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- (-) April 2019
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Peru’s food processing industry is a dynamic sector of the national economy.
Coffee production in marketing year (MY) 2019/20 (April/March) is forecast at 4.5 million bags (60- kilograms per bag), increasing 3 percent from the previous year.
Milk production in CY 2019 at is forecast at 2.3 MMT.
Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
U.S. oranges coming into Korea from September 1- February 28 do so under a Tariff Rate Quota (TRQ) negotiated under the Korea-U.S. Free Trade Agreement (KORUS).
Peru’s sugar industry continues grow. It is bound to reach self-sufficiency in the upcoming years.
This report outlines Peru’s regulatory requirements for food and agricultural product imports.
Although Korea’s production of barley increased 38 percent in 2018, production and consumption of barley are expected to remain fairly constant over the next few years.
MY 2019/2020 wheat production will remain negligible at 25,000 metric tons (MT), while wheat consumption is anticipated to grow slightly to 3.85 million MT (MMT). MY 2019/2020 corn consumption....
The U.S.–Peru Trade Promotion Agreement (PTPA) celebrated its tenth anniversary on February 1, 2019.