Peru exports to CAN up 9.08% in Jan-Oct 2017



10:28 | Lima, Jan. 3.

The value of Peruvian exports to the Andean Community (CAN) grew 9.08% between January and October 2017, from the same period a year earlier, the South American country's Exports and Tourism Promotion Board (PromPeru) reported.

Peru's sales to CAN countries (Ecuador, Colombia and Bolivia) went from US$1.578 billion (Jan-Oct 2016) to US$1.721 billion (Jan-Oct 2017). 

Shipments to Ecuador experienced the largest rise in the analyzed term, going from US$540 million to US$660 million, up 22.04% from the year before.

Sales to Bolivia came next, with an 11.79% increase over the same period in 2016, moving from US$454 million to US$507 million.

Nevertheless, Peruvian exports to Colombia saw a 5.05% decline to US$553 million in Jan-Oct 2017 from US$583 million in the corresponding period the previous year.

Andean Community

The Andean Community comprises four countries that voluntarily joined together for the purpose of achieving more balanced and autonomous comprehensive development through Andean, South American and Latin American integration.

The four nations share the same past, varied geography, great cultural and natural diversity, as well as common goals and targets.

One of the bloc's objectives is to facilitate member countries' participation in the regional integration process, with the ultimate goal of forming a common Latin American market.


Published: 1/3/2018