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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.
Ecuador’s National Customs Service (SENAE) announced on February 2, 2023, that Distiller’s Dried Grains with Solubles (DDGS) will no longer be subject to a 12 percent value added tax.
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.
The food processing industry is a huge component of Ecuador’s manufacturing sector, grossing $5.9 billion in 2016.
This report serves as a road map for U.S. companies exporting to Ecuador. While Ecuador is a challenging market for U.S. food and agricultural products, it is also one of....
The Government of Ecuador has announced several new trade measures that, while framed as a way to curb smuggling and tax fraud, also appear to be protectionist in nature.
Ecuador’s COMEX Resolution 011-2015 (March 6, 2015) will have a significant impact on U.S. consumer-oriented export products such as beef, pork, confectionary, and fresh fruits.
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.