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Lima, Perú. December 11, 2017
Year of Good Citizen Service
Tourism & Gastronomy
Peru: Foreign trade exceeds US$68 billion in first 10 months of 2017
Lima, Dec. 7.
Foreign Trade and Tourism Minister Eduardo Ferreyros said Peru's foreign trade totaled US$68.124 billion between January and October this year, up 15.8% over the same period in 2016.
Likewise, the minister informed
rose 22.9% to US$35.511 billion in the first 10 months of the year.
This result is attributable to higher export volumes (12.6%) in sectors like
(69%) and hydrocarbons (29%), as well as to a
recovery in international prices
"The increase in Peruvian exports has been driven by Asia's greater demand," he underlined.
In this sense, sales to Asian nations posted a 48% expansion in Jan-Oct this year, whereas shipments to other countries grew 8.5%.
The rise in Peruvian exports to Asia is not limited to China —country that saw a 40% increase. In fact, this is observed in India (126.8%), Thailand (122.2%), South Korea (61.7%), and Japan (51.8%) as well.