Browse Data and Analysis

In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.

In 2020, Peru ranked as the eighth largest destination for U.S. pulses in terms of both volume and value as the COVID-19 pandemic drove domestic demand higher, boosted by consumers' focus on a healthier, more economic, and balanced diet.

Peru is becoming South America’s leading importer of pulses in the region.

Peru is one of the top markets for pulses in Latin America. A staple of the Peruvian diet, consumption is steady and driven by tradition, affordability, and the view that it is a healthy protein....

As a result of FAS Lima’s updated contact database, coordination and support of the USDPL Trade Mission during January 2015, Peruvian importers report buying 30 percent more thus far in 2015.