Peru's cocoa and cocoa products exports increased by 130% in the first five months of this year

Published Jul 24, 2024

Tridge summary

Peru's cocoa and cocoa product exports surged to $300 million in the first five months, a 130% increase from the previous year, driven by higher international prices and increased volumes. Key markets include European countries, the U.S., Malaysia, and Indonesia. The Ministry of Foreign Trade and Tourism is boosting the cocoa production chain's export potential through the 'Export Production Route' strategy, aiding 144 organizations and SMEs in regions like Junín, San Martin, Piura, and Huánuco, benefiting over 13,000 households.

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

Original content

Peru's Andes News Agency reported on the 20th that data showed that in the first five months, Peru's exports of cocoa and cocoa products (such as cocoa powder, cocoa paste, chocolate, etc.) reached US$300 million, a year-on-year increase of 130%. This significant growth was mainly driven by the increase in international prices of cocoa and cocoa products and the substantial increase in Peru's export volume. Gardo said that the main export markets for Peruvian cocoa and cocoa products are the Netherlands, Germany, Italy, Belgium, Spain, France, the United States, Malaysia and Indonesia. She also said: "We realize that the cocoa production chain is one of Peru's important agro-industrial production chains, which has contributed both in the economic and social fields and created opportunities for small agricultural producers and small, medium and micro enterprises across the country." Gardo pointed out that given the importance of the cocoa production chain, the Ministry of Foreign ...

Source: Foodmate