Overview
The United States exported $2.9 billion in merchandise
to Peru in 2006, up from $1.6 billion in 2002. That was
an 88 percent increase during that period, well above the
50 percent increase in U.S. exports to the world. Peru was
the 43rd largest market for U.S goods in 2006, out of a
total of 230 markets.
Nineteen states exported more than $20 million in goods
to Peru in 2006. Ten of these states exported goods worth
more than $50 million, and five exported merchandise worth
more than $100 million.
Texas and Florida were the top state exporters to Peru
in 2006. Texas recorded merchandise exports of $797 million
to Peru, while Florida recorded shipments of $658 million.
Together, these two states accounted for 50 percent of total
U.S. goods exported to Peru in 2006.
Other states that posted significant export totals to Peru
in 2006 were Louisiana ($206 million), Illinois ($198 million),
California ($181 million), Georgia ($64 million), New York
($62 million), South Carolina ($58 million), Ohio ($56 million),
and New Jersey ($52 million).
Forty-four of the states increased their merchandise exports
to Peru from 2002 to 2006. Texas recorded the largest dollar
increase, boosting shipments to Peru from $384 million in
2002 to $797 million in 2006, an increase of $413 million.
Other states with noteworthy increases in export value to
Peru over the 200206 period were Florida (up $261
million), Illinois (up $162 million), Louisiana (up $101
million), and California (up $99 million).
Manufactured goods made up 91 percent of U.S. merchandise
exports to Peru in 2006. Agricultural and construction machinery
was the largest manufactured export category, with $381
million, or 13 percent of total U.S. shipments of merchandise.
Other significant manufactured export categories were petroleum
and coal products ($282 million); computer equipment ($244
million); communications equipment ($195 million); and resin,
synthetic rubber, and synthetic fibers and filaments ($179
million).
In dollar terms, the leading growth category among manufactured
exports to Peru was agriculture and construction machinery.
Export shipments of these products surged during the 200206
period, going from $125 million to $381 million (up $255
million). Other manufactured export categories that registered
large dollar growth during this period were petroleum and
coal products (up $228 million), computer equipment (up
$111 million), basic chemicals (up $93 million), and communications
equipment (up $90 million).
In percentage terms, the fastest-growing categories among
U.S. manufactured exports to Peru were foundries; iron and
steel and ferroalloy; apparel accessories; fibers, yarns,
and threads; and leather and hide tanning. All of these
rose by more than 400 percent.
A total of 6,056 U.S. companies exported merchandise to
Peru in 2005 (the latest year for which data are available).
Of those, 4,896 (81 percent) were small and medium-sized
enterprises (SMEs), with fewer than 500 employees.
In 2005, U.S. SMEs exported $774 million in merchandise
to Peru. This represented 38 percent of total U.S. exports
to Peruwell above the 29 percent SME share of U.S.
exports to the world.
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Charts and Tables
U.S. Exports
to Peru Have Increased 88 Percent Since 2002
Agriculture and
Construction Machinery Is the Largest Category of Exports
to Peru
Texas Recorded
the Biggest Growth in Exports to Peru from 2002 to 2006
Nineteen States
Exported $20 Million or More to Peru in 2006
State Merchandise
Export Totals to Peru, 20022006, Ranked by 2006 Export
Value
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