Andina

ECLAC: Peru exports to reach US$50.8 billion in 2018

14:20 | Mexico City (Mexico), Oct. 31.

Peruvian exports will reach US$50.818 billion in 2018, thus increasing 12.2% compared to the figures registered the previous year (US$45.275 billion), Economic Commission for Latin America and the Caribbean (ECLAC) projected Wednesday.

Furthermore, imports to the Inca country will total US$42.576 billion this year, a 10% expansion compared to 2017 (US$38.704 billion). 

According to ECLAC's International Trade Outlook for Latin America and the Caribbean —written in English— 24% of Peruvian companies use the Internet in order to sell their products and services.

"This country is one of the few in the region that includes questions on e-commerce in its surveys, censuses of economic establishments or interviews with small and medium-sized enterprises (SMEs)," it said.

"One-third of Peruvian firms carried out commercial promotion activities through the Internet in 2016. This is the chief means of promoting their products and represents 41% of the amount spent on the main forms of business advertising," ECLAC added.

Latin America and the Caribbean 

On the other hand, ECLAC projects a 9.7% increase in regional exports value this year, thus expanding for a second year in a row, after the sharp fall between 2012 and 2016.

Likewise, regional imports value will rise in 2018 for the second consecutive year (+9.5%). 

(END) CNA/DTK/MVB


Published: 10/31/2018