Peru
U.S. Trade with Peru in 2023
Export Market Rank
#28 Among U.S. Agricultural Export Markets
Total Export Value
$851.3 Million
3-Year Average
$949.56 Million
Compound Average Growth
-3.8% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Peru in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Ethanol (non-bev.) | $146.76 Million | --- | $81.62 Million | 246% |
| Dairy Products | $117.93 Million | 35,962 | $88.35 Million | 71% |
| Cotton | $72.05 Million | 29,789 | $104.92 Million | -45% |
| Wheat | $60.54 Million | 198,831 | $85.13 Million | -63% |
| Corn | $57.02 Million | 197,115 | $276.18 Million | -88% |
| Soybeans | $55.73 Million | 92,599 | $66.21 Million | 178% |
| Poultry Meat & Prods. (excl. eggs) | $43.22 Million | 35,631 | $29.02 Million | 354% |
| Other Feeds, Meals & Fodders | $33.89 Million | 28,913 | $29.54 Million | 37% |
| Beef & Beef Products | $30.96 Million | 7,626 | $26.23 Million | -8% |
| Food Preparations | $29.45 Million | 4,392 | $35.53 Million | 7% |
Data and Analysis
Grape production in Peru is forecast to reach 790,000 metric tons (MT) in marketing year (MY) 2024/2025, an increase of two percent compared to the previous year. The expected increase is due to improved climatic conditions in northern coastal regions which represents 48 percent of the total production area.
Since 2011, Peru has continued its moratorium on biotechnology due to concern on its impact to the environment. The scientific community, however pledges to adopt it . In January 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years.
The food retail sector in Peru is anticipated to experience 5 percent growth by the conclusion of 2024, attributed to the overall enhancement in the country's economic landscape and targeted strategies devised by both the modern and traditional food channels.
News and Features
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from U.S. exporters for a trade mission to Santiago, Chile.