Andina

Peru: Natural product exports to South Korea up 2,333%

Exports. Photo: ANDINA/ Archive.

Exports. Photo: ANDINA/ Archive.

12:55 | Lima, Sep. 25.

Peruvian natural product shipments to South Korea totaled US$17.41 million between January and July 2017, a 2,333% increase from the same period last year, the Association of Peruvian Exporters (Adex) reported.

In this sense, sacha inchi (a.k.a. Inca peanut) stood out given its high omega content. 

Thus, said good has seen increasing demand from the health and beauty sectors.

It must be noted Peruvian natural product shipments to the Asian country reached US$715,719 in 2016's first half. 

Total exports

Between January and July 2017, Peru's natural product exports totaled US$151.36 million, a 2% growth compared with the same period last year.

Expansion was mainly underpinned by greater foreign sales of quinoa, Brazilian nuts, chia, maca and sacha inchi.

In this regard, sacha inchi shipments amounted to US$4.14 million (+174%).

In the analyzed period, aguaymanto and lucuma exports also increased 18% and 17%, respectively.

Peruvian natural products thus captivated 77 countries, being the United States (US$42.55 million) the main importer, followed by South Korea (US$17.41 million) and Italy (US$9.59 million), among others.

(END) JAA/MVB


Published: 9/25/2017