June 25, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Utah and Peru Building a Strong Trade Relationship

Sarah Cutler

June 25, 2012


The relationship between Utah and Peru is heating up. Utah was named the No. 1 importer of “traditional” Peruvian products in the United States for 2011, according to data released by the Peruvian government agency that promotes exports and tourism in Peru, Prom Peru.

“Traditional” products, according to the Prom Peru survey, include minerals, petroleum, natural gas and produce. Utah imported 22 percent of all goods sent from Peru, coming in at the No. 2 spot for most imports overall. Florida came in first at 23 percent.

According to Lew Cramer, president and CEO of World Trade Center Utah, Utah and Peru have been working well together at work and at play. “Between the Peruvians living in Utah and Utah residents who have visited and volunteered in Peru, there is a strong, solid connection that is already evidenced in both the growth of imports and exports, and we will continue to build on this positive relationship,” he said in a prepared statement.

“This isn’t surprising news,” said Honorary Consul to Peru in Utah David Utrilla, also in the prepared statement. “Ties between Peru and Utah have been growing exponentially in the last few years and I believe it’s only going to continue.”

According to the U.S. Department of Commerce, primary metals were Utah’s top import from Peru, while across-the-board imports increased from $360 million in 2010 to $476 million in 2011—an increase of 32.3 percent.

Peru is Utah’s fourth-largest import trade partner by dollar value, behind Mexico, China and Canada. For more information please visit:
http://www.census.gov/foreign-trade/statistics/state/data/imports/ut.html">http://www.census.gov/foreign-trade/statistics/state/data/imports/ut.html

Utah Business Social
UB Events View All
SAMY Awards 2015Utah Business Event
Jan 23, 2015
Utah Business magazine along with Presenting Sponsor: Griffin Hill, Premier Sponsors: The Summit ...
Forty Under 40 - 2015Utah Business Event
Feb 26, 2015
Utah Business Magazine along with Presenting Sponsors: Kirton McConkie, BIG-D Construction and Ma...
CEO of the Year 2015 ... NOMINATIONS NOW OPEN!Utah Business Event
Mar 31, 2015
CEO of the Year Nominations end - January 7, 2015. Visit: www.utahbusiness.com/nomination_item...
Community Events View All
Sandler Management Solutions
Dec 19, 2014
Looking for a way to manage your team systematically and effectively? Sandler Management Solutio...
Create Success: Intellectual Property Protection for Growth Technology Companies
Dec 31, 2015
This is a presentation by Michael Best, a major national leader in the commercialization of Intel...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel