Peru is the largest fishmeal exporter in the world. The country’s fishmeal production in marketing year (MY) 2015/16 (January-December 2016) is forecast to reach 950,000 metric tons (MT), 11 percent higher than the MY 2014/2015. Soybean meal imports in MY 2015/16 are estimated at 1.13 MMT, up 2.8 percent compared to the previous year. Peru’s imports of U.S. soybean meal are forecast at 50,000 MT. Soybean oil imports in MY 2015/16 are expected to reach 380,000 MT, up 7 percent compared to MY 2014/15.