From January to August 2020, Peruvian paprika exports experienced a 9% increase, reaching a FOB value of $46.4 million compared to the same period in 2019. Mexico and Spain were the primary export markets, with Mexico importing $16.5 million worth and Spain $15 million worth. The number of export markets expanded in 2020, including countries like Albania, Bolivia, Canada, the Dominican Republic, and Jamaica. S & M FOODS SRL was the company that initiated exports to Albania. Peru's optimal growing conditions allow for year-round cultivation, providing a competitive edge in the global market. In 2019, Peru achieved a FOB value of $65.7 million, positioning itself as the 3rd largest exporter of Paprika.