Peruvian agro-exports seek to continue the path of growth

Regulation & Compliances
Market & Price Trends
Published Apr 18, 2024

Tridge summary

In 2023, Peru's agricultural exports soared to USD 10,202 million, marking a 4.2% increase from the previous year and securing a 15.8% share of the country's total exports, despite a global 5% decline in goods exports. This growth positioned agroexports as the second largest export sector in Peru, primarily driven by high demand for grapes and blueberries in key markets such as the United States, the European Union, Ecuador, China, and Chile. The sector's remarkable expansion since 2000 is attributed to a broader market reach, an increase in the number of exporting companies, and a diversified export portfolio. Peru has also emerged as a global leader in several agricultural products. A collaborative effort involving strategic allies like RR, EE., Midagri, PromPerú, IICA, INIA, and Senasa, supported by sponsors such as BCP, Trupal, Acfrup, Gastaldi Perú, Scharff, and Ecowax, underscores a comprehensive strategy aimed at fostering further growth, innovation, and sustainability in the agricultural sector.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite different factors, agroexports (USD 10,202 million) were positioned as the second most important activity in 2023, with a participation of 15.8% of total national shipments and an increase of 4.2% compared to 2022, the Center reported. of Economics and Global Business Research of the CIEN-ADEX Exporters Association. The head of Economic Studies and Commercial Intelligence at CIEN-ADEX, Gabriel Arrieta Padilla, indicated that 2023 was an atypical year and that global exports of goods registered a reduction of -5%. Some factors that influenced this result were lower volumes, low commodity prices and others. In the case of Peruvian agroexports (USD 10,202 million), he pointed out that they were only surpassed by mining and hydrocarbons (USD 43,872 million) and surpassed others such as manufacturing (USD 7,525 million) and fishing (USD 2,875 million). Its main destinations were the US (USD 3,650 million), the European Union (USD 2,725 million), Ecuador (USD 410 million), China ...
Source: AgroPeru
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