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In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.
Algeria's dairy sector remains a priority focus for the government. Currently, Algeria is among the global leaders in milk powder imports. In 2024, Post forecasts Algeria's imports of milk powder to line up with 2023 and 2022 levels.
The government focus on modernizing and expanding the dairy sector remains a priority. In September 2023, APHIS signed the bilateral export certificate for U.S. bovine semen and embryos, with substantial interest from the Algerian dairy sector. At...
Peru is the third-largest South American market for U.S. consumer-oriented agricultural products. Increasing wealth and lower barriers to entry were facilitated by the implementation of the U.S.-Peru Trade Promotion Agreement (PTPA), resulting in a 423-percent increase in consumer-oriented exports from $65 million in 2009 to $340 million in 2021.
Algeria is one of the leading consumers and importers of dry milk powder worldwide. The government has prioritized improving Algeria’s dairy domestic production to reduce reliance on imports. In line with this strategy, Algeria imported less milk powder in CY2021.