Peruvian exports achieved record figures during 2018

By Espinosa Bellido Abogados

The Minister of Foreign Trade and Tourism of Peru, Edgar Vásquez Vela, informed that non-traditional Peruvian exports reached last year an historical record of USD 13,223 million, 13% more than in 2017. ”We have managed to obtain record figures in 45 destination markets, the most important of all the United States, but also the Netherlands, Ecuador, Chile and Spain, among others," said Vásquez Vela.

During 2018, the most exported value-added products were frozen squid (60% more), fresh blueberries (49%), grapes and avocados (26%), fine hair items (20%), plastics manufactures (16%) and cotton garments (13%).
The fishing and agroindustrial products achieved record sales of USD 5,860 and USD 1,369 million respectively, being the two sectors with more growth: 26% and 15%.

It should be noted that, of the 7,500 Peruvian export companies of non-traditional products, 97% are micro, small and medium enterprises (MSMEs).

Total exports reached USD 47,709 million during 2018, an increase of 7% compared to 2017.