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Peru

Peru ranked No. 34 in total trade value through February with a total of $2.8 billion. Exports totaled $1.55 billion and Imports totaled $1.24 billion, a surplus of $310.25 million.

January – February 2019

Top Trading Ports

Total Trade: $2.8 billion

RankPortTotal YTD
1Port of Houston $304,855,072
2Miami International Airport $284,449,710
3Port of Philadelphia $183,676,441
4Port of New Orleans $177,306,245
5Port of Los Angeles $153,491,860
6Port Miami $148,832,289
7Port of Corpus Christi, Texas $130,046,595
8Port of Greater Baton Rouge, La. $123,004,197
9Port of Southern Louisiana, Gramercy, St. James Parish $108,519,002
10Port Everglades, Fla. $107,096,118

U.S. trade with Peru rose to $2.8 billion through February

Peru’s trade with the United States rose to $2.8 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.92 percent below its total trade during the same time period last year. Peru’s exports increased 9.92 percent while imports fell 18.64 percent. The U.S. surplus with Peru was $310.25 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Miami International Airport; No. 3 Port of Philadelphia; No. 4 Port of New Orleans; and No. 5 Port of Los Angeles. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Miami International Airport No. 3 Hartsfield-Jackson Atlanta International Airport No. 4 Port of Philadelphia and No. 5 Port of Los Angeles. In the current time period, the top five accounted for 39.46 percent of Peru’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 28.52 percent to $304.86 million.
    Exports fell 42.89 percent to $208.99 million. Imports rose 58.2 percent to $95.87 million.
  • Trade with No. 2 Miami International Airport fell 14.57 percent to $284.45 million.
    Exports fell 2.85 percent to $213.18 million. Imports fell 37.23 percent to $71.27 million.
  • Trade with No. 3 Port of Philadelphia fell 29.08 percent to $183.68 million.
    Exports fell 52.98 percent to $661,642. Imports fell 28.95 percent to $183.01 million.
  • Trade with No. 4 Port of New Orleans rose 87.76 percent to $177.31 million.
    Exports rose 134.96 percent to $164.82 million. Imports fell 48.6 percent to $12.48 million.
  • Trade with No. 5 Port of Los Angeles fell 18.18 percent to $153.49 million.
    Exports fell 17.93 percent to $15.13 million. Imports fell 18.21 percent to $138.36 million.

Peru ranked No. 34 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 34.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Peru by value through February were the categories of Gasoline, other fuels; Corn; Civilian aircraft, parts; Low value shipments; and Computers, respectively. They accounted for 46.39 percent of total exports to Peru.

The value of the top five categories of U.S. imports from Peru –– Grapes, fresh or dried; Gasoline, other fuels; Gold; Strawberries, blueberries, raspberries, etc.; and Molybdenum ores, concentrates –– accounted for 47.87 percent of all inbound shipments.

Looking more closely at U.S. exports to Peru:

  • Gasoline, other fuels rose 4.1 percent compared to last year to $474.52 million.
  • Corn rose 48.77 percent compared to last year to $131.8 million.
  • Civilian aircraft, parts rose 102 percent compared to last year to $40.49 million.
  • Low value shipments rose 11.22 percent compared to last year to $38.43 million.
  • Computers fell 2.13 percent compared to last year to $35.6 million.

Looking more closely at U.S. imports from Peru:

  • Grapes, fresh or dried fell 8.17 percent compared to last year to $241.58 million.
  • Gasoline, other fuels fell 38.73 percent compared to last year to $136.3 million.
  • Gold fell 75.76 percent compared to last year to $77.33 million.
  • Strawberries, blueberries, raspberries, etc. rose 135.45 percent compared to last year to $77.27 million.
  • Molybdenum ores, concentrates rose 53.81 percent compared to last year to $62.77 million.

In the latest annual figures available, Peru recorded $15.97 billion in trade with the United States. At year’s end, its were Miami; Houston; New Orleans; Great Falls, Mont.; and New York City. Total U.S. exports to Peru were $ 8.69 billion and imports from Peru were $7.28 billion. The U.S. surplus with Peru was $1.4 billion.