Fruits and vegetables continued to grow in the United States

Published 2020년 6월 14일

Tridge summary

In the face of global economic uncertainty due to the coronavirus pandemic, US imports of Peruvian fruits and vegetables surged by 20% in value during the first quarter of 2020, compared to the same period in 2019. This growth is attributed to an increase in demand fueled by supply chain concerns, with Peru's agro-exports now accounting for 7% of the United States' imports, up from 6% the previous year. Notable increases were seen in imports of mangoes, grapes, asparagus, onions, and berries, with Peru outpacing Chile in grape exports and mango imports showing a significant 40% rise. This performance positions Peru favorably in the US market, particularly in mango imports where it currently satisfies 53% of demand, despite challenges of overproduction and competition from Mexico and Colombia. The growth in Peruvian grape exports, along with a narrowed gap in Chilean competition, highlights the resilience and opportunity within Peru's agricultural sector amidst global challenges.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The United States is the largest importer of Peruvian fruits and vegetables. At the end of 2019, 42% of Peruvian fruit and vegetable exports (chapters 07 and 08 of the tariff headings) had this country as their final destination. In the face of the coronavirus outbreak and the global economic crisis that it generated this year, many doubts arose about how these events would affect Peruvian agro-exports. According to Fresh Fruit estimates, during the first quarter of 2020, US imports of Peruvian fruits and vegetables increased by 20% in value, compared to the same period in 2019. A growth that has been very surprising, since in the In the first quarter of 2019, without COVID-19 or the economic crisis, a 7% rise had been achieved compared to 2018. The unexpected growth this year is due to the increase in North American demand caused by the uncertainty regarding the food supply. The precaution of having more food motivated a greater demand, but it would not have taken advantage if ...

Source: Freshfruit.pe