Peru is the third largest exporter of chestnuts in the world

Published 2024년 12월 12일

Tridge summary

In 2023, Peru became the third largest exporter of chestnuts in the world, with shipments totaling US$ 30 million and accounting for 12.4% of the global market despite a decrease in demand. The global chestnut market saw a decrease of 28.8%. However, Peruvian chestnut exports increased by 29% from January to October of the same year, reaching US$ 34.5 million. The signing of phytosanitary protocols by the Ministry of Agrarian Development and Irrigation to start shipments of chestnut and other products to China is expected to further increase exports. The chestnut was exported to 46 countries, with South Korea and the United States being the top buyers. The main exporting regions were Madre de Dios, Lima, and Arequipa.

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Original content

The union indicated that 2024 will be a better year since the figures recorded in October exceeded everything generated in 2023. In 2023, Peru became the third largest exporter of chestnuts –also known as Amazonian nuts– in the world, after Bolivia and Germany, reported the Global Economics and Business Research Center of the CIEN-ADEX Exporters Association. Peruvian shipments of this natural product to the world amounted to US$ 30 million last year and accounted for 12.4% of the total, although its demand fell by -17.8%. Bolivia ranked first with a share of 47.5% (US$ 115 million 400 thousand), while Germany, as a re-exporting country, occupied the second position, concentrating 14.8% (US$ 36 million). According to the CIEN-ADEX trade note, the world chestnut market decreased -28.8% in 2023, reaching a value of US$ 229 million. Germany consolidated itself as the main world importer by grouping 17.2% of the total (US$ 39 million 500 thousand), followed by the USA (US$ 37 million ...

Source: Revistaeconomia