Since the U.S. entered into a free trade agreement with Peru in 2009, U.S. farm and food exports to the country have nearly tripled -- from $432 million in fiscal year 2009 to a record $1.25 billion in fiscal year 2015.

The U.S.-Peru Trade Promotion Agreement entered into force on February 1, 2009 and has boosted U.S. exports by cutting agricultural tariffs and improving market access for many U.S. products.

While bulk commodities still comprise more than half of U.S. agricultural exports to Peru, the country’s steady economic growth and expanding middle class are fueling demand for higher-value, consumer-oriented products. U.S. sales of such products have grown by more than 300 percent since 2009, from $58 million to more than $235 million in FY 2015, led by dairy products, prepared foods, and beef and beef products.

Peru is participating in the Trans-Pacific Partnership (TPP)whose implementation will further boost the Peruvian economy and tighten integration with the U.S. economy, helping further expand demand for U.S. agricultural products.

Data & Analysis

April 22, 2016
Sugar production in Peru is forecast at 1.5 MMT in MY 2016, an increase of 13 percent compared to the previous year.
April 18, 2016
Secretary of Agriculture Thomas Vilsack’s March 13-16 visit to Lima invigorated the $3 billion U.S.- Peru bilateral agricultural trade relationship, reopening the Peruvian market to U.S. beef.
April 12, 2016
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
April 11, 2016
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.