A report of the Central Reserve Bank (BCR) places Peru as the country with the best performance in non-traditional exports in the region, in an international scenario marked by greater tariff protectionism.
According to the report, Peruvian non-traditional exports grew 16.4% in accumulated terms in the last 12 months to October, a rate that easily exceeds that registered by economies such as Colombia (+13.7%), Mexico (+7.6%), Chile (+4.7%) and Brazil (+3.4%).
The monetary authority adds that Peruvian leadership is also maintained when the average annual growth of the last five years is observed. In that period, the country achieved an expansion of 10.5%, above Colombia (+10%), Mexico (+8.4%), Brazil (+7.7%) and Chile (+5.7%).
Key factors
Behind this performance stands out the strength of Peruvian agro-export, a sector that has managed to position itself for the quality of its products, supported by sustained investment in cutting-edge genetics and the incorporation of new technologies.
Agroexports concentrate 52% of shipments of non-traditional goods. Among the products with the greatest dynamism are fresh avocados (+8.6%), blueberries (+8.3%), cocoa (+5.3%), fresh grapes (+25.4%), asparagus (+7.2%) and mangoes, among others.
“Agro-export is the activity that generates the greatest social impact on the Peruvian coast: it creates formal employment where there was previously underemployment and energizes the rural economy,” said Alfonso Bustamante Canny, CEO of CFI Holdings.
Along with agriculture, another relevant block within non-traditional exports is chemical products, which includes dye lakes, cochineal and sulfuric acid. Added to these are shipments from the non-traditional fishing, iron and steel and textile sectors, which complete the map of an increasingly diversified export offer.
Subscribe for free to the most prestigious Gastronomic Guide in the country. SUMMUM, the weekly newsletter. http://bit.ly/4imAPEI
RECOMMENDED VIDEO
