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Peru

Peru ranked No. 35 in total trade value through June with a total of $7.46 billion. Exports totaled $4.7 billion and Imports totaled $2.76 billion, a surplus of $1.93 billion.

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January – June 2019

Top Trading Ports

Total Trade: $7.46 billion

RankPortTotal YTD
1Port of Houston $935,346,087
2Miami International Airport $881,660,662
3Port Miami $416,028,610
4Port of New Orleans $381,362,166
5Port of Greater Baton Rouge, La. $363,092,124
6Port of Corpus Christi, Texas $327,570,157
7Port of Los Angeles $322,279,321
8Port Everglades, Fla. $285,859,732
9Port of New York $264,713,335
10Port of Philadelphia $241,370,429

U.S. trade with Peru rose to $7.46 billion through June

Peru’s trade with the United States rose to $7.46 billion through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.92 percent below its total trade during the same time period last year. Peru’s exports decreased 2.94 percent while imports fell 25.88 percent. The U.S. surplus with Peru was $1.93 billion.

Through June, 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 Miami; No. 4 Port of New Orleans; and No. 5 Port of Greater Baton Rouge, La.. 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 New Orleans and No. 5 Port of Los Angeles. In the current time period, the top five accounted for 39.91 percent of Peru’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 29.12 percent to $935.35 million.
    Exports fell 34.68 percent to $676.77 million. Imports fell 8.8 percent to $258.58 million.
  • Trade with No. 2 Miami International Airport fell 9.91 percent to $881.66 million.
    Exports rose 4.03 percent to $695.65 million. Imports fell 39.98 percent to $186.01 million.
  • Trade with No. 3 Port Miami rose 15.55 percent to $416.03 million.
    Exports rose 7.77 percent to $308.66 million. Imports rose 45.77 percent to $107.37 million.
  • Trade with No. 4 Port of New Orleans fell 9.52 percent to $381.36 million.
    Exports rose 0.09 percent to $322.81 million. Imports fell 40.82 percent to $58.55 million.
  • Trade with No. 5 Port of Greater Baton Rouge, La. rose 122.66 percent to $363.09 million.
    Exports rose 122.66 percent to $363.09 million. There were no imports.

Peru ranked No. 35 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 35.

Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.

The top five U.S. exports to Peru by value through June were the categories of Gasoline, other fuels; Corn; Oil; Civilian aircraft, parts; and Computers, respectively. They accounted for 41.78 percent of total exports to Peru.

The value of the top five categories of U.S. imports from Peru –– Grapes, fresh or dried; Gold; Gasoline, other fuels; Molybdenum ores, concentrates; and Avocados, dates, figs, pineapples, etc. –– accounted for 36.75 percent of all inbound shipments.

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

  • Gasoline, other fuels fell 9.53 percent compared to last year to $1.38 billion.
  • Corn fell 31.59 percent compared to last year to $177.81 million.
  • Oil totaled $170.03 million. The previous year, there were no exports in this category.
  • Civilian aircraft, parts rose 71.85 percent compared to last year to $121.56 million.
  • Computers rose 17.36 percent compared to last year to $116.17 million.

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

  • Grapes, fresh or dried fell 6.93 percent compared to last year to $257.93 million.
  • Gold fell 75.96 percent compared to last year to $218.69 million.
  • Gasoline, other fuels fell 58.86 percent compared to last year to $211.42 million.
  • Molybdenum ores, concentrates rose 13.5 percent compared to last year to $186.31 million.
  • Avocados, dates, figs, pineapples, etc. rose 58.88 percent compared to last year to $141.41 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.