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Chile is the second-largest South American market for U.S. agricultural products. Solid political institutions and a stable macroeconomic environment, combined with high consumer purchasing power, make Chile a lucrative market for U.S. producers of wheat, cheese, pet food, alcoholic beverages, and other consumer-oriented products.

The People’s Republic of China (PRC) is an increasingly important market for the United States pet food and related products industry.

Since the implementation of the U.S.-China Phase One Economic and Trade Agreement in 2020, U.S. pet food exports to China have experienced significant grown. Earlier this year, the United States overtook Canada as the largest exporter of pet food to China.

With one of the highest dog and cat ownership rates in Asia, the Philippines presents a growing opportunity for U.S. pet food. As pets became more popular household companions, especially during the pandemic, pet ownership and pet food sales have grown immensely over the past five years.