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Cane sugar production for MY (May/April) 2015 is forecast at 1.24 MMT, up from 1.22 MMT in MY2014.
The U.S.-Peru Trade Promotion Agreement (PTPA) has led to record food and agricultural product exports for both countries.
On March 14, 2015, Peru’s Ministry of the Environment announced a fine structure for any company in non-compliance with the 10 year moratorium on genetically modified organisms.
Shrimp exports from Peru are estimated at 18, 000 MT in CY 2015, a six-fold increase from 2003 due to strong export demand.
Peru is forecast during 2015 to become the world’s leading quinoa exporter with exports reaching 40,000 MT.
FAS Lima coordinated for the American Softwood and the Engineered Wood Associations and accompanying members a series of site visits and meetings with Peruvian lumber importers.
The government is actively promoting Peru as a cultural and tourism destination.