Trade Missions

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.

The U.S. Department of Agriculture will lead a trade mission to Hong Kong from May 12-16, to enhance market access and expand U.S. agricultural exports. The delegation includes more than three dozen agribusinesses, trade organizations and representatives from five state departments of agriculture.

The U.S. Department of Agriculture’s Foreign Agricultural Service is now accepting applications for its agribusiness trade mission to Santo Domingo, Dominican Republic, scheduled for July 13-17, 2025. Current and potential U.S. exporters interested in exploring trade opportunities in the region must apply by April 2, 2025.

The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications for its agribusiness trade mission to Lima, Peru, scheduled for June 9-12, 2025. Current and potential U.S. exporters interested in participating must apply by March 12, 2025.