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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Peru: Agro-exports reached 146 countries between Jan-Oct 2017

Wednesday, December 13, 2017 > 10:22:05
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Andina

Peruvian agro-exports reached 146 countries, thus totaling US$4.777 billion in the first 10 months of 2017, up by 8% from the same period last year, Agriculture and Irrigation Ministry (Minagri) reported.

Such expansion was mainly underpinned by higher shipments of non-traditional products, whose export value experienced an 11% increase.  

According to Minagri, products that registered higher export values were clementines (+70%), blueberries (+49%), fresh avocados (+45%), and animal feed (+43%), among others. In the analyzed period, top destinations for these Peruvian products —which also increased their sales— were China (+151%), South Korea (+83%), Ecuador (+26%), Spain (+10%), the United States (+8%), Chile (+4%), and Belgium (+4%).

Likewise, non-traditional agro-exports expanded 11%, going up from US$3.765 billion in 2016 to US$4.178 billion this year.

It must be noted non-traditional shipments made up 87% of total agro-exports.

Products such as avocados, asparagus, grapes, blueberries, mangos, Cavendish Valery bananas, cacao, quinoa, sugar-free evaporated milk, as well as animal feed stood out in this sense.

On the other hand, traditional agro-exports amounted to US$599 million.

New markets  

Between January and October 2017, agro-exports have captivated 146 markets, being the United States the main export destination (receiving 29% of Peruvian products), followed by Spain (6%), Ecuador (5%), England (5%), China (5%), Germany (4%), Chile (3%), Belgium (2%), and Colombia (2%).

All of the above resulted in a positive agricultural trade balance which stood at US$877 million (FOB). Within this framework, exports amounted to US$4.777 billion, whereas imports totaled US$3.900 billion.  

In this regard, Minagri projected agro-exports will exceed US$6 billion by the end of 2017. 


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