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.

Based on the final official harvest data, the Bulgarian corn crop fell to only 1.5 million metric tons (MMT) in marketing year (MY) 2024/25. This is the smallest corn crop since 2012, and was impacted by intense summer heat and drought followed by adverse rainy weather during the harvest.

This report outlines Peru’s regulatory requirements for food and agricultural product imports and updates and replaces the 2023 report. Peru's economy is on a steady path to recovery, fueled by robust performances across key sectors.

Strong demand growth continued in the Bulgarian tree nut market in marketing year (MY) 2023/24. The domestic demand increase was led by both the retail/food service industry and by the confectionary trade.