Peru is positioned as Japan's second largest avocado supplier

Published 2025년 3월 10일

Tridge summary

Peruvian exports to Japan are projected to grow by 44% to US$ 3,334 million in 2024, primarily due to traditional sectors like mining and hydrocarbons. However, non-traditional exports, including squid and avocados, have seen a decline. The Peruvian Association of Exporters (ADEX) is working with the Japanese government and private sector to increase trade and diversify products. ADEX also emphasizes the importance of investing in value-added sectors like agriculture, clothing, and aquaculture. Japan is a significant trading partner for Peru, ranking third in Asia and seventh globally. Despite contributing 0.8% to Peru's total Foreign Direct Investment, Japan plays a more notable role in the mining and commerce sectors.

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

Original content

(Agraria.pe) Peruvian shipments to Japan in 2024 totaled US$ 3,334 million, representing an increase of +44% compared to the US$ 2,315 million reached in 2023, consolidating the Asian country as the fifth destination for Peruvian exports. This was reported by the central manager of Exports of the Association of Exporters (ADEX), Diego Llosa Velásquez, who detailed that currently 94.5% of shipments to Japan are concentrated in traditional sectors (US$ 3,151 million). These are mining with US$ 2,000 million (+30.2%) and hydrocarbons with US$ 976 million (+111.67%). “Japan is the third largest buyer of Peruvian copper and the main destination for hydrocarbons,” he said. For its part, the non-traditional supply showed a contraction of -8.1% and represented 5.5% of the total exported in 2024 (US$ 183 million), due to the decrease in shipments of squid (-28%) and avocados (-6.4%), two of its main products. He pointed out that Peru exports 436 items to this market, although there is ...

Source: Agraria