Andina

Peru's non-traditional, services exports to reach US$22.5 billion in 2015

13:02 | Lima, Aug. 06 (ANDINA).

Non-traditional and services exports from Peru are expected to total US$ 22.5 billion in 2015 under free trade agreements singed by the country, Banco de Comercio said Tuesday.
According to manager of the International Business Department at Banco de Comercio, Manuel Serrano, non-traditional exports amounted to US$ 4.1 billion in May 2013, a 4 percent decrease compared to a year earlier (US$ 4.3 billion).

"However, services exports continue to grow, and it is expected to reach US$ 6 billion this year," he noted.

Serrano said that although total exports are experiencing a decline, it is an opportunity for exporters of non-traditional products and services to explore new regional markets.

He also stated that commercial alternatives to Peruvian exports are Brazil, which is connected by the Interoceanic highway with Peru, Costa Rica, Panama and Chile.

(END) AQR/JPC/LOG/MOC

Published: 8/6/2013