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Peru fourth among countries with largest growth in exports

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Staff Writer | December 13, 2017
Peru is placed fourth among countries with the highest growth in exports, behind Kazakhstan, Australia and Russia, Deputy Foreign Trade Minister Edgar Vasquez informed.
LatAm   An interesting sector is the chemical
Likewise, Peru leads the commercial dynamism among international markets in the Americas.

"A major aspect of this growth is that it takes place in a homogeneous manner; that is, each exports sector shows positive results, unlike a few years ago, when our shipments were driven by agroindustry," he noted.

Metal mining exports grew by 25% in September this year, while (traditional and non-traditional) agroindustry did so by 8%, fisheries expanded 42% and hydrocarbons 52%.

"An interesting sector is the chemical, whose sales abroad had recorded falls in the past years. However, a recovery has been reported in 2017, and shipments have expanded over 1% already," he explained.

"The same occurs with the textile sector, which has increased 5% so far this year," Vasquez added.

The deputy minister remarked actual exports (actual volume index) between January and October went up by 13%, whereas the export price did so by 9%.