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U.S. corn exports to Peru remain strong and are forecast to reach 3.4 MMT in MY 2019/2020.
For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.
Fishmeal production in marketing year (MY) 2019/2020 (January-December 2019) is estimated at 890,000 MT, falling 25 percent compared to the previous year.
Ethanol production in Peru is expected to reach 161 million liters in 2018 falling 2 percent compared to the previous year due to increased production of sugar.
Peru maintains implementation of its 10-year moratorium on genetically engineered (GE) crops and a zero tolerance for GE events.
Grape production in Peru bounces back from an El Niño that damaged the crop in early 2017.
Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products.
Peru's food retail market has found its path to growth through compact store formats. The market currently holds over 450 convenience stores and 250 conventional supermarkets.
Peru continues recovering from the rust infestation of 2014 that affected nearly half of the country's coffee plantations.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
Sugar cane production is forecast to increase by 17 percent in MY 2019.
Peru’s food processing industry is a dynamic sector of the national economy.