US Tariffs on Imports from Peru

Peru benefits from the US-Peru Trade Promotion Agreement, which eliminates tariffs on the vast majority of qualifying goods. The 10% Section 122 tariff applies only to products outside TPA coverage, keeping Peru among the most tariff-advantaged sourcing origins.

The US-Peru TPA has been in effect since 2009 and provides duty-free access for most Peruvian exports. Annual US imports from Peru total approximately $10B. Peru is a significant US partner in the Andean region and a participant in APEC trade frameworks.

Key Products Imported from Peru

Top imports from Peru include gold, copper, fresh produce (asparagus, blueberries, grapes, avocados), apparel, coffee, zinc, and seafood. Peru is the world's largest exporter of asparagus and a top producer of blueberries and quinoa.

Recent Changes

Feb 20, 2026: SCOTUS struck down IEEPA tariffs; Peru's TPA continues to provide duty-free access for qualifying goods. Section 122 at 10% applies to the small set of non-TPA products (expires ~July 24, 2026). Peru's fresh produce exports to the US continue growing, benefiting from counter-seasonal patterns. The TPA is stable with no renegotiation planned.

Tips for Importers

Maximize the US-Peru TPA by ensuring all qualifying goods have proper certificates of origin. Peru's counter-seasonal growing calendar (Southern Hemisphere) makes it strategic for year-round blueberry, grape, and asparagus supply. Copper and gold should be classified to capture zero-duty TPA treatment. With the uniform 10% Section 122 rate, Peru's TPA advantage over non-FTA Asian suppliers has grown even more valuable.