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.

Peruvian total ethanol production in 2024 is forecast at 210 million liters, a slight decrease compared to the previous year. Total ethanol consumption for 2024 is forecast at 290 million liters, remaining at the same levels compared to the previous year.

Peruvian total ethanol production in 2023 is forecast at 220 million liters, increasing 8 percent compared to the previous year. Total ethanol consumption for 2023 is forecast at 285 million liters.

Peruvian ethanol production in 2022 is forecast at 220 million liters, a slight increase compared to the previous year. Ethanol consumption for 2022 is forecast at 260 million liters. Peru is forecast to produce 208 million liters of biodiesel in 2022.

Peruvian ethanol production in 2021 is forecast at 215 million liters, approximately the same level compared to the previous year.

Peruvian ethanol production in 2020 is forecast at 170 million liters, a slight reduction from 173 million liters from the previous year.

Ethanol production in Peru is expected to reach 161 million liters in 2018 falling 2 percent compared to the previous year due to increased production of sugar.

Peru's Consumer Defense and Intellectual Protection Institute (INDECOPI) initiated a countervailing duty (CVD) investigation of U.S. ethanol on April 25, 2017.

This report replaces the previous Peru Biofuels Annual report dated November 2, 2016. During 2017, ethanol production is forecast at 112 million liters, up slightly from 2016.

South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.

Ethanol production for calendar year (CY) 2016 is forecast at 160 million liters, a 33 percent reduction from our CY 2015 estimate.