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 Peru
 Trans-Pacific Partnership

Peru is a Key U.S. Export Market

  • Peru's economy is valued at $192.1 billion
  • $8.7 billion in goods in 2015 were exported from the United States to Peru
  • 10,857 U.S. companies exported goods to Peru in 2014 – 85.5% were small and medium-sized companies
  • 37,641 U.S. jobs supported by goods exports to Peru and 24,761 U.S. jobs supported by goods exports to Peru in 2015

Peru is an Important TPP Partner for
U.S. Exports of Industrial and Consumer Goods

Chemicals


$1.0 Billion
In Exports
To Peru


The Chemical Sector includes products such as cosmetics, paints, rubber products, plastics, fertilizers, and organic/inorganic chemicals

Machinery


$897 Million
In Exports
To Peru


The Machinery Sector includes products such as forklifts, motors, bulldozers, pumps, water filtration and purification machinery

Automotive
Products

$377 Million
In Exports
To Peru


The Automotive Sector includes products such as motor vehicles, motorcycles, and auto parts such as vehicle engines, transmissions, and tires

Information and Communication Technologies

$338 Million
In Exports
To Peru


ICT Goods include products covered by the World Trade Organization’s Information Technology Agreement (ITA), including products covered by both the original ITA and the subsequent expansion negotiations, as well as other products such as optical fibers, audio-video equipment, television reception apparatus, coaxial cable, and batteries

Building Products


$226 Million
In Exports
To Peru


The Building Products Sector includes products such as electrical circuitry equipment and parts, lumber, pumps and compressors, HVAC equipment, and fiberglass insulation


TPP Works for America

2,991,102:

Jobs Supported by Goods Exported to TPP countries in 2015
$679.6 Billion:

2015 Total
U.S. Goods
Exported to
TPP Countries
174,331:

U.S. Companies
Exported Goods to
TPP Countries in 2014
97%:

SME share of U.S. Goods-Exporting
Companies to TPP Countries in 2014
30%:

SME share of U.S. Goods Exports to TPP Countries in 2014

Market Opportunity Spotlights

Agriculture/Processed Food and Equipment:

The United States exported $1.25 billion in agricultural products, $51.8 million in agricultural equipment, and $139 million in fertilizers and agriculture chemicals to Peru in 2014. The United States and Peru have counter-cyclical agricultural cycles, meaning the countries can establish complementary supply chains in fresh produce, and related products in the processed food and agricultural equipment and packaging sectors. Peruís increased market access to other TPP markets will increase its agricultural production resulting in increased demand for U.S. agricultural equipment, fertilizer, and agriculture chemicals.

Medical Equipment:

The United States exported $85 million in medical equipment to Peru in 2014. TPP enhances transparency, reduces unnecessary testing and certification costs, and promotes greater openness as standards are developed. TPP also establishes sector-specific TBT commitments on medical devices that strive to align standards and regulations across the TPP region, benefiting U.S. exporters of medical equipment to Peru.

* 2015 Nominal GDP
** TPP Countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, the United States, and Vietnam
*** New TPP Countries: Countries with which the United States currently does not have preferential
market access - Brunei, Japan, Malaysia, New Zealand, and Vietnam

 


 

 

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