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How dependent is Peru on the United States?

In 2024, the United States sold $10.2 billion to Peru, 18.6% of its imports, ranking 2nd among its suppliers. Its share was 20.5% in 2019 and 25.5% in 1995. In 35 products it sells more than 50% of what Peru buys of them (in 12, more than 75%); what Peru buys from the United States in those products (dominated value) adds up to $5.2 billion, 9.6% of its imports.

Summary

Share of its imports
18.6%
Value imported
$10.2billion
Rank among its suppliers
2nd
Products where it sells over 50%
35
Products where it sells over 75%
12
Dominated value
$5.2billion
Share of total imports
9.6%

Trend

Trend in shares

The United States went from 25.5% to 18.6% of what Peru buys

Share (%)

  • United States 18.6%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952,09625.5%1
19962,22626.2%1
19972,43326.7%1
19982,33727%1
19992,00127.4%1
20001,76222.9%1
20011,77923.5%1
20021,56119.8%1
20031,65518.9%1
20041,96318.8%1
20052,28217.5%1
20062,54815.8%1
20073,56117.3%1
20085,69518.7%1
20094,42319.7%1
20107,62220.6%1
20117,43119%1
201211,76520.1%1
201312,94321.5%1
20148,81720.6%2
20159,86020%2
20167,02119%2
20178,15720%2
20189,19821.2%2
20198,80120.5%2
20206,63218.1%2
20219,75319%2
202214,41023.9%2
202311,13821.3%2
202410,16318.6%2

Products where the United States sells more than half

ProductSupplierShareSecondValue
Refined petroleumUnited States81%over 75%Canada · 12.5%$3.8 billion
Natural gas and LPGUnited States82.7%over 75%Chile · 7.1%$292 million
Ferrous scrapUnited States74.8%Chile · 13.8%$271 million
PolyethyleneUnited States57.9%Brazil · 10.1%$268 million
Ethyl alcohol (ethanol)United States92.7%over 75%Bolivia · 6%$135 million
Raw cottonUnited States99.6%over 75%Turkey · 0.19%$93 million
PVC and other vinyl polymersUnited States67.1%Colombia · 18.2%$86 million
Turbojets and gas turbinesUnited States67.9%Sweden · 11.9%$58 million
GoldUnited States99.7%over 75%India · 0.2%$52 million
Fuel and lubricant additivesUnited States59.4%Italy · 9.4%$44 million
Lubricant preparationsUnited States64.5%Germany · 10.8%$37 million
SulfidesUnited States65.5%China · 33.5%$26 million
Nitriles (acrylonitrile)United States61.4%South Korea · 24.4%$20 million
Other nuts (almonds, walnuts)United States76.2%over 75%Chile · 15%$17 million
LogsUnited States65.1%Chile · 34.9%$14 million
Airplanes and helicoptersUnited States94.6%over 75%Brazil · 4.8%$12 million
AntifreezeUnited States69.8%Mexico · 13.1%$10 million
Shipping containersUnited States54%China · 35.6%$9 million
Aluminum powder and flakesUnited States60.7%Chile · 9.6%$9 million
Coal tar oilsUnited States65.7%China · 13.3%$5 million
Citrus fruitUnited States82.5%over 75%United Kingdom · 9.9%$4 million
ResistorsUnited States57.1%China · 6.3%$4 million
SausagesUnited States67.8%Spain · 20.6%$3 million
Starch, sugar and brewing residuesUnited States82%over 75%Chile · 16.6%$3 million
Railway freight carsUnited States88.4%over 75%China · 10.9%$2 million
Glass and lamp making machinesUnited States61.9%Sweden · 14.4%$2 million
Albumins (whey protein)United States67.5%Argentina · 17.2%$2 million
Siliceous fossil earths (diatomite and similar)United States97.2%over 75%Mexico · 1.3%$1 million
Fire extinguisher charges and extinguishing grenadesUnited States54.7%United Arab Emirates · 11.8%$1 million
Aluminum gas cylindersUnited States66.2%China · 15.8%$1 million

and 5 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from the United States

Peru is the United States’ 33rd-largest customer, with 0.55% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.