The European Union —made up of 27 countries— represents a potential market of more than 500 million people with an average annual income of US$35,000, providing an exceptional opportunity for Peruvian exporters, the
The aforementioned bloc appears as the second most important market for non-traditional exports.
Thanks to the Peru-EU Trade Agreement, preferential access has been obtained for 99.3% of agricultural products and 100% of industrial goods.
To date, PromPeru has 30 Peruvian Trade Offices Abroad (OCEX), of which 7 are located in important European cities, such as Madrid, Milan, Rotterdam, London, Hamburg, Moscow, and Paris. They have brought very concrete results in business opportunities and greater added-value niches.
Regarding the main exported products, copper ores and its concentrates topped the 2023 ranking, accounting for 21.2% of total shipments to the EU, with an exports value of US$ 1.442 billion. They represented an expansion of 51.9 % compared to 2022.
These were followed by exports of fresh avocados (US$498.8 million, +24%); refined copper cathodes and sections (US$490.4 million, +91.2%); green coffee beans (US$395.2 million, -37.6%); and fresh blueberries (US$370.6 million, +19.3%).
Regarding the main Peruvian regions that contributed to the dynamism of exports to the European bloc, Lima led the list in 2023, with US$1.282 billion, although it registered a 7.3% decline.
Moquegua (+119%); Ica (-2.7%); Piura (-12.2%); and La Libertad (+13.6%) were also included in the top-five exporting regions ranking.