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Pakistan is the 21st largest export market for U.S. food and agricultural-related products, with U.S. exports surpassing $1.38 billion in 2020. The top U.S. exports to Pakistan were cotton, soybeans, pulses, tree nuts, dairy products, planting seeds, dairy cattle, and forestry products.
Milk production in calendar year (CY) 2021 is estimated at 2.2 MMT, an increase of three percent compared to the previous year.
On February 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years. Similar to the previous moratorium, Peru has yet to notify the measure to the World Trade Organization. In general, biotechnology remains misunderstood by the public in Peru.
Cotton continues to be the only genetically engineered (GE) crop approved for cultivation and use. Regulatory uncertainty prevents life science companies from seeking approval for any other GE crops, and the National Biosafety Committee is still developing regulations on imports of GE commodities intended for food, feed, and processing.
Due to excellent conditions during harvest, which followed a good growing season, seed cotton collection has progressed well, and deliveries to ginners are far out-pacing last year.
Grape exports are forecast to reach a record of 510,000 metric tons (MT) in marketing year (MY) 2021/2022, six percent higher than the previous year.
Peruvian ethanol production in 2021 is forecast at 215 million liters, approximately the same level compared to the previous year.
Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products.
Driven by more area and better yields, centrifugal sugar production in 2021/22 is forecast at 6.7 million tons, up 11 percent over the current year’s revised estimate.
The 2021/22 rice production forecast is reduced from 8.2 to 7.9 million tons due to lower-than-average monsoon rains.
Despite lower area, 2021/22 production is forecast to reach 5.3 million bales, an 18 percent increase over the disappointing 2020/21 crop.
Pakistan’s MY 2021/22 wheat production is estimated at a record 27 million metric tons (MMT).