Browse Data and Analysis

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.

For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.

Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products.

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.

FAS Lima’s U.S. Food Experience: Beef & Wine reception on August 26, 2014, capped a well-attended two-day long U.S. west coast wines business meetings and technical seminar.