Peru: Exports of cocoa and its derivatives totaled US $300 million between January and May 2024

Published 2024년 7월 19일

Tridge summary

Between January and May of this year, Peruvian cocoa and cocoa derivative exports saw a dramatic increase of 130% compared to the same period last year, reaching a total of US$300 million. This surge is primarily due to both increased international prices and a rise in volume exported. The main markets for these products include Europe, the United States, Malaysia, and Indonesia. The Peruvian government is actively supporting the cocoa production chain through the Export Productive Route (RPE) strategy, which aims to boost the competitiveness of producer organizations and MSMEs. This initiative has assisted 114 organizations and MSMEs, benefiting over 13,000 families. Peru is projected to exceed US$ 429 million in cocoa and cocoa derivative exports in 2023, marking a 29% increase from the previous year. The country is also a significant producer of organic cocoa, ranking among the top three globally. This announcement was made during the inauguration of the XV International Cocoa and Chocolate Show 2024, which will take place from July 21 at the Lima Convention Center, with the participation of 22 buyers from 10 countries.

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Original content

(Agraria.pe) Between January and May of this year, Peruvian exports of cocoa and its derivatives totaled US$300 million, showing an increase of +130% compared to what was reported in the same period last year. This was highlighted by the head of the Ministry of Foreign Trade and Tourism (Mincetur), Elizabeth, Elizabeth Galdo Marín, who explained that said growth is mainly explained by a considerable increase in prices internationally, as well as a greater volume shipped. He indicated that in the first five months of this year, the main destination markets for cocoa and its derivatives (powder, paste and chocolate) from Peru were Europe, the United States, Malaysia and Indonesia. He highlighted that the cocoa production chain is one of the most relevant agro-industrial lines in our country, both for its economic and social contribution, generating opportunities for small farmers, as well as micro, small and medium-sized enterprises (MSMEs) nationwide. . “Thanks to our biodiversity, ...

Source: Agraria