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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.
In 2023, Hong Kong was the 17th-largest market for U.S. agricultural products globally. That same year, the United States exported $1.5 billion of agricultural products and was the third-largest supplier of consumer-oriented food products to Hong Kong after China and Australia.
While the United States holds a 5-year average of less than 1 percent market share ($20.7 million in 2023 exports), Senegal has a growing food manufacturing industry that seeks cost-competitive ingredients and is expanding its exports to neighboring countries.
Singapore imports more than 90 percent of its food and has a diverse, competitive array of trading partners. The United States and Singapore have a long-standing free trade agreement (FTA), and Singapore is a well-developed market for high-quality food and agricultural products.
The United Arab Emirates (UAE) is home to 9.8 million people. It ranks among the world’s richest in terms of per capita wealth. According to the International Monetary Fund in 2020, the UAE had a gross domestic product (GDP) of $421 billion, and a per capita spending level in line with that of developed economies, $35,000.
This report outlines Philippine government requirements for the importation of food and agricultural products.
Agriculture remains a priority sector for the Government of Algeria in its efforts to diversify the economy and attract foreign and domestic investment outside the energy sector.
Despite decelerated economic growth, demand for food and agricultural products continues to be strong in India.
In 2019, the United States and Morocco negotiated terms for U.S. processed eggs and bovine semen market access, providing new opportunities for U.S. exporters.
This report provides an overview of the food laws and regulatory environment in Tunisia as it relates to U.S. food and agricultural exports.
This report was updated to reflect certification requirements for pet food, table eggs and egg products.
The United States is the Philippines’ largest supplier of agricultural products with a 28 percent market share.