Peruvian exports to the U.S. hit $425 million in Q2 2024, with avocados and mandarins driving growth despite mixed results for asparagus.

In the second quarter of 2024, the United States solidified its position as the leading destination for Peruvian agricultural exports, with shipments totaling $425 million.

This marked a significant increase of 17 percent compared to the same period in the previous year.

The surge highlights the growing demand for Peruvian produce in the U.S. market, a trend that has continued to gain momentum.

Avocados led the charge among Peruvian exports to the U.S., accounting for just over 20 percent of the total shipments.

These exports reached 44,791 tons, valued at $96 million, representing an 11 percent increase in volume and a notable 35 percent rise in value from the second quarter of 2023. The average price of avocados saw a substantial boost, climbing 21 percent to $2.15 per kilogram.

Mandarins followed as the second most exported Peruvian product to the U.S., with a total of 38,547 tons shipped, amounting to $52 million in value.

This represents a 16 percent increase in volume and a 31 percent increase in value compared to the same period last year.

The price per kilogram of mandarins also experienced a 13 percent increase, reaching $1.34.

Asparagus, another significant Peruvian export, experienced a different trend.

Although 15,975 tons were exported to the U.S., generating $51 million, this reflected an 8 percent decrease in volume and a 13 percent decrease in value from the previous year.

The average price of asparagus dropped by 5 percent, standing at $3.17 per kilogram.

These figures, as reported by Produce Blue Book’s media coordinator for Latin America, Marco Campos, underscore the dynamic nature of U.S.-Peru agricultural trade relations.

While avocados and mandarins showed strong performance, the decline in asparagus exports suggests shifts in market demand and pricing pressures within this sector.