Copper drove 20% growth in exports from the Tacna region, Peru in 2020

Published Mar 2, 2021

Tridge summary

The Tacna region in Peru saw a 22% increase in exports in 2020, totaling $439 million, due to higher sales of minerals, primarily copper and gold, driven by increased international prices. The region also set a record in agricultural exports, reaching $66 million, with olives, oregano, and noodles being the main products. The main markets for these exports were Canada, Japan, and Chile. The Ministry of Foreign Trade and Tourism (Mincetur) approved the Regional Exporting Plan of Tacna (PERX Tacna) to promote non-traditional exports. However, trade through the Tacna customs fell by 24% in 2020 due to a decrease in exports of squid and cotton garments, and a 25% drop in imports.

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Original content

18:09 | Lima, sea. 2. Exports from the Tacna region totaled 439 million dollars in 2020, an amount 22% higher than in 2019, the Ministry of Foreign Trade and Tourism (Mincetur) highlighted today. According to the Mincetur Regional Trade Report, this growth was supported by higher mineral sales (+ 44%), mainly copper (+ 199%) and gold (+ 9%), which were favored by higher international prices. On the other hand, the region also reached a record exporter of agricultural products in 2020, reaching 66 million dollars, this was possible thanks to higher sales of products such as olives (+ 1%), oregano (+ 17%) and noodles (+ 28%), which represent the three main agro-export products of the region (11.4% share in total exports). Also to the high growth rates of products such as ginger (+ 417%), paprika (+ 222%), maca powder (+ 243%), onion (+ 61%), among others. Main markets According to the Mincetur publication, the main destinations for exports from Tacna were Canada (24% of the total), ...

Source: Andina