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
30 Women to Watch 2014!Utah Business Event
May 22, 2014
Thirty of Utah’s most dynamic women will be recognized at the 15th Annual 30 Women to Watch Awar...
Rocky Mountain Leadership ConferenceUtah Business Event
Jun 19, 2014
Utah Business and Hero Partners are thrilled to announce the Rocky Mountain Leadership Conference...
Community Events View All
Utah Investment & Business Expo
Apr 25, 2014
Utah Investment & Business Expo is a premiere Investment & Business Symposium and Expo that featu...
United Way of Salt Lake Young Leaders Annual Celebration
Apr 25, 2014
Join the United Way of Salt Lake Young Leaders for an exciting evening by going back in time to a...

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