Peru: Export closed 2020 with a fall of -15.3%

Published Feb 2, 2021

Tridge summary

In 2020, Peruvian exports saw a decrease of -15.3%, totaling US $ 39,351 million 154 thousand, as reported by the Association of Exporters (ADEX), reflecting the impact of the pandemic and restriction measures globally. Despite the overall decline, the agribusiness sector experienced growth, with traditional exports, excluding mining, experiencing a decrease of -19%, and non-traditional exports, mainly agricultural-agroindustrial products like grapes and blueberries, seeing an 8.2% growth. The US, the Netherlands, and Chile were the leading markets for these exports. The fluctuation in the Agrarian Promotion Law and the pandemic continue to affect export dynamics, with a potential for recovery to pre-crisis levels in 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peruvian exports in 2020 totaled US $ 39 thousand 351 million 154 thousand, falling -15.3% compared to 2019 and showing the damage of the pandemic and the confinement measures that occurred in the world, only the agribusiness closed in blue, reported the Association of Exporters (ADEX). The president of the union, Erik Fischer Llanos, considered that it is time to make structural changes that add to the competitiveness of the national productive apparatus. "The external panorama is complicated by the increase in Covid-19 cases, but there is a pending agenda that we must advance," he said. We have had a dialogue - he continued - with the President of the Republic, ministers of state, vice ministers, directors and technicians of programs involved with our sector and we shared the analysis of the situation of the export chain and a series of proposals that we hope will be evaluated and put into March. “In the first months of the state of emergency, Peruvian exports were the most ...

Source: AdexPeru