Peru's agricultural foreign trade and its relationship with Colombia

Published 2021년 6월 17일

Tridge summary

Peru's non-traditional agricultural exports have seen an annual growth of over 10% for decades, reaching over $4 billion a year, and making it one of the leading exporters of avocados, grapes, blueberries, asparagus, and mangoes. In contrast, Colombian agricultural exports have seen a growth of 3.9% in 2020 and 4.8% annually since 2015, but have not found the same level of success. Peru's agricultural trade balance registered a surplus of $2.521 million in 2020, with the United States being its main agricultural export market. The country imported $5.27 billion worth of goods in the same year, with milk and concentrated cream with powdered sugar making up $55 million of those imports.

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Original content

Regarding the recent elections for president in the neighboring country, CONtexto livestock reviewed the rate of exports in Peru in recent years, especially those of non-traditional agricultural products, which is the line in which it stands out the most. As Eduardo Lora, a researcher associated with the EAFIT University, indicated in his column for the newspaper Portafolio, Peru's non-traditional agricultural exports have been growing more than 10% annually for decades and exceed 4 billion dollars a year. “Recent successful products are numerous: avocados, grapes, blueberries, asparagus and mangoes are the most important. In all of them, Peru is among the five largest exporters in the world ”, highlighted the columnist. On the other hand, Colombian agricultural exports increased 3.9% in 2020 and since 2015 they have grown 4.8% annually, without achieving any agricultural export success after flowers in the 70s. (Read: Peru invests USD 1.4 million in genetics to improve your herd) ...

Source: MXContexto