Peru: Peru's Symbiotic Trade Relationship with the United States

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. Peru's aspiration to expand market access in Asia is expected to spur further demand for U.S. agricultural inputs such as corn and soybean meal for animal feed and genetics for agricultural production. Peru maintained its perennial front-runner status in the region with an economic growth rate of 3.9% in 2016 and its growing middle class increasingly demands high-quality U.S. products. 

Peru: Peru's Symbiotic Trade Relationship with the United States