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.

Under a new policy, importers of wine and distilled spirits whose domestic agents are registered within the Shanghai Free Trade Zone are no longer required to register the U.S. producer name and brand as a trademark in China prior to commercial sales.

The 2024 China Food and Dinks Fair (CFDF, also called Tangjiuhui) which includes a pre-show and expo, will be held from March 16-22nd, 2024, in Chengdu, the capital city of Sichuan Province. As one of China’s largest food and beverage trade shows...

On March 6, 2023, China notified the National Food Safety Standard for Fermented Wine and Its Preparation to the World Trade Organization (WTO) under G/SPS/N/CHN/1265.

China will continue to collect countervailing (CVD) and antidumping (AD) duty duties on imported Distiller’s Dried Grains with or without Solubles (DDGS) from the United States for five more years.

FAS and the U.S. Grains Council (USGC) in China worked together to educate, train, and promote Chinese breweries on how to use U.S. craft beer ingredients including hops and barely malts. Although U.S. hops and barley malts are priced higher than competitors, brewers have increasingly sought out U.S. ingredients for their high quality and stable supply.

China is a leading beer market in terms of both production and consumption. However, in recent years China’s beer market has stagnated. Although U.S. beer accounts for a very small percentage of China’s imported beers, exports to China enjoy a good reputation.

On February 18, 2020, China announced a new round of tariff exclusions for U.S. agricultural commodities impacted by the retaliatory Section 301-tariffs levied by China.

On February 6, 2020, the State Council Tariff Commission announced that China would cut in half the additional tariffs for certain commodities from the United States on February 14, 2020.

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

Cross-border e-commerce (CBEC) provides U.S. exporters with a growing retail channel to reach Chinese consumers.

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