Trading Partner Portal: Peru
Opportunities for Growth in U.S.-Peru Relations
U.S. Department of State, July 29, 2026
Trade Overview
Peru is the third largest country in South America and is approximately three times the size of California. It is the fifth most populous country in Latin America (after Brazil, Mexico, Colombia, and Argentina) with 34.58 million residents and has a GDP of $334.85 billion. The President of Peru is popularly elected for a five-year term. A constitutional amendment passed in 2000 which prevents reelection. The legislative branch consists of a unicameral Congress of 120 members.
Peru’s economy is one of the most dynamic in Latin America, showing particularly strong growth over the past few years. During the 1990s, Peru was transformed by market oriented economic reforms and privatizations. From 1994-1997, the economy recorded robust growth driven by foreign direct investment but stagnated from 1998 through 2001. Upon taking office in 2001, Peruvian President Alejandro Toledo maintained largely orthodox economic policies and took measures to attract investment. Recent economic expansion has been driven by construction, mining, investment (most significantly in the Camisea natural gas project), domestic demand, and exports.
U.S. – Peru Trade
Two-way goods trade in 2025 between Peru and the United States was roughly $22.98 billion. The United States exported $12.26 billion worth of goods to Peru, with petroleum and coal products being the top export at a value of $3.88 billion. other top products included chemicals ($1.38 billion), oil & gas ($1.36 billion), non-electrical machinery ($1.24 billion), and computer & electronic products ($1.04 billion). Since 2009, U.S. exports to Peru have nearly doubled. U.S. Department of Commerce
Total imports from Peru to the U.S. in 2025 totaled to $10.72 billion. Top product categories included agricultural products ($4.23 billion), primary metals manufactures ($2.47 billion), processed food ($1.22 billion), apparel & accessories ($817 million), and mineral & ores ($706 million).
Total services trade between Peru and the United States in 2025 equaled $6.93 billion, with exports totaling $4.33 billion. Top exports included travel, financial services, transport services, other business services, and telecommunications, computer, & information services.
Services imports for this same year from Peru to the U.S. totaled $2.60 billion, with top imports being travel, transport services, other business services, government goods and services, and telecommunications, computer, & information services.
California – Peru Trade
According to the U.S. Department of Commerce, in 2025, California exported $561 million in goods to Peru. Top exports to Peru included computers and electronic products ($147 million), waste and scrap ($101 million), processed foods ($89 million), agricultural products ($63 million), and chemicals ($30 million).
Imports from Peru to California totaled roughly $1.60 billion in 2025. Top imports were agricultural products ($853 million), processed foods ($250 million), primary metals manufactures ($173 million), minerals & ores ($146 million), and apparel and accessories ($72 million).
FDI – Peru
Peruvian FDI into the U.S. totaled $424 million in 2025. In the same year, U.S. FDI into Peru totaled $10.38 billion. Bureau of Economic Analysis
Peruvian FDI into the U.S. supported 800 U.S. workers employed by Peruvian owned firms and $54 million went to expanding U.S. exports. The top six industry sectors for Peruvian FDI into the US were business services, transportation, food and beverages, real estate, consumer products, and communications. Select USA
More Articles
- Preliminary Overview of the Economies of Latin America and the Caribbean
ECLAC, December 2025 - U.S. – Peru Economic Relations
U.S. Department of State - Trade Relations – Peru
United States Trade Representative
Business
- U.S. Commercial Service Peru
- Select AmCham Doing Business Reports: Peru
- Peruvian Ministry for Foreign Affairs
- Peruvian Commission for Export Promotion
- Peruvian Registry of Medium and Small Companies
CalChamber Resources
- American Chamber of Commerce in Peru
- Peruvian Consulates in California
- HRCalifornia’s selection of forms and checklists in Spanish.
- International Trade FAQs