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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.

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.

The European Commission has published in the EU Official Journal updated legislation amending the EU Regulation on Spirits.

On March 12, 2018, the EU alcoholic beverages industry presented a “joint’ self-regulatory proposal on nutrition labeling and ingredients listing to the European Commission.

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.

On March 13, 2017, the European Commission presented its long awaited report examining whether mandatory nutrition labeling requirements should be extended to alcoholic beverages....

The EU remains the world's largest wine producer despite lower production levels in 2016 compared to 2015. U.S. exporters should be aware that specific wine labeling rules...

The restrictive marketing measures that Ireland wants to introduce for all alcohol products could impact U.S. exports to the EU.

Slovakia took over its first ever European Union (EU) Council Presidency on July 1, 2016.

Round 10 of T-TIP Negotiations Held in Brussels July 12-17, 2015 ... Opposition at Council over GMO Proposal ... Hogan Speaks at Expo Milan – Agri-Food Chain Coalition Event ...