Peru and Chile - March 2016

Trade Mission
March 14, 2016

Agriculture Secretary Tom Vilsack will lead a trade mission March 14-18, 2016 to expand export opportunities for U.S. agriculture in Peru and Chile. Participants will have a unique opportunity to forge relationships with potential customers and trading partners, interact with host government officials, and gather market intelligence that will help them develop strategies to start or expand sales in these key markets.

Why Peru and Chile?

The United States enjoys strong trading relationships with both Peru and Chile thanks to existing free trade agreements. In addition, both nations are part of the Trans-Pacific Partnership (TPP). Implementation of the TPP will provide an additional boost the Peruvian and Chilean economies and tighten integration with the U.S. economy, helping further expand demand for U.S. agricultural products.

The United States entered into a trade agreement with Peru in 2009 that slashed agricultural tariffs and improved market access for many U.S. products. As a result, U.S. farm and food exports to Peru have nearly tripled, reaching a record $1.25 billion in FY 2015. While bulk commodities comprise more than half of U.S. agricultural exports to Peru, the country’s steady economic growth and expanding middle class are fueling demand for higher-value, consumer-oriented U.S. exports, including dairy products, meat and poultry, prepared foods, and fresh fruits. Now that the United States enjoys access to the Peruvian market, it’s a great time for U.S. companies to make connections with Peruvian buyers and to help forge closer links between our economies.

In the Chilean market, all U.S. products enjoy duty-free access as of 2015, thanks to the U.S.-Chile Free Trade Agreement enacted in 2004. Since 2004, U.S. exports to Chile have grown more than 500 percent, totaling $803 million in FY 2015. Two-thirds of all U.S. agricultural exports to Chile are high-value, consumer-oriented products, led by red meat and poultry, dairy, prepared foods, and wine and beer. With promising projections for long-term economic stability, Chile offers a market in which U.S. products can be competitive and successful.

For additional information, please email trademissions@fas.usda.gov.

Programs

Market Development Programs

Emerging Markets Program (EMP)

Funds technical assistance activities to promote exports of U.S. agricultural commodities to emerging markets worldwide.

Data and Analysis

Secretary of Agriculture Thomas Vilsack’s March 13-16 visit to Lima invigorated the $3 billion U.S.- Peru bilateral agricultural trade relationship, reopening the Peruvian market to U.S. beef.
Graphic illustrating the growth of U.S. agricultural and related product exports to Chile between 2000 - 2015.
Graphic illustrating the growth of U.S. agricultural and related product exports to Peru between 2000-2015.

News and Features

Contact: Office of Communications (202)720-4623 Agreement is expected to further increase beef exports to Peru, which topped $25 million in 2015 LIMA, Peru, March 14, 2016 – Agriculture Secretary Tom Vilsack and U.S. Trade Representative Michael...
Contact: USDA Office of Communications (202) 720-4623 WASHINGTON, March 10, 2016–Leaders from 34 U.S. agribusinesses and organizations will accompany Agriculture Secretary Tom Vilsack on a trade mission to Peru and Chile, March 14 to March 18, to...
Contact: Office of Communications (202) 720-4623 WASHINGTON, Jan. 19, 2016–The U.S. Department of Agriculture (USDA) today announced that Agriculture Secretary Tom Vilsack will lead a trade mission March 14 to March 18 to expand export opportunities...