Country risk down to 120 basis points

16/09/2019

On August 27-September 4, the country risk indicator —measured by the EMBIG Peru spread— fell from 129 to 120 bps, the Central Reserve Bank (BCR) has informed. In the same period, the EMBIG LatinAmerica spread fell 53 bps to 504 bps amid increased expectations of declining trade tensions between China and the United States. On […]

Agro-exports exceed US$3.538 billion in Jan-Jul 2019

16/09/2019

Peru’s traditional and non-traditional agro-exports totaled more than US$3.538 billion between January and July 2019, thus increasing 7.72% compared to the same period last year, privately-run Association of Peruvian Exporters (Adex) has reported. Within this framework, non-traditional agro-exports totaled US$3.278 billion in the first seven months of this year, a 7.69% rise compared to the same period in […]

Garment exports may total US$1.038 billion in 2019

16/09/2019

Peruvian garment exports might total US$1.038 billion by the end of 2019, thus increasing 8% compared to last year, Lima Chamber of Commerce (CCL) projected Tuesday. According to CCL’s Clothing Guild, the Inca country’s fashion industry seeks to position itself in markets that are willing to pay higher prices for quality, where it can offer […]

Quellaveco Mining Project to Start Exports in First Half of 2022

01/09/2019

Anglo American mining company will begin exporting its first copper concentrates from Quellaveco Mine in the first half of 2022, Sustainability Manager Eduardo Serpa has projected. According to the officer, the mine construction did not stop during the recent demonstrations. «The forecast is that operations will begin in the first half of 2022,» he affirmed. Likewise, Serpa […]

Peru: World’s Second-Largest Organic Coffee Exporter

01/09/2019

Peru remains the second-largest organic coffee exporter of the world and the main exporter of this bean to the United States, the Exports and Tourism Promotion Board (PromPeru) informed on Friday. In 2018, certified coffee shipments totaled 1.021 million quintals, of which around 90% were organic. According to Foreign Trade and Tourism Minister Edgar Vasquez, […]

Peru to be Among World’s Top Twenty Food Suppliers

01/09/2019

Peru is on its way to becoming one of the 20 largest food suppliers in the world, Fresh Fruit Peru has informed. Within this framework, the Foreign Affairs Ministry, Peru’s Exports and Tourism Promotion Board (PromPeru), as well as the Association of Peruvian Farming Producers (AGAP) participated in the presentation of the third Fresh Report. According to the agro-exports commercial […]

Moody’s: Weather forecast favors Peru’s fishing, agriculture sectors

23/08/2019

Operations for Peru’s volatile fishing and agriculture sectors —both vulnerable to El Niño and La Niña disturbances, among other weather events— will benefit from benign weather conditions at least in 2019, Moody’s Investors Service has projected. «For the next anchovy fishing season, allowable fishing quotas and prices should remain stable,» it expressed. ENFEN —Peru’s federal multi-sector commission for […]

Peru: Pisco Exports Up 2.9% in First Half of the Year

23/08/2019

Peru’s pisco exports totaled US$4.3 million in the first half of 2019, thus increasing 2.9% compared to the same period last year (US$4.18 million), Lima Chamber of Commerce (CCL) informed on Tuesday. Likewise, wine shipments amounted to US$115,860 in the first six months of the year, a 53.8% compared to the similar term in 2018 (US$75,321). […]

Peru Products Received Superior Taste Award in Belgium

23/08/2019

A total of 16 Peruvian products —of the food and beverage sector— obtained the Superior Taste Award, the Foreign Trade and Tourism Ministry (Mincetur) has informed. The event was organized by the International Taste Institute, based in Brussels (Belgium). «Around 200 prestigious chefs and sommeliers objectively assessed our products, identifying them as products with high taste quality,» Peru’s Brussels-based […]

Lambayeque’s Export Offer

10/08/2019

Cranberry has become the star of Lambayeque’s export offer. In the first five months of this year, blueberry exports from this region grew exponentially reaching nearly US$ 8 million dollars, said the Association of Exporters (Adex). The business union revealed that Lambayeque’s export basket has changed and has now become a purely agro-export region. Adex […]