The Peruvian team will play on Monday, June 13, at 1:00 pm (Peruvian time), a decisive duel against Australia for their qualification to the Qatar 2022 World Cup. Beyond the differences in the game and soccer players of both squads, the same thing also happens in the ‘economic field’.
Let us remember that the Peru signed a Free Trade Agreement (FTA) with Australiawhich entered into force on February 11, 2020, allowing the duty-free entry of 96% of the national exportable supply.
According to the Association of Exporters (ADEX), Peruvian exports to Australia totaled US$126.8 million in 2021, a 9.6% lower amount compared to 2020 (US$140.3 million), mainly due to lower mining shipments.
He added that Peruvian shipments with added value to that country totaled US$14.4 million in the first quarter of this year, 10.8% more than in the same period of 2020, but 4% less than in 2019 (US$15 million). .
Peruvian export products?
Peru exports to Australia mainly fish fats and oils, copper and its concentrates, fishmeal, zinc and concentrates, gold, machine parts, mangoes.
Also fungicides based on copper compounds, quinoa, preparations and preserves of whole anchovies or in pieces, cotton t-shirts and others.
For its part, Peruvian imports from Australia in 2021 totaled US$ 154.2 million, an amount greater by 33.8% compared to 2020.
The leading products were cyanide, as well as barley, unroasted malt, machine and appliance parts, rolled bars and others.
In 2021, the trade balance between the two countries was in deficit for Peru by US$27.4 million.
Salary in Australia and Peru?
Australia is located in Oceania and is surrounded by the Indian and Pacific oceans. It has a population of 25.6 million people and the minimum wage as of July 1, 2021 is US$772.60 (Australian dollars) per week, which is equivalent to a minimum hourly rate of US$20.33.
While in Peru, with more than 32 million inhabitants, it has a Minimum Vital Remuneration (RMV), since May 1 of this year, of S / 1,025 per month.