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Peru boasts a thriving food processing industry that plays a crucial role in its economy. This sector contributes approximately 27 percent to the country's industrial gross domestic product.
Wheat production in MY 2025/2026 (July-June) is forecast at 217,000 metric tons (MT), reflecting a slight increase compared to the previous year's estimate. Wheat imports in MY 2025/2026 are forecast at 2.2 MMT.
On March 29, 2017, Peru suspended imports of poultry products from the States of Tennessee and Wisconsin.
The U.S. - Peru Trade Promotion Agreement (PTPA) has served to generate a continuing symbiotic trade relationship between the United States and Peru that shows no signs of diminishing.
Poultry production growing at five percent a year continues to drive demand for imported U.S. corn, making Peru our fifth largest overseas market.
Heavy rains, landslides and flooding continue in Peru.