With an average annual growth rate of 11%, nearly double that of Chile (6.1%), Peru’s fresh produce offering is catching up to Chile’s at an unstoppable pace.
According to recent data, in 2024 Peru reached agricultural exports worth $9.185 billion, compared to Chile’s $9.403 billion, narrowing the historic lead of its neighbor to a minimum. But the trend becomes even clearer in the fruit category: since 2010, Peru’s fruit exports have grown nearly 20% annually, while Chile’s have increased by only 6.8%. As a result, Peru is expected to export $10.194 billion worth of fruit in 2025, overtaking Chile, which is projected to reach around $9.979 billion.
Peru’s success has some key drivers. The Andean country is a global leader in strategic products such as blueberries and avocados, and it is closing in on Chile in table grapes. While Chile still leads in this crop, the gap is narrowing quickly.
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Peru is also dominating in vegetables, currently accounting for 83% of South America’s vegetable exports, leaving Chile with just 17%. This cements Peru as the region’s top reference point in this category.
If this trend continues, 2025 could become a turning point for South American agriculture. A decade ago, Peru was seen as an up-and-comer — now it is on the verge of becoming the undisputed leader in fruit and vegetable exports in the region.