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After a nearly six percent decrease in GDP in 2020, the Chilean economy grew by 11.7 percent in 2021 and by 2.4 percent in 2022. In 2023, the Chilean Central Bank projects a contraction in GDP that will range between 0.75 and 1.75 percent.
Peru is the third-largest South American market for U.S. consumer-oriented agricultural products. Increasing wealth and lower barriers to entry were facilitated by the implementation of the U.S.-Peru Trade Promotion Agreement (PTPA), resulting in a 423-percent increase in consumer-oriented exports from $65 million in 2009 to $340 million in 2021.
This report summarizes the activities and outcomes of the SaborUSA Colombia project (July 2021 – June 2022) focused on promoting U.S. beef and pork in Colombia. SaborUSA is a digital marketing initiative that promotes American food products and brands through its own website and social media platforms. Since launching in 2015, SaborUSA now has more than 100,000 followers.
This report identifies Peru’s import requirements for (foreign) export certificates. Current procedures are highlighted and relevant agencies with oversight of these issues are identified.
This report outlines Peru’s regulatory requirements for food and agricultural product imports and updates and replaces the 2021 report. Agricultural imports into Peru have returned to a growing pace with respect to 2021 and there are no significant trade issues.
Ukrainian poultry products were approved for export to the Canadian market as Ukrainian and Canadian regulators signed a bilateral veterinary certificate for poultry and processed poultry products in November 2022.
On January 6, 2022, the Mexican Government published in the Official Gazette (DOF) the “Decree by which the payment of import duties is exempted, and administrative facilities are granted to various items of the basic basket and basic consumption of...
Canadian wood pellet production is forecast to remain stable for 2022 at 3.5 million metric tons. Canada's wood pellet exports are forecast to grow five percent on increased demand from Europe and Asia.
Canada, which imported more than $18.2 billion of U.S. high-value, consumer-oriented goods in 2021, continues to be a top market for U.S. exporters.
Post increased the 2022/23 forecast for soybean planted area expansion to 43.3 million hectares (ha) and soybean production to 153 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year. However, in the southern part of the country including Rio Grande do Sul and Parana, rains will be needed in January because if continues to be dry, the crop will be negatively impacted.
Argentine imports of consumer-oriented food and beverages in 2023 are projected to remain flat at 2022 levels, due to continuing economic uncertainty, currency controls, weak consumer spending, and the expectation of high inflation.
This report outlines Colombia´s food and beverage market conditions, highlighting middle class expansion, retail modernization, and healthy product preference as the main drivers of demand. Consumer habits and preferences continue to evolve, opening opportunities for healthy and sustainable food products.