Peru: U.S. - Peru Bilateral Trade Reach Another Record
The U.S.–Peru Trade Promotion Agreement (PTPA) celebrated its tenth anniversary on February 1, 2019. Bilateral trade in agricultural and related products in 2018 reached an all-time record $3.9 billion, with record exports on both sides. U.S. agricultural exports to Peru continued setting records with $1.4 billion in 2018, increasing 8 percent in value over 2017. Peruvian agricultural exports to the United States increased in value by 13 percent in 2018, reaching an all-time record $2.5 billion.