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January 21, 2025
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Peru is the second trading partner of the United States

Peru is the second trading partner of the United States

donald trump assumed the presidency for the second time USAthe second most important trading partner that Peru has, according to data from the Ministry of Foreign Trade and Tourism (Mincetur).

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“Peru-US trade is based mainly on the purchase and sale of fuels and agricultural goods (27% and 26% of the total), with the US being our leading supplier of fuels (55%)”, Mincetur specified.

It should be noted that between both countries there is a Trade Promotion Agreement which was signed in Washington on April 12, 2006 and entered into force on February 1, 2009. exports They added US$6,126 million to those countries between January and September.

In said period, agricultural trade with the northern economy grew 11.4%. Among the main Peruvian exports in this sector were fruits, since Peru is the second supplier of this food for said economy. Among the fruits, blueberries, grapes, mandarin, avocado, mango, lemon and derivatives, banana and pomegranate stand out.

There was also a high demand for vegetables such as asparaguschili and peppers, artichoke, onion and ginger. Meanwhile, our country is the second supplier of organic coffee for USA.

In other sectors, textile exports (shirts, t-shirts), mining (copper, gold, molybdenum, tin, zinc), metallurgical (copper bars and profiles, wire), fishing (frozen mahi mahi, fish oil, shrimp), among others.

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PARTICIPATION BY COMPANY

In the period of analysis, a total of 2,381 Peruvian exporters of goods were registered. USA. Among the companies that stand out are Cerro Verde, Southern Copper and Miski Mayo. Meanwhile, 7,095 importers were registered from the northern country.

On the other hand, Mincetur considered that there are many opportunities to take advantage of the trade agreement with the world’s main economy. In that sense, it was estimated that in 2023 it imported US$3,173 million, equivalent to 49 times what Peru exports.

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