Andina

Peru ranked third among countries with highest exports growth in 2017


Exportaciones de prendas de fibra de alpaca

14:20 | Lima, Mar. 13.

Peru was placed third among countries with the highest increase in exports last year, Foreign Trade and Tourism Minister Eduardo Ferreyros said Tuesday.

The announcement was made at 2017 Peru Export Forum, held at Lima Convention Center in Peru's capital city.

The Inca country's total exports amounted to US$44.212 billion in 2017, posting a 21.8% increase from 2016.

According to the high-ranking official, Peru experienced the highest export growth rate in Latin America, thus overtaking Brazil, Ecuador, and Mexico.

2018 Goals

As for this year's goals, Ferreyros stated total sales are expected to reach US$50 billion in 2018.
 
He said the idea is to sell up to US$13 billion in non-traditional products and US$8 billion in services.

Finally, the minister affirmed Peru has been able to leverage the allegedly new "economic course" for the next years.

"Peru's trade agenda follows a dynamic path that will turn us into an increasingly competitive nation," Ferreyros concluded.

(END) MDV/JJN/RMB/MVB

Published: 3/13/2018