peru - United States Trade Promotion Agreement (2007)

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Peru. Similarly, the more red a dot/product is, the more Peru has comparative advantage over United States.