Peru: U.S.-Peru Trade Promotion Agreement Creates Opportunities for U.S. Pet Foods

  |   Attaché Report (GAIN)

The U.S.-Peru Trade Promotion Agreement’s reduction and elimination of import tariffs on a wide range of U.S. agricultural and food products, has fueled demand for U.S. pet food. Imported pet food sales including U.S. products averaged 6 percent over the past decade. FAS Lima estimates Peru’s pet food market in calendar year 2014 at about $140 million. Dry dog food is the top performer, accounting for 85 percent of sales. However, further growth in U.S. pet food sales remains constrained by Peru’s burdensome and costly registration process. 

Peru: U.S.-Peru Trade Promotion Agreement Creates Opportunities for U.S. Pet Foods

Exporting, Trade Agreements, Peru Trade Agreement
Western Hemisphere, Peru
Processed Food Products

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