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.

Indonesia’s new biofuel roadmap shows the government’s 10-year plan for higher biodiesel blending rates, bioethanol’s inclusion in non-subsidized gasoline, and drop-in biofuels.

Colombia recently increased their biofuel blend mandate to 10 percent for most of the country.

On June 14, 2018, an agreement on the successor to the Renewable Energy Directive (RED) was reached for 2021-2030.

The development of the biofuels sector remains a low priority for the Russian government whose agricultural programs are largely focused on “import substitution” and export support programs.