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As a result of FAS Lima’s updated contact database, coordination and support of the USDPL Trade Mission during January 2015, Peruvian importers report buying 30 percent more thus far in 2015.
Cane sugar production for MY (May/April) 2015 is forecast at 1.24 MMT, up from 1.22 MMT in MY2014.
The U.S.-Peru Trade Promotion Agreement (PTPA) has led to record food and agricultural product exports for both countries.
On March 14, 2015, Peru’s Ministry of the Environment announced a fine structure for any company in non-compliance with the 10 year moratorium on genetically modified organisms.
Shrimp exports from Peru are estimated at 18, 000 MT in CY 2015, a six-fold increase from 2003 due to strong export demand.