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Latin America Business News

U.S. Imports from Peru Jump by 19 percent in 2010

The Peruvian government’s foreign ministry is announcing that its exports to the U.S. grew by 19 percent in 2010 for a total of $5.7 billion, the growth driven in great part by exports of textile products.

The U.S. imported $688 million worth of textile products from Peru which represents a 14 percent increase.  After textile exports, agricultural exports were the most in demand from the U.S. 

The U.S. showed a large taste for Peruvian asparagus, purchasing $182 million worth in 2010 and $121 million dollars worth of cotton t-shirts.  The government report noted that commercial trading activity between the countries has recovered after the global financial crisis.

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