ECONOMIC BENEFITS FROM THE PERUVIAN ASPARAGUS TRADE
Peruvian asparagus imports provide significant economic benefits to the United States in terms of job creation, revenues, and supply chain support. Here are some key factors:
1. Job Creation and Business Growth
- The Peruvian asparagus import sector supports thousands of U.S. jobs.
- According to industry estimates, asparagus imports from Peru contribute directly or indirectly to about 7,000+ jobs across the U.S. commercial supply chain, including roles in transportation, distribution, and retail.
- Several hundred individuals are specifically employed in the process of importing fresh asparagus, with major distribution hubs in South Florida.
2. Economic and Trade Value
- The U.S. imported approximately 155 million pounds of asparagus from Peru in 2024, making it a major supplier to the U.S. consumer.
- Despite weather-related disruptions in 2023, the import values of Peruvian asparagus have still increased year over year to the U.S. Trade Value.
- Peruvian asparagus is a counter-seasonal crop, meaning its peak production period occurs when U.S. production is lower. This helps maintain a steady supply of fresh asparagus in the U.S. market year-round.
3. Indirect Business Support
- The asparagus import trade deal supports numerous indirect businesses, including logistics companies, customs brokers, refrigerated storage providers, retailers and food service across the nation..
- The Peruvian Asparagus Importers Association (PAIA) works with U.S. supermarkets and foodservice providers to ensure consistent supply and market demand.
In summary, Peruvian asparagus imports benefit the U.S. economy by creating thousands of jobs, supporting businesses across multiple industries, ensuring year-round asparagus availability, and keeping consumer prices stable. If you need specific dollar values for revenues and economic impact, more detailed industry reports or trade data may be required.