Peru’s Avocados Conquered Costco, Next Comes Asia Markets

Nov. 16, 2018, 11:59 AM UTC

Peruvian avocado exporters who increased sales to U.S. megastores like Costco and Walmart—thanks to free trade agreements that relaxed food, animal and plant restrictions—now hope similar deals in Asia can boost sales there.

Avocado exports from Peru during the first 10 months of 2018 totaled 181.2 million pounds, up from 141.7 million pounds in 2017 and 71.9 million in 2016, according to data from the Hass Avocado Board.

Growers operating in Peru believe new trade deals such as the 11-nation trans-Pacific pact could help replicate the success they had increasing sales in the U.S. after a 2010 agreement reduced ...

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