Peru · Trade

Key Facts

—Effective date. The agreement entered into force on 1 July 2026 after both nations completed their internal legal procedures.

—Market size. Guatemala’s import market targeted by the deal is estimated at over US$2 billion, especially in food and beverages.

—Immediate access. More than 75% of Peruvian exports will enter Guatemala duty-free within five years, with many tariffs eliminated immediately.