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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.
Mexico is the second-largest export market of agricultural products from the United States. Over the last decade, U.S. agricultural exports to Mexico grew 48 percent to $19.1 billion.
The West African nations of Côte d’Ivoire, The Gambia, Ghana, Nigeria, and Senegal are home to some of the largest cities in the region...
Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.
Canada is the United States’ largest export market for agricultural and agricultural-related products (includes distilled spirits, ethanol, biodiesel, fish, and forest products) with exports valued at $25 billion in 2018, accounting for more than 15...
Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.
Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.
South Korea is one of the most reliable export markets for U.S. agricultural goods. Its vibrant economy offers easy access to modern retail outlets...