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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.
Croatia provides a unique opportunity for U.S. wine exporters to position their product.
Croatia is a major European tourist destination and as such is an opportunity for U.S. craft beer exporters to position their product in a newly minted EU member state.
For over a decade, Peru has been one of the world’s top performing economies, registering sustained high growth accompanied by low inflation.
Croatia imports a significant portion of the food it consumes.
Peru is an internationally recognized gastronomic hub with opportunities for imported complementary food products.
The European Commission has published in the EU Official Journal updated legislation amending the EU Regulation on Spirits.
In 2017, Croatia imported $4.7 million in whiskey and $1.1 million in bourbon.
On March 12, 2018, the EU alcoholic beverages industry presented a “joint’ self-regulatory proposal on nutrition labeling and ingredients listing to the European Commission.
Peru’s food processing industry is a dynamic sector of the national economy. U.S.-origin food processing ingredient exports to Peru are forecast at $202 million in 2017.
Peru’s food retail sector sales will rebound in the medium-term, benefiting from government stimulus measures seeking to boost consumer spending.
Croatia imports a significant portion of the food it consumes.