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.

Chickpeas, also known as garbanzo beans, are a legume full of protein, fiber, complex carbohydrates, and are relatively low in calories. Chickpeas are used in many Indian and Mediterranean dishes. Australia, India, and Canada are the top three chickpea exporters accounting for more than 40 percent of the world’s exports in 2022. Pakistan is the largest importer, followed by the European Union, Bangladesh, and Turkey.

Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.

Those seeking to take advantage of the tariff benefits stemming from the U.S.-Panama Trade Promotion Agreement should ensure their products comply with rules-of-origin requirements to avoid fines and back duty assessments.

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.

Taiwan is an important trading partner and offers many opportunities for sales of U.S. food and agricultural products.

Chile is the top market for U.S. “consumer oriented products” in South America.

U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.

On April 14, 2017, Mexico’s Secretariat of Economy (SE) announced that it will allow a total of 100,000 metric tons (MT) of dry bean to be imported duty-free under a tariff rate quota (TRQ).

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....

The Dominican Republic is scheduling the import of Tariff Rate Quotas (TRQs) established under the CAFTA-DR for rice and powdered milk for Calendar Year 2017 (CY17).