Peru is a country with a very solid and prosperous international trade that represents 46.8% of its gross domestic product. Is also a member of the World Trade Organization, so they have a lucrative exchange with different countries
such as China, Switzerland, United States, India, Mexico, Brazil and Ecuador.
Peru is characterized by being an open economy, where trade agreements are highly valued by the government, since they are an instrument to attract foreign direct investment and boost the economy towards growth.
In this sense, Peru has achieved that almost all its exports are supported by the current free trade agreements; which has allowed the entry of its products to 53 countries, including Chile, Canada, United States, Thailand, etc.
In addition, one of Peru’s main objectives in foreign trade is to position itself as a key link for trade between Latin America and the countries of the Asia-Pacific Economic Cooperation.
This nation has great advantages to succeed in international trade, due to the diversity of its resources, international treaties and the growth of small businesses that take advantage of this type of trade to boost their finances.
In this way, Peru has registered significant gains from foreign trade. In just 2018, this country registered 50 million dollars in exports. As if that were not enough, that same year it positioned itself as the third fastest growing country as an exporter in the world and the first in Latin America.
Also, between 2019 and 2021, a 5.1% growth in foreign trade activities in Peru is forecast, where imports increased 6.5% due to investment, employment and consumption, which opens up great opportunities in the economy from this country.
These are the 10 products with the highest export and import in Peru
Products in exports:
- Asparagus.
- Dry beans.
- Quinoa.
- Maca.
- Flour powder and fish pellets.
- Avocados.
- Blueberries.
- Unroasted coffee.
- Fresh grapes.
- Mango.
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