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Trade between Peru and the United States

In 2024, Peru exported $9.9 billion to the United States and imported $10.2 billion. Peru ran a deficit of $286 million with the United States, compared with a deficit of $2.8 billion in 2019. The United States was Peru’s 2nd largest trading partner (15% of its trade), and Peru was the United States’ 37th (0.4%).

Summary

Peru → United States
$9.9billion
United States → Peru
$10.2billion
Peru’s balance
-$286million

Balance

Peru’s trade balance with the United States

Trade between Peru and the United States grew 6.3-fold since 1995

USD billions (current). Peru’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 9.9
  • Imports 10.2
  • Balance -0.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.1 billion$2.1 billion-$1 billion
1996$1.3 billion$2.2 billion-$966 million
1997$1.8 billion$2.4 billion-$628 million
1998$2 billion$2.3 billion-$359 million
1999$1.9 billion$2 billion-$65 million
2000$2 billion$1.8 billion$265 million
2001$1.8 billion$1.8 billion$59 million
2002$2.1 billion$1.6 billion$543 million
2003$2.6 billion$1.7 billion$900 million
2004$3.9 billion$2 billion$1.9 billion
2005$5.4 billion$2.3 billion$3.1 billion
2006$6.1 billion$2.5 billion$3.5 billion
2007$5.7 billion$3.6 billion$2.2 billion
2008$6 billion$5.7 billion$276 million
2009$4.5 billion$4.4 billion$74 million
2010$6.5 billion$7.6 billion-$1.1 billion
2011$6.5 billion$7.4 billion-$890 million
2012$7.6 billion$11.8 billion-$4.2 billion
2013$8.9 billion$12.9 billion-$4 billion
2014$6.4 billion$8.8 billion-$2.4 billion
2015$5.9 billion$9.9 billion-$4 billion
2016$6.4 billion$7 billion-$601 million
2017$7.1 billion$8.2 billion-$1 billion
2018$8.2 billion$9.2 billion-$1 billion
2019$6 billion$8.8 billion-$2.8 billion
2020$6.2 billion$6.6 billion-$449 million
2021$7.3 billion$9.8 billion-$2.4 billion
2022$8.9 billion$14.4 billion-$5.5 billion
2023$9.3 billion$11.1 billion-$1.8 billion
2024$9.9 billion$10.2 billion-$286 million

What they sell each other

What Peru sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. 182 thousand tonnes
  2. Grapes$861 million · 8.7%
    270 thousand tonnes
  3. Gold$586 million · 5.9%
    14 tonnes · Peru’s destinations
  4. Refined copper$575 million · 5.8%
    61 thousand tonnes · Peru’s destinations
  5. Molybdenum ore$415 million · 4.2%
    21 thousand tonnes
  6. Natural phosphates$368 million · 3.7%
    3.1 million tonnes
  7. Unwrought tin$346 million · 3.5%
    12 thousand tonnes
  8. Coffee$336 million · 3.4%
    66 thousand tonnes · the United States’ sources
  9. Refined petroleum$306 million · 3.1%
    545 thousand tonnes · Peru’s destinations
  10. Other fresh vegetables$301 million · 3.1%
    72 thousand tonnes

What the United States sells to Peru

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$3.8 billion · 37.1%
    4.5 million tonnes · the United States’ destinations
  2. Crude petroleum$886 million · 8.7%
    1.4 million tonnes · the United States’ destinations
  3. Natural gas and LPG$292 million · 2.9%
    163 thousand tonnes
  4. Ferrous scrap$271 million · 2.7%
    671 thousand tonnes · the United States’ destinations
  5. Polyethylene$268 million · 2.6%
    232 thousand tonnes · the United States’ destinations
  6. Trucks$213 million · 2.1%
    9 thousand tonnes · the United States’ destinations
  7. 407 tonnes
  8. Ethyl alcohol (ethanol)$135 million · 1.3%
    190 thousand tonnes · the United States’ destinations
  9. 3 thousand tonnes
  10. New tires$130 million · 1.3%
    17 thousand tonnes · the United States’ destinations

How it travels

Estimated sea route from Callao to Los Angeles.

The estimated sea route between Callao and Los Angeles is 3,726 nautical miles (6,901 km) long: ≈ 8.5–11 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$17.4 billion · 86.7%
  2. Air$2.7 billion · 13.3%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was Peru’s 2nd largest trading partner (15% of its trade), and Peru was the United States’ 37th (0.4%).

The United States in Peru’s trade
15.2%
The United States’ rank among Peru’s partners
2nd
Peru in the United States’ trade
0.4%
Peru’s rank among the United States’ partners
37th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.