United States-Peru Trade Promotion Agreement (TPA)
The U.S.-Peru International Trade Promotion Agreement (TPA) entered into force in 2009.
As a result of the entry into force of the U.S.-Peru Free Trade Agreement, 80% of U.S. industrial and consumer export products enter duty-free in Peru
Nevertheless, a value-added tax of 18% applied to virtually all the products entering
to Peru results in moderately
higher prices for many products in comparison to those prevailing in the U.S.
The U.S.-Peru Trade Promotion Agreement:
Eliminates the tariffs and removes the Technical Barriers to the U.S. services
Strengthens the intellectual Property Protection (IPP), workers, and environment
International trade United States-Peru.
Foreign Trade of the U.S. with Peru was 8.8 billion dollars; the U.S. exported products to Peru at 4.8 billion dollars
U.S. exports to Peru grew 37%
The main United States exports to Peru were: machinery,
chemicals, computer, electronics, petroleum, petroleum products, transport equipment, fish, forestry products, wood, newspapers, books, and food products
Exports of
products of Peru reached 35.1 billion dollars