Peru has set the roadmap for its foreign trade to reach $140 billion in exports by 2040, the Ministry of Foreign Trade and Tourism (Mincetur) announced today.
In this regard, the Ministry stated that boosting exports, diversifying the productive sector, and generating greater opportunities for Peruvian companies are the objectives of the National Multisectoral Foreign Trade Policy to 2040, published by the government as the roadmap that will guide the development of foreign trade in the coming years.
“This policy establishes 5 priority objectives, 22 guidelines, and 40 services that will guide government interventions, focused on maximizing the use of trade agreements and opportunities, improving logistical efficiency and trade facilitation, developing and diversifying a competitive and value-added export supply of goods and services, and strengthening the capacities of actors involved in foreign trade,” explained the Minister of Foreign Trade and Tourism, Teresa Mera Gomez.
The publication was made official through Supreme Decree No. 010-2025-Mincetur and will be a new, ambitious guiding framework for Peruvian exports to continue on the path of growth in the coming decades, thus benefiting more Peruvians through trade. Expected Results
As a result of the implementation of this Policy, it is expected that by 2040, Peru will have achieved significant growth in its foreign trade, reaching exports of goods and services valued at US$140 billion, thus increasing its share of global trade.
This is explained by an increase in exports of value-added products, which could reach more than US$44 billion in 2040; as well as an increase in exports of non-traditional services, which would reach more than US$3.3 billion.
Likewise, it is estimated that total exports by micro, small, and medium-sized enterprises (MSMEs) will exceed US$6 billion.
This growth will be achieved through the development of a diversified and innovative export supply, promoting export chains that will boost regional economies, thus contributing to the creation of quality jobs.
“Peru has made significant progress in foreign trade over the past twenty years thanks to a long-term policy established in the National Export Strategic Plan (PENX) from 2003 to 2013, and again from 2015 to 2025. Now, thanks to this policy, we have a roadmap to 2040 for the development of the foreign trade sector,” highlighted the head of the Ministry of Foreign Trade and Tourism (Mincetur).
Value-added exports and new trade agreements
As part of this framework, Special Economic Zones, whose regulations were recently pre-published, will be positioned as mechanisms for generating added value, skilled employment, and technology transfer.
Finally, Peru will continue negotiating new trade agreements with strategic partners, or optimizing existing ones, to further diversify its export markets globally, thus generating new and greater business opportunities for Peruvian companies.
“This collaborative work between public entities and the private sector for the implementation of the 2040 Policy will allow us to achieve decentralized, inclusive, and sustainable economic growth, generating a positive impact on the country's development and well-being, and consolidating Peru as one of the fastest-growing economies in Latin America,” stated Minister Mera.
Once the National Multisectoral Foreign Trade Policy to 2040 is approved, the Ministry of Foreign Trade and Tourism (Mincetur) will promote its scope nationwide and coordinate its implementation with the relevant sectors to ensure the achievement of its objectives.
Furthermore, Mincetur will lead the monitoring and evaluation process, according to the guidelines established by the National Center for Strategic Planning (Ceplan).
It is worth noting that the development of this Policy stemmed from a participatory process involving all public and private economic actors and agents committed to foreign trade.
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(END) NDP / MDV
Published: 1/5/2026