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2023
Flag → Flag
Exports $11.1BRnk 30 / 220
2023
Flag → Flag
Top Product $5.02BRefined Petroleum
2023
Flag → Flag
Exports $18.5kRnk 2 / 177
2023
Flag → Flag
Top Product $973MGrapes
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
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GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

United States-Peru Trade: In 2023, United States exported $11.1B to Peru. The main products that United States exported to Peru were Refined Petroleum ($5.02B), Crude Petroleum ($837M), and Petroleum Gas ($272M). Over the past 5 years the exports of United States to Peru have increased at an annualized rate of 3.88%, from $9.2B in 2018 to $11.1B in 2023.

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 2023, Peru exported $9.3B to United States. The main products that Peru exported to United States were Grapes ($973M), Other Fruits ($959M), and Refined Copper ($705M). Over the past 5 years the exports of Peru to United States have increased at an annualized rate of 2.67%,  from $8.15B in 2018 to $9.3B in 2023.

In 2023, Peru did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

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

November, 2024

About

Overview In November 2024, United States exported $1.09B and imported $1.04B from Peru, resulting in a positive trade balance of $53.4M. Between November 2023 and November 2024 the exports of United States have increased by $182M (20%) from $911M to $1.09B, while imports increased by $229M (28.3%) from $810M to $1.04B.

Trade In November 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 November 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 November 2024 the exports of United States were mainly from Texas ($491M), Florida ($139M), California ($97.2M), Louisiana ($74.2M), and Illinois ($54.7M), while imports destinations were mainly Florida ($191M), California ($167M), New Jersey ($163M), Pennsylvania ($152M), and Texas ($53.1M).

Growth In November 2024, the increase in United States's year-by-year exports to Peru was explained primarily by an increase in product exports in Crude Petroleum ($28.6M or 78.9%), Petroleum Gas ($15.7M or 134%), and Aircraft parts (gliders, balloons, and powered... ($10.5M or 98.9%). In November 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 (November 2023 - November 2024)$182M(20%)
IMPORT GROWTH (November 2023 - November 2024)$229M(28.3%)
MAIN EXPORTER (November 2024)Texas$491M

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 2023, United States exported $11.1B to Peru. The main products exported from United States to Peru were Refined Petroleum ($5.02B), Crude Petroleum ($837M), and Petroleum Gas ($272M). During the last 5 years the exports of United States to Peru have increased at an annualized rate of 3.88%, from $9.2B in 2018 to $11.1B in 2023.

In 2018, Peru exported $9.3B to United States. The main products exported from Peru to United States were Grapes ($973M), Other Fruits ($959M), and Refined Copper ($705M). During the last 5 years the exports of Peru to United States have increased at an annualized rate of 52.3%, from $2.26k in 2020 to $9.3B in 2018.

Exports from United States (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from United States than Peru included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Peru than United States included North Korea ($18.5M) and Bonaire ($86.8k).

Difference in imports from Peru (Flag) and United States (Flag) (2023)

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 2023, United States had a large net trade with Peru in the exports of Mineral Products ($6.14B), Machines ($1.27B), and Chemical Products ($799M).

During 2018, Peru had a large net trade with United States in the exports of Vegetable Products ($3.38B), Mineral Products ($1.53B), and Metals ($1.39B).

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) (2023)

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