Peru
U.S. Trade with Peru in 2023
Export Market Rank
#28 Among U.S. Agricultural Export Markets
Total Export Value
$851.3 Million
3-Year Average
$949.56 Million
Compound Average Growth
-3.8% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Peru in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Ethanol (non-bev.) | $146.76 Million | --- | $81.62 Million | 246% |
| Dairy Products | $117.93 Million | 35,962 | $88.35 Million | 71% |
| Cotton | $72.05 Million | 29,789 | $104.92 Million | -45% |
| Wheat | $60.54 Million | 198,831 | $85.13 Million | -63% |
| Corn | $57.02 Million | 197,115 | $276.18 Million | -88% |
| Soybeans | $55.73 Million | 92,599 | $66.21 Million | 178% |
| Poultry Meat & Prods. (excl. eggs) | $43.22 Million | 35,631 | $29.02 Million | 354% |
| Other Feeds, Meals & Fodders | $33.89 Million | 28,913 | $29.54 Million | 37% |
| Beef & Beef Products | $30.96 Million | 7,626 | $26.23 Million | -8% |
| Food Preparations | $29.45 Million | 4,392 | $35.53 Million | 7% |
Data and Analysis
Sugar cane production in marketing year (MY) 2025 is forecast at 10.2 milllion metric tons (MMT). Cane sugar production in MY 2025 is forecast to reach 1.3 MMT, increasing 14 percent compared to the previous year.
Peru has a robust food processing industry that is an integral part of its economy. The food industry contributes to nearly 27 percent of the country's industrial gross domestic product (GDP). However, the non-primary manufacturing sector, which encompasses food and beverage production, experienced a decline of 8.1 percent in 2023.
Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.
News and Features
The U.S. Department of Agriculture’s Foreign Agricultural Service is accepting applications from U.S. exporters for a trade mission to Santiago, Chile.