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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.
In 2016, exports of consumer-oriented products to Jamaica reached a record level of $173.7 million.
In 2016, the Dominican Republic was the fifth-largest market, valued at almost $484 million, for U.S. consumer-oriented products in the Western Hemisphere after Canada, Mexico, Colombia and Chile.
Peru’s food processing industry is a dynamic sector of the national economy. U.S.-origin food processing ingredient exports to Peru are forecast at $202 million in 2017.
Peru’s food retail sector sales will rebound in the medium-term, benefiting from government stimulus measures seeking to boost consumer spending.
The food processing industry is a huge component of Ecuador’s manufacturing sector, grossing $5.9 billion in 2016.
Guatemala has a population of almost 17 million inhabitants and approximately 5 million live in Guatemala City where most of the new hotels and restaurants are opening in the country.
In 2017, the retail industry continued its planned expansion with major retailers increasing their presence in the small store segment, targeting customers who shop in convenience....
In Fiscal Year (FY) 2017, Spain imported $1.7 billion worth of agricultural, fish and forest products from the United States.
In 2016, Hong Kong’s retail food sector sales rose 1.29 percent to $12.06 billion, a positive growth trend forecast to continue, especially in segments where U.S. products have strong....
As hotel and restaurant expansions continue, demand for high-quality U.S. food and beverage products by the HRI food service sector in Hong Kong is expected to remain robust.