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On February 13, President Trump and Prime Minister Modi issued a joint statement announcing lower tariffs on bourbon whiskey.

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.

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Germany is the fourth largest wine producer in the EU28 after France, Italy, and Spain.

China is the world’s largest beer consumer. Given continued growth of income, Chinese beer consumers pursue better quality and various flavors. Imported beers are getting popular.

U.S. exports to the Republic of Korea (ROK) for Consumer Oriented products finished the year at a record high based on data through December 2014 at $3.5 Billion.

Excise tax rates for alcoholic beverages in Russia have increased steadily and significantly from 2011-2014.

Romanian wine production is predicted to decline by about 30 percent, as a result of diminished grape production brought on by frequent rains and moisture.

In 2013 and 2014 Bulgaria’s vine and wine sectors began to stabilize and show growth after years of decline.